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Shares of OCBC jumped 3.8 per cent on Friday (Nov 7) morning after the release of its financial results for the third quarter ended September. At market open, the bank’s shares traded 3.5…
Shares of OCBC jumped by more than 4 per cent on Friday (Nov 7) morning after the release of its financial results for the third quarter ended September. At market open, the bank’s shares…
OCBC’s net profit was flat for its third quarter, supported by higher non-interest income and lower allowances, it said on Friday (Nov 7). Net profit for the three months ended Sep 30,…
Germany’s Commerzbank, fending off a possible takeover by Italy’s UniCredit, said on Thursday (Nov 6) that net profit fell 7.9 per cent in the third quarter, defying expectations for an…
Bullion hit a record high of US$4,381.21 on Oct 20, but it has fallen close to 10% since Gold dipped on Thursday (Nov 6) after stronger-than-expected private US payrolls data dented…
Saudi oil giant Aramco reported Tuesday a $26.9 billion profit in the third quarter, down slightly from last year as global energy prices remain depressed over concerns of too much oil…
It made an underlying replacement cost profit, or adjusted net income, of US$2.21 billion Oil major BP reported a smaller than expected fall in third-quarter underlying profit on Tuesday…
Indonesian bonds have room to rally further, according to strategists, on expectations of further interest-rate cuts by the central bank. Nomura Holdings says the benchmark 10-year yield…
UBS Group profit beat expectations in the third quarter as investment banking revenue and lower-than-forecast legal costs boosted performance. The Zurich-based bank said net income was…
ASML Holding posted stronger-than-expected orders in the third quarter and said sales next year would be at least on par with 2025, as artificial intelligence fuelled demand for its…
Unlike directors of listed companies, NPO directors operate in an environment where the Code of Corporate Governance, Companies Act and SGX Listing Rules do not apply IN RECENT years,…
While slower divestments and liquidity issues present challenges in private equity markets, they are also creating opportunities in secondary markets and co-investments. Geok Wen Ting,…
Oil prices settled lower on Tuesday as investors braced for a supply surplus due to potential Opec+ plans for a larger output hike next month and the resumption of oil exports from Iraq’s…
Despite a verdict from the Indonesian Supreme Court requiring Wilmar International to pay five billion rupiah (S$387,047) worth of fines and a compensation of 11.9 trillion rupiah on…
Wall Street’s main indexes opened higher on Tuesday (Sep 16) as investors priced in expected interest rate cuts from the Federal Reserve on Wednesday, while digesting…
Wall Street’s main indexes opened higher on Monday (Sep 8), rebounding from the previous session’s decline, amid hopes that the Federal Reserve could lower borrowing costs soon in response…
Local stocks ended flat on Monday (Sep 8) while Asian markets rallied amid expectations that the US will cut rates in September, given a weak jobs report. The benchmark Straits Times Index…
Gold prices held firm near an all-time high on Monday (Sep 8), inching closer to a key US$3,600 level, bolstered by mounting expectations of a US Federal Reserve rate cut this month…
Disappointing employment data released on Friday (Sep 5) validated fears that the US labour market may be on the brink of a downturn and lifted expectations for how much the US Federal…
Stocks on the Singapore Exchange (SGX) rebounded on Thursday (Sep 4), tracking a mixed performance in Asian markets amid weak US jobs data and growing rate-cut expectations. The Straits…
Gold held steady on Thursday (Sep 4), hovering near all-time high hit in the previous session, buoyed by global uncertainties and increased expectations for a US interest rate cut, while…
Macy’s is coming up for air, topping earnings estimates and delivering the best comparable sales jump in 12 consecutive quarters. With $4.8 billion in net sales, the retail company…
Macy’s Inc. beat its own expectations for top and bottom line second-quarter results, lifted by investments in top Macy’s doors and solid performances at Bloomingdale’s and Bluemercury.…
"When my wife and I first got together, it seemed that every time we moved, I was on her hair. After a while, I learned how to work it, but nothing killed the mood like, 'Mmhhmm,…
