Business
‘Significant improvement’: CNMC Goldmine expects profit lift for 2025 on higher gold, silver prices
CNMC Goldmine expects a “significant overall improvement” to its net profit for the financial year ended Dec 31, 2025, compared with the…
Tag
prices
Business
DBS, OCBC, UOB target prices climb as banks hit record highs
Analysts are ratcheting up target prices for local lenders as their shares and the benchmark Straits Times Index (STI) scaled new peaks.…
Business
Some in Bank of Japan saw need to watch weak-yen impact on prices in timing rate hike: December minutes
A few Bank of Japan board members said the central bank must be mindful of the impact a weak yen could have on underlying inflation in…
Business
Surging memory chip prices dim outlook for consumer electronics makers
AL demand for smartphones, personal computers and gaming consoles is expected to shrink this year as companies from Britain’s Raspberry Pi…
Business
UOB’s Sydney branch prices A$2 billion in five-year notes
UOB’s Sydney branch has priced a combined A$2 billion (S$1.7 billion) in two tranches of five-year senior unsecured notes, comprising…
Business
SIA prices S$500 million 10-year notes at 2.7% fixed rate
Flag carrier Singapore Airlines (SIA) has priced S$500 million in 10-year notes at a fixed rate of 2.7 per cent per annum, with proceeds…
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Oil prices sink more than 2% as Trump remarks calm concern about Iran
Oil prices slid more than 2 per cent in early Asian trade on Thursday after US President Donald Trump said killings in Iran’s crackdown on…
Business
UOB prices S$850 million perpetual securities at 3%
UOB has priced S$850 million in perpetual capital securities at 3 per cent under its US$30 billion Global Medium Term Note Programme, the…
Business
F&N unit prices S$125 million in fixed-rate notes due 2033 at 2.6%
The notes are payable semi-annually in arrears and will be issued in denominations of S$250,000 each Beverage maker Fraser and Neave (F&N)…
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China’s industrial buyers shun copper after prices hit record
A SIGNIFICANT chunk of Chinese copper demand has all but evaporated after the metal’s stunning surge to record levels. Copper on the…
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China’s industrial buyers shun copper after prices hit record
A SIGNIFICANT chunk of Chinese copper demand has all but evaporated after the metal’s stunning surge to record levels. Copper on the…
Business
ExxonMobil signals lower oil prices could hit fourth-quarter upstream profit
US OIL major ExxonMobil said on Wednesday that lower crude oil prices could cut its fourth-quarter upstream earnings by about US$800…
Business
China’s PBOC adds gold for 14th month as prices hit record
Bullion held by the People’s Bank of China rose by 30,000 troy ounces last month China’s central bank extended its gold-buying streak to…
Business
Carmakers slash prices again in China, defying regulators
Prices for new cars keep falling as automakers compete to clear out inventory in a sluggish market GLOBAL automakers and their dealers in…
Business
Samsung likely to flag 160% jump in Q4 profit as AI boom stokes chip prices
Samsung Electronics is expected to flag a 160 per cent jump in its fourth-quarter operating profit spurred by a severe chip shortage that…
Business
Why silver prices have been surging even more than gold
Global demand for silver has outpaced the output from mines for five consecutive years Gold has staged a dramatic rally this year as the…
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Oil prices gain on US interception of oil tanker off the coast of Venezuela over weekend
OIL prices climbed in early trade on Monday after the US intercepted an oil tanker off the coast of Venezuela in international waters.…
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High coffee prices are changing how consumers take their daily brew
The median price of a regular cup of coffee on menus across the US has risen almost 20% since early 2023 Global coffee prices rose to…
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Instacart is charging different prices to different customers in a dangerous AI experiment, report says
The grocery delivery service Instacart is using artificial intelligence to experiment with prices and charge some shoppers more than…
Business
DBS bullish on developers, hikes up target prices for CDL, UOL, GuocoLand
The increase comes on lower interest rates and plans by developers to recycle capital and rejuvenate assets DBS Research has taken a…
News
Butter, milk and cheese prices slide as ‘stunning’ production floods global markets
Butter, milk and cheese prices are falling as a surge in global milk production floods the market, prompting warnings of a looming period…
Business
Microsoft to lift productivity suite prices for businesses, governments
The company says that the changes reflect more than 1,100 new features added across Microsoft 365 Microsoft will increase prices for its…
Business
UOB prices £750 million floating rate covered bonds due 2029
UOB announced on Tuesday (Dec 2) that it has priced £750 million (S$1.3 billion) floating rate covered bonds due June 2029. The issue date…
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Australia house prices climb in November amid record unaffordability, Cotality says
AUSTRALIAN home prices rose in November with large gains in several state capitals, amid a record level of housing unaffordability,…