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TOTAL securities market turnover value on the Singapore Exchange (SGX) increased 75 per cent year on year (yoy) to S$30.38 billion in September, according to the bourse’s monthly market…
TALKS between Boeing and its largest union to end an almost monthlong strike collapsed for a third time, extending a shutdown of the planemaker’s key commercial manufacturing base on the…
NEW Zealand’s central bank cut interest rates by half a percentage point, stepping up the pace of easing as policymakers become more concerned about the economic slowdown. The Reserve Bank…
FRASERS Hospitality Trust’s (FHT) pro forma distributable income for financial year 2024 is estimated to fall by S$1.3 million, following changes to its Australian unit’s managed…
PURE-PLAY data centre real estate investment trust (Reit) Digital Core Reit has recast US$716 million of loan facilities which will be used to refinance its existing US$703 million term…
GOLD prices held steady on Wednesday (Oct 9) as traders awaited cues on US interest rate policy from the minutes of the Federal Reserve’s latest meeting. Spot gold held its ground at…
SINGAPORE stocks began Wednesday (Oct 9) morning trading in positive territory, mirroring overnight gains in the US market. As at 9.01 am, the Straits Times Index (STI) rose 27.54 points…
AUSTRALIA’S central bank will strengthen its assessment of potential risks when deploying an unconventional monetary policy, assistant governor Christopher Kent said following a review of…
THE following companies saw new developments that may affect trading of their securities on Wednesday (Oct 9): Singtel: Business and emergency services hotlines, including those of…
ADOBE said on Tuesday (Oct 8) it will offer a free web-based app starting next year, aimed at helping the creators of images and videos to get credit for their work used in artificial…
ROBLOX shares slumped on Tuesday (Oct 8) after short seller Hindenburg Research said it’s betting against the gaming platform. The stock fell as much as 9.4 per cent in intraday trading on…
SINCE the government announced in February 2024 that it would invest up to S$100 million to upgrade Singapore’s Nationwide Broadband Network to run on speeds up to 10 gigabits per second…
TIKTOK faces new lawsuits filed by 13 US states and the District of Columbia on Tuesday (Oct 8), accusing the popular social media platform of harming and failing to protect young people.…
FUND manager GLP Capital Partners (GCP) has agreed to sell its operations outside China to US-based alternative investment group Ares Management, in a deal worth up to US$5.2 billion.…
PepsiCo cut its forecast for annual sales growth on Tuesday (Oct 8) as picky consumers in North America limit their spending on sodas and savoury snacks, while opting for cheaper…
CHINA’S BYD wants to make cars in India but has received no “direct” signal from New Delhi on a possible easing of stringent investment rules for Chinese businesses, a top executive said,…
SHEIN’S British business made £1.55 billion (S$2.6 billion) in revenue in 2023, up sharply from its previously reported results, a filing by the online fast-fashion group showed on Tuesday…
NEW Chinese duties on European brandy imports would have “catastrophic” consequences for one of France’s top export sectors, the BNIC lobby group of Cognac producers said on Tuesday (Oct…
SINGAPORE stocks tracked regional declines on Tuesday (Oct 8), reversing Monday’s gains. The benchmark Straits Times Index (STI) lost 0.7 per cent or 23.5 points to 3,575.69. Across the…
Hong Kong’s Hang Seng Index dived 9.41%, or 2,172.99 points, to 20,926.79. Hong Kong stocks plunged more than nine per cent on Tuesday (Oct 8), their biggest fall in 16 years, after China…
Its ownership in the company falls to 7.54% from 8.58%, a filing to Japan’s finance ministry shows SAUDI Arabia’s sovereign wealth fund has disclosed that it sold down its stake in…
THE global slowdown in electric vehicle (EV) sales has hit LG Energy Solution, with the Korean battery maker’s third-quarter profit falling almost 40 per cent. Operating profit for three…
GOLD prices were flat in early Asian hours on Tuesday (Oct 8) as market participants awaited minutes of the US Federal Reserve’s last meeting and more economic data for further clarity on…
AUSTRALIA’S central bank discussed scenarios in which the cash rate may need to be raised or cut in the future at the September policy meeting, having left interest rates steady at 4.35…
