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Wall Street’s main indexes opened lower on Monday (Jan 27), as the surging popularity of a low-cost Chinese artificial intelligence model sparked a selloff in chipmaker Nvidia and other…
SINGAPORE’S largest lender DBS Bank has acquired an additional stake in Shenzhen Rural Commercial Bank (SRCB), increasing its stake from 16.7 per cent to 19.4 per cent, it announced in a…
Shares of some construction companies surged last week on various announcements and a projected bright outlook. Hock Lian Seng was up 12.9 per cent for the week, and Pan-United gained 11.6…
Japfa announced on Friday that members of its founding family were making a joint offer to acquire around 18.3 per cent of the company’s total issued shares SHARES of agri-food company…
SINGAPORE shares started trading in negative territory on Monday (Jan 27), mirroring the global markets. As at 9.01 am, the Straits Times Index (STI) opened down 0.3 per cent or 11.72…
THE following companies saw new developments that may affect trading of their securities on Monday (Jan 27): Keppel: The company was granted a license by the US to build a 20,000 km subsea…
WITH uncertainty swirling around the outlook for inflation and interest rates, there’s been one dependable catalyst keeping Wall Street’s spirits lifted: Corporate America’s bottom line.…
ALPHABET’S Google, already facing an unprecedented regulatory onslaught, is looking to shape public perception and policies on artificial intelligence (AI) ahead of a global wave of AI…
The breathing room Great Eastern and OCBC now have to address the insurer’s free float stretches beyond the likely dates of their upcoming AGMs When Great Eastern announced late last…
In one of his first acts in office, President Trump issued an executive order promising to end government censorship and restore free speech. The order accused the outgoing Biden…
Emerging-market (EM) currencies climbed during the first week of Donald Trump’s second term, helped by a softer-than-expected rollout of US tariffs and the absence of new levies on Chinese…
THE Nasdaq-100 Index delivered an impressive 25.9 per cent gain in 2024, led by the stellar performance of heavyweight technology counters such as Nvidia and Alphabet. After a correction…
Singapore real estate investment trusts (S-Reits) with industrial assets have delivered a resilient performance with continued positive rental reversions, as managers stay active in their…
Singapore real estate investment trusts (S-Reits) with industrial assets have delivered a resilient performance with continued positive rental reversions, as managers stay active in their…
Currency traders looking for their next big idea could do worse than talk to Wong, who runs a news stand in Hong Kong’s Central District. Her business is one of many street stalls that…
Starbucks paid new chief executive officer Brian Niccol about US$96 million for four months of work last year, one of the biggest compensation packages in corporate America. About 94 per…
Oil prices settled slightly higher on Friday (Jan 24) but posted a weekly decline, ending four straight weeks of gains, after US President Donald Trump announced sweeping plans to boost…
THE family members of Japfa’s founder are looking to take the agri-food company private by way of scheme of arrangement, for S$0.62 per share. The joint offerors, Renaldo and Gabriella…
META Platforms plans to spend between US$60 billion and US$65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said on Friday (Jan 24), joining a wave of Big Tech…
LIAN Beng Group’s board of directors – comprising the controlling Ong family – has proposed to acquire and privatise property developer SLB Development via a scheme of arrangement, the…
THOMSON Medical expects to report a loss after tax for the six months ended Dec 31, 2024, following a preliminary review of the unaudited financial results. This is mainly due to poorer…
A UNIT of Far East Orchard (FEO) has acquired an additional stake in its commercial property in Woodlands for S$25 million. Woods Square, an integrated commercial development comprising…
PRECISION plastic components manufacturer Fu Yu Corporation’s board of directors declined to appoint substantial shareholder Victor Lim as a director due to potential non-conformance to…
PRECISION plastic components manufacturer Fu Yu Corporation’s board of directors declined to appoint substantial shareholder Victor Lim as a director due to potential non-conformance to…
