Business
US: Stocks end lower after strong start as rally fades
Wall Street stocks finished lower on Thursday, shrugging off strong gains by Microsoft and Meta as traders await key US employment data…
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Strong
Business
Unilever to Intensify Focus on Beauty, Wellbeing, Personal Care and Strong U.S., India Markets
LONDON – Going forward, Unilever will prioritize beauty, wellbeing and personal care products, said new chief executive Fernando Fernandez…
Business
Rolls-Royce raises profit and cash flow outlook after strong H1
British aero-engineer Rolls-Royce raised its full-year outlook for both operating profit and free cash flow on Thursday (Jul 31) after it…
Business
Seatrium falls 5.4% after fines, despite strong H1 results
The company announced on Wednesday (30 Jul) it was to pay S$240 million in financial penalties Shares of Seatrium dived 5.4 per cent…
Business
Seatrium shares tumble 5.4% after fines, despite strong H1 results
The company will pay S$240 million in financial penalties to settle corruption offences Shares of Seatrium dived 5.4 per cent shortly…
Business
Seatrium H1 profit rises 300% to S$144.4 million on strong order book, margin growth
Seatrium’s net profit for the six months ended Jun 30 grew 301.3 per cent to S$144.4 million, from S$36 million during the same period…
Business
Seatrium H1 profit quadruples to S$144.4 million on strong order book, margin growth
Seatrium’s net profit for the six months ended Jun 30 grew 301.3 per cent to S$144.4 million, from S$36 million during the same period…
Business
eBay gains after projecting strong sales on resilient consumers
eBay shares jumped about 10 per cent after the company projected sales that topped analysts’ estimates, suggesting optimism for continued…
Business
Mondelez beats second-quarter estimates on strong international demand
CADBURY-PARENT Mondelez International beat Wall Street estimates for second-quarter revenue and profit on Tuesday, supported by steady…
Business
iFast climbs 10% after strong Q2 net profit
Shares of iFast soared 8.76 per cent on market open on Jul 28 after the digital bank and wealth management platform reported a strong Q2…
Business
iFast surges 10% after strong Q2 net profit
The company on Friday reported a net profit of S$22.1 million for the second quarter of FY2025, up 37.9% from the previous year Shares of…
Business
iFast surges 11.3% after strong Q2 net profit
Shares of iFast surged just minutes after market open on Monday (Jul 28), after the digital bank and wealth management platform reported a…
Business
Asian Markets Rise on Trade Optimism and Strong US Earnings
Markets across Asia rose on Thursday as optimism from Wall Street and the promise of more U.S. trade deals fueled trading. The MSCI…
Business
Deutsche Bank beats profit expectations despite deal slump, strong euro
Deutsche Bank returned to a better-than-expected profit in the second quarter from a loss a year ago as trading earnings helped offset…
Business
SIA Engineering Q1 net profit rises 29.2% to S$42.9 million on strong MRO demand
Aircraft maintenance provider SIA Engineering Company (SIAEC) on Tuesday (Jul 22) reported a net profit of S$42.9 million for the first…
Business
UOBKH initiates coverage on Lum Chang Creations with “buy” call on strong growth outlook
UOB Kay Hian (UOBKH) has initiated coverage on Lum Chang Creations (LCC), assigning the interior fit-out business a “buy” call and a…
Business
Gold heads for weekly dip as strong dollar, US data weighs
Gold was flat in early Asian trade on Friday (Jul 18), heading for a weekly fall, weighed down by an overall stronger US dollar and solid…
Business
Europe: Shares see first daily gain in five on strong earnings
European shares snapped a four-day losing streak on Thursday (Jul 16), boosted by gains in industrials ABB and Legrand after they reported…
Lifestyle
SIA, Scoot passenger traffic up 4.5% in June on strong travel demand
Singapore Airlines (SIA) and its low-cost arm Scoot reported a 4.5 per cent year-on-year increase in passenger traffic in June, its…
Unsorted
Trump tariff risks put Asian stocks’ strong July record to test
A seasonal lift for Asian equities in July may be hard to come by this year as tariff and macroeconomic concerns dampen sentiment. Markets…
Business
Oil settles up on signs of strong demand, investors await Opec+ decision
Oil prices edged higher on Tuesday as investors took stock of positive demand indicators, while also treading cautiously ahead of an Opec+…
Business
US: S&P 500, Nasdaq open at record levels on trade talk hopes; set for strong quarter
The S&P 500 and Nasdaq opened at fresh record highs on Monday (Jun 30), as optimism over the United States striking trade deals with its…
Business
Oil rebounds on signs of strong US demand
Oil prices rose nearly 1 per cent on Wednesday, recovering from a sharp slide early this week, as data showed relatively strong US demand,…
Business
DBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings
DBS bank on Monday (Jun 9) raised its target price for DFI Retail Group from US$3 to US$3.60 and maintained its “buy” rating, citing a…