Business
Abercrombie & Fitch Shares Take a Hit Despite Positive Outlook
Fran Horowitz, the chief executive officer of Abercrombie & Fitch Co., received a warm reception from the crowd at the NRF Big Show on…
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shares
Business
China battery shares drop on plan to cut export tax rebates
From April, discounts on 22 battery-related goods will be cut from 9% to 6%, with a complete removal planned from 2027 Chinese battery…
Business
Apple shares on pace to match longest losing streak since 1991
The company and other computer and device makers have been under pressure from rising prices for components such as memory chips Apple…
Business
Shares in Primark Parent ABF Begin Slow Recovery After Shock Profit Warning
LONDON – Shares in Primark’s parent Associated British Foods began a slow recovery following Thursday’s shock profit warning due to…
Business
JPMorgan replaces proxy advisers with AI for voting US shares
The internal AI platform, dubbed Proxy IQ, will now be used to manage votes and analyse data on more than 3,000 annual company meetings…
Business
Samsung Electronics to buy 2.5 trillion won of its shares for employee compensation
Samsung Electronics on Wednesday said it would acquire 2.5 trillion won (S$2.2 billion) worth of its own shares for employee and executive…
Business
US stocks end down as tech shares drop ahead of New Year
Wall Street’s main indexes ended lower on Monday (Dec 29), kicking off the final week of the year on a softer note, as heavyweight…
Business
Nio shares climb as much as 6.7% on report of more CATL reliance
CATL will supply 100 kWh batteries to the Nio brand and 85 kWh batteries to the Onvo brand, says CnEVPost Shares of Chinese electric…
Business
Nio shares climb 5.6% on report of more CATL reliance
CATL will supply 100 kWh batteries to the Nio brand and 85 kWh batteries to the Onvo brand, says CnEVPost Shares of Chinese electric…
Business
Singapore shares slip before Christmas break; STI down 0.1%
Meanwhile, the iEdge Singapore Next 50 Index rises 0.1% or 1.61 points to 1,448.61 Singapore shares ended slightly lower on Wednesday (Dec…
Business
Novo Nordisk shares jump almost 8% after US approves Wegovy pill
The approval gives the drugmaker a first-mover advantage in the race for a potent oral weight-loss medicine [COPENHAGEN/LONDON] Novo…
Business
Innospace's rocket crashes in first commercial launch in Brazil; shares tumble
Dec 23 (Reuters) - South Korean satellite launch company Innospace on Monday launched the first commercial rocket from Brazil's Alcantara…
Business
European shares muted at start of holiday-shortened week
EUROPEAN shares were little changed on Monday, with beverage stocks weighing on the index, as investors navigated a holiday-shortened week…
Business
China consumer shares hit record losing streak on weak demand
Chinese consumer stocks are headed for their longest-ever stretch of annual underperformance, and analysts expect the trajectory to…
Business
CNMC Goldmine shares fall 7.3% on extra tax, penalty in Malaysia
A Malaysian unit of CNMC Goldmine is facing additional income tax and a penalty worth RM29.6 million Shares of Catalist-listed CNMC…
Business
CNMC Goldmine shares fall 1.8% on extra tax, penalty in Malaysia
Shares of Catalist-listed CNMC Goldmine fell as much as 7.3 per cent on Monday (Dec 22) as investors reacted to its Malaysian unit facing…
Business
US FTC probes Instacart’s AI pricing tool, source says; shares drop
Shoppers viewing Instacart prices saw wildly different prices for the same items sourced at the same stores THE US Federal Trade…
Business
Micron forecasts blowout earnings on booming AI market, shares rise 5.7%
MICRON Technology forecast second-quarter adjusted profit at nearly double what Wall Street analysts expected on Wednesday, buoyed by…
Business
Singapore shares edge higher as regional markets end mixed; STI up 0.1%
The iEdge Singapore Next 50 Index also gains 0.1%, rising 1.35 points to 1,435.99 Singapore stocks ended higher on Monday (Dec 15), even…
Business
Raffles Education leads most active pack on SGX with 41 million shares traded; price jumps 24%
Counter hits peak of S$0.133 on Monday; volume is 4 times its average daily figure Raffles Education led the pack of actives on the…
Business
Raffles Education leads most active pack on SGX with 43 million shares traded; price jumps 24%
Counter hits peak of S$0.133 on Monday; volume is 4 times its average daily figure Raffles Education led the pack of actives on the…
Business
Raffles Education leads most active pack on SGX with 60.8 million shares traded; closes 23.4% higher
Counter hits peak of S$0.133 on Monday; volume is 4 times its average daily figure Raffles Education led the pack of actives on the…
Business
Hongkong Land shares jump 5.5% on news of S$8 billion real estate fund
Shares of Hong Kong Land soared as much as 5.5 per cent after the company announced plans to inject its interests in One Raffles Quay,…
Business
Hongkong Land shares close 3.5% down following news of S$8 billion real estate fund
Shares of Hongkong Land soared as much as 5.5 per cent after the company announced plans to inject its interests in One Raffles Quay,…