Business
Stoneweg Europe Stapled Trust’s portfolio value rises 1.1% in H1 2025
Stoneweg Europe Stapled Trust’s (Sert) portfolio valuations increased by 1.1 per cent or 24.9 million euros (S$37.3 million) for the first…
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Business
China shuns costly LNG imports even as summer power demand rises
Sweltering temperatures are pushing up appetite for electricity in China, just not yet enough to revive the country’s spot purchases of…
Business
Del Monte Philippines’ FY2025 Ebitda rises 40%, as exports growth drives sales
Del Monte Philippines said earnings for the year ended May 2025 rose, powered by higher domestic and international sales. The subsidiary…
Business
Richard Li’s FWD rises in HK debut, reversing earlier decline
The insurer plans to use the proceeds to reduce debt, support growth and enhance its digital capabilities — Billionaire Richard Li’s FWD…
Business
Richard Li’s FWD rises in HK debut, reversing earlier declines
Billionaire Richard Li’s FWD Group Holdings rose in its Hong Kong trading debut, reversing earlier declines, after an initial public…
Business
US: Wall Street opens slightly lower after weak jobs data; Tesla rises
STOCKS opened lower on Wednesday (Jul 2) as surprisingly weak US private jobs data raised concerns about the labour market, while Tesla…
Business
Yangzijiang Financial rises over 6% after update on maritime subsidiary incorporation
Shares of Yangzijiang (YZJ) Financial rose by over 6 per cent on Wednesday (Jul 2) morning, following an update by the group on its…
Business
Gold rises on weaker US dollar as markets await Fed rate-cut clues
Gold prices rose on Tuesday (Jul 1), supported by a weaker US dollar, as investors awaited labour market data due later this week to…
Business
Singtel CEO’s remuneration rises 16.8% to S$8.2 million in FY2025 as group eyes growth amid trade tensions
Singtel’s leadership struck a cautiously optimistic tone on its near to medium-term outlook, even as group chief executive officer Yuen…
Business
Wall Street Today: Dow Drops, Nasdaq Rises as Investors Eye Fed Caution and Geopolitical Ease
The US markets took a breather on Wednesday, closing mixed after two days of strong gains. The Nasdaq gained 61 points, the S&P 500 was…
Business
Gold rises as investors seek safe havens amid Middle East conflict fears
Gold prices inched higher on Monday (Jun 23) as investors turned to safe-haven assets amid growing fears of a broader Middle East…
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Gold rises on Middle East tensions, but Fed’s cautious outlook caps gains
Gold prices edged higher on Thursday (Jun 19), supported by safe-haven demand amid uncertainty in the Middle East, although gains were…
Business
Bank of Japan to weigh slowdown in bond buying cuts after volatility rises
The Bank of Japan (BOJ) is set to consider whether to taper its bond purchases at a slower pace while also leaving its benchmark interest…
Business
SGX securities turnover rises 1% in May, volume down 18%
The total securities market turnover value on the Singapore Exchange (SGX) edged up 1 per cent year on year to S$26.9 billion, supported…
Business
Gold rises as US-China trade uncertainty persists, investors eye inflation data
GOLD prices edged higher on Wednesday as uncertainty surrounding the finalisation of a US-China trade agreement weighed on sentiment and…
Business
Nissan offers buyouts to US workers, halts global pay rises, internal emails show
Japan’s Nissan has started offering buyouts to US workers and has suspended merit-based wage increases worldwide, internal emails reviewed…
Business
Nissan offers buyouts to US workers, halts global pay rises, internal e-mails show
Japan’s Nissan has started offering buyouts to US workers and has suspended merit-based wage increases worldwide, internal e-mails…
Business
Maybank Q1 net profit rises 4% to RM2.6 billion
Maybank’s net profit for the quarter ended Mar 31, 2025, increased 4 per cent to RM2.6 billion (S$790 million), up from RM2.5 billion in…
Business
Sats Q4 profit rises 18.3% to S$38.7 million
In-flight caterer Sats on Friday (May 23) reported net profit of S$38.7 million for the three months ended Mar 31, 2025, gaining 18.3 per…
Business
Gold rises as investors grow cautious amid US debt fears
Markets are now pricing in at least 50 basis points of rate cuts this year, with the first one expected in October Gold prices rose on…
Business
LHN net profit for H1 rises 8.8% to S$14.1 million
LHN’s net profit for the first half ended March 31 rose 8.8 per cent to S$14.1 million from S$13 million in the year ago period. The real…
Business
Bumitama Agri Q1 profit rises 51% to 495.6 billion rupiah
Higher commodity prices and rising production drive revenue up 19% at 4.6 trillion rupiah Bumitama Agri posted on Thursday (May 15) a 51…
Business
Bumitama Agri Q1 profit rises 51% to 495.9 billion rupiah
Bumitama Agri posted on Thursday (May 15) a 51 per cent rise in net profit to 495.9 billion rupiah (S$38.9 million) for the first quarter…
Business
Commerzbank profit unexpectedly rises in boost to CEO Orlopp
Commerzbank’s first-quarter profit unexpectedly rose to the highest in 14 years as commissions increased, and the German lender set aside…