Business
ST Engineering falls 6.3% despite higher first-half profit; stock had surged over 80% year to date
Shares of ST Engineering tumbled shortly after trading started on Thursday (Aug 14) despite the group announcing better first-half results…
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Stock
Business
Shopee, Monee power Sea Q2 earnings; stock soars 18.9% on NYSE
Its shares are up 64.1% in the year to date and have quadrupled since its low of US$34.82 at the start of 2024 Sea Limited shares on the…
Business
China’s US$11 trillion stock market is staging a quiet resurgence
Chinese stocks have gained ground in recent months despite a lack of major catalysts, with ample domestic liquidity likely to sustain the…
Business
Tencent investors eye path to record in cheap stock valuations
As tech megacaps around the world climb to new records, investors see a chance for Tencent Holdings shares to finally regain their former…
Business
Hyperlocal deliveries fuel 300% stock rise for Shopee owner Sea
In the battle royale of global e-commerce, the names are familiar and formidable: Amazon. TikTok Shop. Shein. Temu. But in South-east…
Business
DBS looks to volume growth to mitigate falling interest rates; stock soars to record high
DBS expects deposits volume growth will continue to support net interest income for 2025, even as its net interest margin (NIM) declines…
Business
DBS looks to volume growth to mitigate falling interest rates; stock soars to record high, hits S$50 mark
Shares of DBS soared to a record high on Thursday (Aug 7) – briefly hitting a milestone S$50 mark – as South-east Asia’s biggest lender…
Business
China stock Pheton plunges 90% in minutes after pump-and-dump warning
Pheton Holdings, a Nasdaq-listed Chinese health care company, lost 90 per cent of its market value in a matter of minutes on Tuesday (Jul…
Business
Nomura profit exceeds estimates on stock trading boom
Nomura Holdings’ profit beat expectations last quarter, as the Japanese firm joined the equity trading boom that fuelled earnings for Wall…
Business
Asia: Stock markets fall as trade relief fades, eyes on data and earnings
Stocks fell on Tuesday as the positivity sparked by recent US trade deals dissipated, with investors now focused on the release of key…
Business
BYD’s Shenzhen share split could boost stock after retreat
A three-for-one stock split for BYD’s mainland-traded shares could be a positive catalyst for the carmaker after a weeks-long slump. Its…
Business
Macau casino bulls see stock rally extending as revenue grows
Eased travel policy and railway improvements are among the factors seen keeping the uptrend going Macau casino stocks are poised to…
Business
Samsung reasserts clout as top South Korean stock on AI catch-up hopes
Samsung Electronics has at least briefly reassumed its place as South Korea’s most important stock, as investors eye chances for it to…
Business
What is Laopu Gold? Its stock soared 2,000% and now it’s opened a store in Marina Bay Sands
Up-and-coming Chinese jewellery label Laopu Gold has made waves in the past year with both consumers and investors alike. There has been…
Business
Flying taxi CEO is a billionaire again after stock rallies to all-time high
Four years after a much-hyped Spac (special purpose acquisition company) deal followed by a swift collapse, shares of US flying taxi…
Business
Trump's Tariff Threat Sends World Stock Markets Sliding; Wall Street Hopes for Trade Resolution Before Earnings
Global stock futures tumbled early Friday in Asia as President Donald Trump doubled down on tariff threats against major U.S. trading…
Business
Japan succession crisis fuels elevator empire 6,000% stock gain
Tucked away in Japan’s vast corporate landscape is a little-known elevator maintenance company which has built an empire by buying up…
Business
The TikTok-Viral Coach Kisslock Bag That Sold Out in Minutes Is Finally Back in Stock Today
If you purchase an independently reviewed product or service through a link on our website, WWD may receive an affiliate commission. In…
Business
Tesla short sellers set to pocket about US$1.4 billion in profits after stock slump
Tesla’s shares fell 7.5% at US$291.50, having lost more than 21% so far this year Traders are set to make about US$1.4 billion in paper…
Business
Germany’s 34.1 billion euros pension gives mandate to China stock fund
A German pension fund has tapped a Chinese firm’s Hong Kong arm to help it invest in local stocks, in a rare move among global allocators…
Business
Taiwan stock ETFs lead inflows in Asia with US$19 billion haul
Traders are swarming to equity-focused, exchange-traded funds (ETFs) listed in Taiwan, with demand from retail investors and a strong…
Business
SGX and HKEX in charts: a tale of two stock markets
Singapore’s market is weathering a listing draught while its rival bourse up north, the Hong Kong stock exchange, is on fire - on track to…
Business
Thakral’s GemLife debuts on Australian stock exchange with A$1.65 billion market cap
It ends first day of trading up 4.1% at A$4.33, with 9.12 million stapled securities transacted Thakral Corporation’s investee company in…
Business
Bezos unloads US$737 million of Amazon stock in year’s first sale
Jeff Bezos sold 3.3 million Amazon.com shares in recent days, netting US$736.7 million. The sale, which coincided with his star-studded…