Business
Top Glove shares end flat after 7.3% surge in intra-day trade on return to full-year profitability
The group attributes its improved performance to the higher demand for gloves and its cost efficiency Shares of Top Glove soared on Friday…
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shares
Business
Seatrium shares plunge 7.8% after US$475 million Maersk contract termination
Citi analyst Luis Hilado said the contract termination will likely have a negative near-term impact on its shares Shares of Seatrium…
Business
Seatrium shares plunge 7.8% after US$475 million Maersk offshore Wind contract termination
Citi analyst Luis Hilado said the contract termination will likely have a negative near-term impact on its shares Shares of Seatrium…
Business
Seatrium shares plunge up to 7.8% on US$475 million Maersk Offshore Wind contract termination
This development will likely have a negative near-term impact on the stock, says Citi analyst Luis Hilado Shares of Seatrium plunged as…
Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 7%
The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind Seatrium on Friday…
Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 6.6%
The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind Seatrium on Friday…
Business
Industrial property developer Soon Hock Enterprise to offer 21.6 million shares at S$0.58 apiece in mainboard listing
The company expects to raise net proceeds of about S$34.6 million, part of which will be used for land-site and building acquisitions…
Business
Singapore shares continue to rally; STI up 1.1%
Singapore shares closed higher on Tuesday (Oct 7), buoyed by local bank DBS’ continued rally. The benchmark Straits Times Index (STI) rose…
Business
Thakral to receive S$13.1 million from sale of shares in UK beauty company, ahead of London IPO
Thakral’s remaining TBTG shares will be worth £18.1 million (S$31.5 million) immediately upon listing Singapore-listed Thakral Corp will…
Business
Singapore shares rise amid mixed regional showing; STI up 0.2%
Across the broader market, decliners outnumber advancers 326 to 240, after 1.4 billion securities worth S$1.2 billion change hands Shares…
Business
AEM denies allegations of patent infringement from US semiconductor firm; shares dive 9.3%
The company says the patents relate to a specific wafer level test system that it does not practice US semiconductor test equipment…
Business
AEM denies allegations of patent infringement from US semiconductor firm; shares close 8.8% lower
Separately, DBS Group Research has raised its target price for AEM, citing its tech edge and the semiconductor sector’s growth trajectory…
Business
Australia: Financials, gold stocks help shares notch 6-week high
AUSTRALIAN shares rose to a six-week high on Monday, driven by gains in index heavyweight financials and gold stocks, while Wall Street’s…
Business
Aeffe Shares Plunge 43% as Group Seeks Financial Restructuring
MILAN – Aeffe shares plunged 43.34 percent to close at 0.25 euros on the Italian Stock Exchange on Friday. This followed Aeffe’s decision…
Fashion
Pierpaolo Piccioli Shares His Vision for Balenciaga
When Pierpaolo Piccioli landed in Paris to start working as Balenciaga’s new creative director last June, he went straight from the…
Business
Europe: Shares mark best week since April on boost from banks, healthcare
EUROPEAN shares logged their best weekly showing in five months on Friday with healthcare and miners leading advances on the day as rising…
Business
Singapore shares continue to climb; STI up 0.4%
Across the broader market, gainers beat losers 336 to 247, as 1.6 billion securities worth S$1.7 billion change hands Singapore stocks…
Business
Samsung, SK Hynix shares climb after chips deal with OpenAI
As part of the agreement, the partners will help Seoul develop a domestic AI ecosystem, something many governments are exploring to try…
Business
Europe: Shares close at record high as healthcare outperforms; US shutdown in focus
The absence of data is expected to increase volatility in markets and potentially impair the Federal Reserve’s ability to gauge the…
Business
Singapore shares rise amid mixed regional showing; STI up 0.5%
Across the broader market, gainers beat decliners 258 to 155, as 1.6 billion securities worth S$1.6 billion change hands Singapore stocks…
Business
Shares of LHN surge 7% after co-living unit lodges SGX listing prospectus
The property portfolio of Coliwoo comprises 25 properties in ‘high-demand locations’ across Singapore Shares of property management…
Business
Singapore shares buoyed by regional sentiment and domestic policy support; STI up 0.1%
Across the broader market, gainers beat decliners 355 to 244 amid a high trading volume of 2.2 billion with a total transaction value of…
Business
Australian shares hit near 2-week high as banks, healthcare stocks gain
Australian shares rose on Monday (Sep 29), led by financials ahead of a widely expected hold on interest rates by the central bank, while…
Business
Singtel shares fall 3.3% as new Optus outage affects 4,500, disrupts emergency calls
A Singtel delegation visits Australia this week to meet the country’s communications minister about an earlier outage linked to three…