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US stocks tumbled on Friday (Feb 21), extending their sell-off in the wake of dour economic reports and closing the book on a holiday-shortened week fraught with new tariff threats and…
A post has gone viral on social media that appears to claim that Joy Behar, the cohost of the ABC daytime talk show "The View," was arrested by Transportation Security Administration…
Leicester City are fighting to escape the relegation zone as they prepare to host Brentford at the King Power Stadium on Friday, hoping to climb out of the bottom three. The Foxes find…
A newly discovered coronavirus in China has raised fresh concerns over its power to spread among humans and killing them like it did five years ago. In a situation reminiscent of the early…
Benjamin Netanyahu has vowed to make Hamas "pay the full price" after the group failed to return Shiri Bibas' body, calling it a "cruel and evil" breach of the Gaza ceasefire agreement.…
WALL Street’s main indexes opened mixed on Friday (Feb 21), a day after Walmart’s dour forecast hit sentiment, while UnitedHealth slid after a report that the US Justice Department is…
HONG Leong Finance posted a 10 per cent rise in net profit to S$51.5 million for the six months ended December 2024. This was driven by an expanded net interest margin, at 1.6 per cent, on…
THE move towards a more disclosure-based regulatory system for Singapore’s equity market does not mean that protection for investors will be relaxed, said Chee Hong Tat, the Second…
GLOVEMAKER Riverstone posted a 3.7 per cent rise in net profit to RM70 million (S$21.2 million) for the three months ended December 2024, as it rode optimism in the semiconductor industry.…
CATERING and ground handling company Sats posted a 123.5 per cent increase in net profit to S$70.4 million for the quarter ended Dec 31, 2024, from S$31.5 million a year earlier. This came…
TIGER Balm maker Haw Par Corp’s profit fell 5.5 per cent to S$106.3 million for the six months ended Dec 31, 2024, on the back of higher costs. Nevertheless, it has proposed a special…
VEHICLE Inspection company Vicom posted 11 per cent higher net profit of S$15.2 million for the half-year ended Dec 31, 2024, from S$13.7 million in the year before. This comes as revenue…
CHINESE automaker SAIC Motor said on Friday (Feb 21) it would partner with tech company Huawei to develop new “globally competitive” smart electric vehicles. The tie-up sees yet another…
SINGAPORE digital bank Trust Bank has hit the one-million-customer milestone, making up about 20 per cent of the adult population in the city-state. It crossed the milestone in February,…
She will also be appointed as a member of the JTC board in an ex officio capacity THE Ministry of Trade and Industry (MTI) announced on Friday (Feb 21) that JTC Corporation is appointing a…
The surge in total remuneration comes mainly from a nearly 78% increase in the long-term incentive award STANDARD Chartered chief executive officer Bill Winters’ total salary for 2024 came…
ABRDN is in advanced talks with Citic Bank to launch an asset management joint venture in China, two sources with knowledge of the matter said, as the British firm looks to bolster its…
BERJAYA Food’s hundreds of Starbucks’ subsidiary outlets across Malaysia contributed to the company’s fifth straight quarterly loss after boycotts of US fast food brands over America’s…
STANDARD Chartered said it would hand back US$1.5 billion more to shareholders as it reported fourth-quarter earnings that beat estimates, boosted by a strong performance in its trading…
BLACKROCK has restarted its investment stewardship meetings with companies after a short pause used to assess new US Securities and Exchange Commission (SEC) guidelines about the influence…
SHARES of oil exploration and production company Rex International fell on Friday (Feb 21) morning on heavy trading after the company said it was expecting to post a net loss in its…
The PBOC has been tolerating a surge in repo rates and kept liquidity conditions tight, aiming to support the yuan amid economic headwinds CHINA’S central bank increased injection of…
BILLIONAIRE investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Alibaba Group to roughly US$1 billion in recent months, The Wall Street Journal (WSJ) reported…
SINGAPORE stocks opened nearly flat on Friday (Feb 21) morning as global markets recorded declines overnight. As at 9.03 am, the Straits Times Index (STI) was down 0.02 per cent or 0.68…
