Asia: Markets extend gains on US trade deal hopes
Asian markets extended the week’s gains on Thursday on optimism other countries will follow up Japan’s US trade deal with ones of their own, with speculation building that the European…
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OUE Reit H1 DPU gains 5.4% to S$0.0098 on capital management, resilient Singapore portfolio
OUE real estate investment trust (OUE Reit) reported a distribution per unit of S$0.0098 for the first half ended Jun 30, 2025, up 5.4 per cent from S$0.0096 in the corresponding year-ago…
Rupiah to consolidate before further gains, Citi strategist says
The Indonesian rupiah’s recent gains are set to pause in the coming month before advancing to levels last seen in December, according to the currency’s top forecaster. Emerging-market…
Asia: Hong Kong leads stocks higher, yen gains as Ishiba vows to stay
Equities mostly rose on Monday on optimism countries will reach US trade deals before an August 1 deadline, while the yen gained after Japanese Prime Minister Shigeru Ishiba said he would…
US dollar slips against euro but maintains weekly gains
The US dollar slipped against the euro on Friday (Jul 18) but held on to weekly gains, as investors weighed expected Federal Reserve policy amid signs that tariffs may be starting to…
US banking giants reap gains from dealmaking rebound
Large US banks expressed optimism about the investment banking outlook for the rest of the year after dealmaking rebounded in the second quarter, as they reported in earnings on Tuesday…
US dollar gains on yen after consumer price data
The US dollar gained against the Japanese yen and was little changed against the euro on Tuesday (Jul 15) in choppy trading, after data showed US consumer price inflation was close to…
Singapore shares rise, tracking regional gains; STI up 0.3%
Straits Times Index rise 10.61 points to 4,119.82, after hitting an intra-day high of 4,129.77 The benchmark Straits Times Index (STI) continued its record-breaking streak for a second day…
STI’s gains reflect ‘concrete steps’ by Temasek companies to address business fundamentals
Every year, as I plough through the Temasek Review, I make a note of the more exotic and far flung companies in its portfolio, and try to educate myself about their businesses and…
Oil edges down on easing Middle East risks but gains for a second month
Oil prices edged down on Monday as investors weighed easing Middle East risks and a possible Opec+ output increase in August. Both Brent and US crude oil benchmarks posted their biggest…
US: S&P 500, Nasdaq end at records, adding to big quarterly gains
Wall Street stocks rose again on Monday amid optimism over trade negotiations and US tax cut legislation to conclude the final session of the second quarter at fresh records. The S&P 500…
Singapore stocks track overnight Wall Street gains on Friday; STI up 0.7%
Local stocks tracked overnight Wall Street gains to end higher on Friday (Jun 27). The benchmark Straits Times Index (STI) rose 0.7 per cent or 27.74 points to 3,966.2. Across the broader…
AEM, UMS, Frencken lead semiconductor stock surge; robust weekly gains ride on domestic, global tailwinds
Semiconductor listcos were trading higher on Friday (Jun 27), notching double-digit gains over the week as a slew of domestic and global developments spelt potential tailwinds for the chip…
Oil inches up on US demand strength; fading Middle East supply risks offset gains
Oil prices edged higher on Thursday as crude inventories in the United States fell on higher demand as summer driving season ramped up, while concerns over Middle East supply risks eased,…
Singapore shares rise, tracking regional gains; STI up 0.6%
Singapore Exchange is the top blue-chip gainer while Yangzijiang Shipbuilding finishes at the bottom Shares on the Singapore bourse closed higher on Wednesday (Jun 25), in line with gains…
Singapore, Asia-Pacific markets pare losses after US strikes on Iran; oil prices give back some gains
Asia-Pacific markets recovered some losses while oil prices gave back some gains by Monday (Jun 23) afternoon,following declines in the morning after the US launched strikes against three…
US dollar gains in early trading as world awaits Iran’s response
The US dollar strengthened in early trading as investors sought havens in a move to shield against mounting geopolitical risks following the US strikes on Iran. The US currency was quoted…
Gold rises on Middle East tensions, but Fed’s cautious outlook caps gains
Gold prices edged higher on Thursday (Jun 19), supported by safe-haven demand amid uncertainty in the Middle East, although gains were capped as traders assessed the US Federal Reserve’s…
Haidilao operator Super Hi swings to US$11.9 million Q1 profit on forex gains, delivery growth
Super Hi International, the operator of Haidilao’s international business, posted a net profit of US$11.9 million for the first quarter ended Mar 31, reversing a net loss of US$4.5 million…
Asia: Markets extend gains as China-US talks head into second day
Asian stocks squeezed out more gains on Tuesday as the latest round of China-US trade talks moved into a second day, with one of Donald Trump’s top advisers saying he expected “a big,…
Oil prices hold gains ahead of US-China trade talks
Inflation data from China on Monday morning will give a reading of domestic demand in the world’s largest crude importer Oil prices held on to last week’s gains early on Monday…
Singapore stocks close Wednesday higher amid regional gains; STI up 0.2%
Speculations over a Trump-Xi call to ease trade tensions sometime this week add to the upbeat mood Local stocks ended higher on Wednesday (Jun 4), mirroring regional gains after resilient…
Economist says stock market gains are sign Trade Court ruling will be overturned
The stock markets' modest gains on Thursday are a sign that investors are confident that a federal court decision blocking some of President Trump's tariffs from going into effect will be…
Car sales in Europe dip slightly in April, Tesla’s 49% drop tempers EV gains
TESLA’S sales in Europe fell 49 per cent in April from a year earlier, even as battery-electric sales rose by 27.8 per cent, as the US EV maker’s upgrade of its Model Y shows little sign…