Culture
China’s margin curbs threaten rally in stock market favourites
Investors chasing fast-moving trends face more uncertainty, as margin access can disappear quickly[BEIJING] A rule aimed at curbing exposure to overvalued stocks is posing another challenge to China’s market,...
Stocks to watch: Mapletree Pan Asia Commercial Trust, FCT, Wee Hur, Digital Core Reit, Sabana Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Oct 23): Mapletree Pan Asia Commercial Trust (MPACT) : It posted a rise...
Tea chain Chagee is sticking to high prices despite sales plunge
The Shanghai-based freshly-brewed tea chain has more than 200 international stores out of its network of 7,000 stores [SHANGHAI] Tea maker Chagee Holdings is holding firm to a strategy...
Gold fever: These charts show the rush for the precious metal in Singapore
Even with the recent pullback, prices are still up by 8 per cent over the past month[SINGAPORE] Globally, physically backed gold exchange-traded funds (ETFs) recorded their largest monthly inflow...
US sanctions Russian oil companies as Moscow holds nuclear drills
[MOSCOW] The United States hit Russia’s major oil companies with sanctions on Wednesday and accused the Russians of a lack of commitment toward ending the war in Ukraine, as Moscow conducted...
Tesla earnings miss despite record third-quarter sales surge
Investors have largely bought into Musk’s vision, driving the shares up 8.7% so far this year [AUSTIN] Tesla’s profit plunged more than expected as sharply rising costs undercut a...
IBM falls on lukewarm growth for Red Hat software business
[NEW YORK] International Business Machines (IBM) reported disappointing revenue in its closely watched Red Hat unit, sparking concerns among investors who see the software business as among the keys...
US: Wall Street ends lower on mixed earnings, revived US-China trade tensions
[NEW YORK] Wall Street closed lower on Wednesday as a wave of mixed earnings, including Netflix’s disappointing results, dampened risk sentiment as investors assessed reports that the Trump administration...
Kering beats third-quarter forecasts as smaller brands cushion Gucci decline
[PARIS] Kering’s overall group sales fell less than analysts expected in the third quarter thanks to the performance of its smaller brands and some encouraging signs at ailing flagship...
5 Ways You’re Reducing the Lifespan of Your Office Assets
Your office space is more than just four walls and a few desks; it is a significant financial investment. From ergonomic chairs and cutting-edge tech to flooring and fixtures,...
