Stock market climbs as shutdown fears loom
U.S. stocks are coasting toward the finish of Wall Street’s latest winning month on Tuesday. The S&P 500 fell 0.2% in afternoon trading but remains on track for a fifth straight winning…
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U.S. stocks are coasting toward the finish of Wall Street’s latest winning month on Tuesday. The S&P 500 fell 0.2% in afternoon trading but remains on track for a fifth straight winning…
The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal consumption expenditures (PCE)…
Wall Street indexes opened slightly higher on Monday (Sep 15), setting the stage for a week dominated by the Federal Reserve’s policy meeting, while Tesla shares gained following CEO Elon…
The rise in earnings comes amid a boost in fee and commission income, as well as forex income Standard Chartered (StanChart) Singapore’s net profit climbed 12.4 per cent year on year to…
When a federal judge deemed Google a “monopolist” last year, questions lingered about how he would help restore competition in online search. On Tuesday, U.S. District Court Judge Amit…
China’s 2025 summer box office season generated RMB11.97 billion ($1.67 billion), up 2.7% from last year, with admissions reaching 321 million — the second-highest in five years, according…
Gold prices rose to a more than four-month high on Monday (Sep 1), as increased expectations of a US Federal Reserve interest rate cut this month lifted bullion’s allure. Spot gold was up…
If the gauge sustains above that level, it could have a negative impact on the economy Liquidity conditions in Hong Kong resumed tightening this week with a key money-market rate…
After posting record half-year sales figures on Wednesday (Aug 27), Lego said it would sustain its momentum by doubling down on the market in Asia. The Danish toymaker announced 34.6…
Shanghai Animation Film’s animated adventure “Nobody” rose to the top of the China box office in its second weekend, grossing RMB237.1 million ($32.9 million) between Aug. 15–17, according…
Like most manufacturers, the German manufacturer is also contending with higher tariffs Siemens’s revenue and orders rose in its fiscal third quarter after robust demand for the…
European aerospace group Airbus posted an 85-per cent rise in first-half profit Wednesday to US$1.7 billion, even though it delivered fewer commercial planes compared with the same period…
“The Fantastic Four: First Steps” was greeted with a hero’s welcome at the box office as Marvel’s newest superhero adventure touched down with $100 million overseas and $218 million…
The counter is up 91.2% year to date from its S$4.66 closing price on Dec 31, 2024 Shares of ST Engineering soared on Thursday (Jul 24) after the group announced that it had bagged S$4.7…
For 2025, investors remain wary about the impact of tariffs on the global economy and the electronics sector Taiwan Semiconductor Manufacturing Company’s (TSMC) revenue rose a…
A recent shift in sentiment across financial markets has offered some relief to investors who have been grappling with inflation concerns. Gold prices climbed on Wednesday after…
Crude rose more than US$1 a barrel on Friday, posting its first weekly gain in three weeks after a favourable US jobs report and resumed trade talks between the US and China, raising hopes…
“Lilo & Stitch” is successfully causing box office mayhem. Disney’s latest live-action remake ignited to $341 million globally, including a mighty $157.8 million from international…
Tech giant Meta on Wednesday (Apr 30) reported quarterly profits that were well above expectations, brushing aside market worries that its heavy investments in cloud computing and…
OIL prices rose more than 2 per cent on Thursday (Feb 27) as supply concerns resurfaced after US President Donald Trump revoked a licence granted to US oil major Chevron to operate in…
THE euro slumped to a two-year low while the dollar gained on Friday (Nov 22) after gauges of business activity were released in each region, while bitcoin again hit a record high as it…
BITCOIN closed in on the historic US$100,000 level, fuelled by optimism that President-elect Donald Trump’s support for crypto heralds a boom as the US pivots to friendly regulations in…
TENCENT Holdings’ revenue rose 8 per cent after the summer release of Dungeon & Fighter Mobile helped China’s most valuable company resist a severe economic downturn. Sales for the three…
JPMORGAN Chase’s third-quarter profit dropped as it set aside more money to cover potential loan defaults, while rising interest payments and investment banking revenue lifted its shares…