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Investors anxiously await an earnings report from Xiaomi, following a rally that has driven its market value up US$120 billion in the past year on excitement over its push into electric…
China Medical System (CMS) posted a rise in first-half profit and interim dividend on Monday (Aug 18), its first set of results after its secondary listing on the Singapore Exchange. Net…
While the Melbourne-based company employs around 32,000 people, no firm number was put on the job cuts Australian biotech giant CSL said that it will spin off its Seqirus vaccine…
Goldman Sachs plans to expand its private wealth management team in Australia to capture a boom in self-made multi-millionaires and family wealth looking for global investments. “We are…
EUROPEAN shares were subdued on Monday, ahead of key meetings between Ukraine, European leaders and US President Donald Trump, following a Russia-US summit that ended without an immediate…
Street’s main indices were subdued at the open on Monday (Aug 18), in a quiet start to a week packed with corporate earnings reports from major retailers and the Federal…
Yangzijiang Financial will be the anchor investor in a S$100 million fund by ICH Asset Management (ICHAM), which is led by the Singapore-listed company’s former chief executive, Vincent…
Clearbridge Health has raised S$1.98 million in a placement backed by Singapore fund manager Azure Capital, among other investors, amid plans to acquire a biopharma company for US$330…
Across the broader market, losers beat gainers 269 to 268 as 1.1 billion securities worth S$1.5 billion change hands Singapore shares fell on Monday (Aug 18), following a meeting between…
China stocks closed at their highest level since 2015 on Monday (Aug 18), extending a months-long rally driven by easing trade tensions and abundant liquidity, while pushing market…
The criticism over the advert is the latest setback for the watchmaker whose shares have fallen by more than half since early 2023 and now faces a 39% tariff on its exports to the US …
The local banks have observed more customer interest in home loans on floating-rate packages, following a decline in the Singapore Overnight Rate Average (Sora) in the second quarter of…
JPMorgan Asset Management (JPMAM) announced on Monday (Aug 18) the registration of eight active exchange-traded funds (ETFs) in Singapore, comprising seven flagship research enhanced index…
China’s central bank indicated it’s holding back from aggressively easing monetary policy with moves such as interest-rate cuts, even though the economy just recorded its worst month so…
Klook, a travel booking services company, has hired investment banks to help arrange a potential initial public offering (IPO) in the US, according to two sources with knowledge of the…
The development is the seventh project to be launched in Upper Thomson’s District 26 Shares of GuocoLand rose by over 1.1 per cent in early trade on Monday (Aug 18) after its Upper Thomson…
N stocks were mostly higher on Monday while oil dipped ahead of talks between Donald Trump, Ukrainian President Volodymyr Zelensky, and European leaders in Washington. US…
Analysts are now focusing on the potential benefits of lower domestic rates, with currency sentiment further buoyed by government structural reforms that may support long-term growth …
Gold held steady on Monday (Aug 18) after hitting a one-week low, with attention turning to US President Donald Trump’s meeting with Ukrainian President Volodymyr Zelensky and European…
The manager of CapitaLand Ascendas Reit (Clar) announced on Monday (Aug 18) the proposed divestments of five Singapore properties. These divestments are being proposed at “healthy…
Japan’s Nikkei share average extended its gains from last week to end at a record high on Monday (Aug 18), as a weaker yen pushed automakers’ stocks higher. The Nikkei rose 0.77 per cent…
Chinese automaker Great Wall Motor (GWM) may have just opened its first factory in Brazil, but is already scoping out sites for a second plant as it ramps up its ambitions in South…
Zhejiang Leapmotor Technology, once a fringe player in China’s electric-vehicle (EV) industry, is beating all its startup rivals by sales and stock gains this year and analysts say there’s…
Current and former OpenAI employees plan to sell approximately US$6 billion worth of shares to an investor group that includes Thrive Capital, SoftBank Group and Dragoneer Investment…
