STI ends up 1.5%; banks, Yangzijiang Shipbuilding lead gains
SINGAPORE shares ended higher on Wednesday (Jan 8), led by gains in the local banks and Yangzijiang Shipbuilding. The Straits Times Index (STI) expanded 1.5 per cent or 58.81 points to…
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Oil heads for weekly gains on colder weather, Chinese policy support
OIL prices rose on Friday (Jan 3), closing the week higher on the back of cold weather in Europe and the US as well as additional economic stimulus flagged by China. Brent crude futures…
Chinese bonds post best returns in decade with more gains seen
CHINESE government bonds are primed for their best year in a decade, with local fund managers and strategists predicting more gains for 2025. They are set to reap a 9 per cent total return…
Bitcoin gains on MicroStrategy’s plans to issue more shares
BITCOIN rose on Thursday (Dec 26) after the digital asset’s stockpiler MicroStrategy announced a plan to issue more shares, a move that would allow it to buy even more tokens. The digital…
US: Stocks end flat as Nasdaq extends weekly gains, S&P 500 and Dow dip
US stocks closed out the trading week near the unchanged mark in a subdued session on Friday (Dec 13), with the S&P 500 and Dow posting weekly declines, while the Nasdaq secured its fourth…
STI rises 0.6% as banking shares make strong gains amid mixed Asia markets
SINGAPORE stocks were close to a record high on Thursday (Dec 5) morning, but eased by the close. The benchmark Straits Times Index (STI) rose 22.74 points or 0.6 per cent to 3,822.68.…
Singapore stocks close up 0.3%, tracking strong gains in Asia on positive China data
heightened tension to ultimately provide fuel for two multi-year trends benefiting Singapore: FDI and wealth inflows. SINGAPORE stocks closed higher on Monday (Dec 2), following gains in…
STI rises, tracking Asia gains as RHB upgrades Singapore banking stocks
SINGAPORE stocks traded higher on Monday (Nov 25) as they followed other markets in the region in making gains. As at noon, the Straits Times Index (STI) shed some earlier gains, climbing…
STI falls despite Asia gains and RHB upgrading Singapore banking stocks
SINGAPORE stocks closed lower on Monday (Nov 25), even as most regional markets ended in positive territory. The benchmark Straits Times Index (STI) shed some earlier gains, slipping 0.4…
EU Parliament head worried about possible populist gains in Germany
The president of the European Parliament, has expressed concern over a possible success of populists in the upcoming German parliamentary elections and what that would mean for Europe.…
Gold extends gains on Russia-Ukraine jitters
Gold prices inched higher on Thursday (Nov 21) for a fourth consecutive session, supported by safe-haven demand amid the intensifying Russia-Ukraine war, while investors looked for further…
EU Commission takes Germany to court over capital gains tax deferral
A flag of the Bundesliga club FC St. Pauli hangs on a balcony of an old apartment building in the St. Pauli district. The European Commission is taking Germany to the European Court of…
Gold extends gains on Fed rate cut, but heads for weekly fall
GOLD prices inched higher on Friday (Nov 8), extending gains spurred by the US Federal Reserve’s widely anticipated quarter-point rate cut amid a cooling labour market and solid economic…
Asean gains in the near term amid US-China tensions, but beware of escalations: MAS’ Chia Der Jiun
A key risk is a rapid increase in protectionist policies, which will negatively impact global growth and inflation tariffs, the managing director warns THE South-east Asia region has…
Gold extends gains over 1% as US PPI data solidifies rate cut hopes
GOLD rose over 1 per cent on Friday (Oct 11) after a US inflation data cemented prospects of a rate cut next month, restraining the dollar below recent highs, while safe-haven demand…
Singapore stocks buck regional gains on Thursday; STI down 0.3%
Jardine Matheson is the top gainer within the index, while Yangzijiang Shipbuilding falls the most SINGAPORE stocks ended lower on Thursday (Oct 10), despite gains elsewhere in the region.…
Ukraine shoots down Russian fighter plane, Moscow claims gains in east
Zelenskyy presented his plan to US President Joe Biden in Washington last week. | File Photo: Reuters 3 min read Last Updated : Oct 05 2024 | 7:00 PM IST Ukrainian forces said they shot…
Asia: Crude stable after Israel-Iran surge, Hong Kong stocks resume gains
OIL prices stabilised on Friday (Oct 4) after soaring on fears about the Middle East crisis as investors await Israel’s response to Iran’s missile attack, while shares in Hong Kong resumed…
US dollar holds gains as war widens in Middle East, rallies against yen
THE US dollar held on to its biggest gains in a week on Wednesday (Oct 2) after an Iranian missile attack on Israel drove the buying of safe haven assets as investors fretted about the…
State-level integration under GST shows modest gains in post-Covid period
Premium Illustration: Binay Sinha 5 min read Last Updated : Sep 27 2024 | 12:29 AM IST The issue of inter-state variations in revenue performance is often a matter of debate. The change in…
Far-right AfD eyes big gains in German elections
Voters in Germany's two eastern states are due to cast their ballots in elections in which the far right is expected to perform strongly. The Alternative for Germany (AfD) has been polling…
Sri Lanka Leftist Candidate Gains Ground With Anti-Corruption Push
(Bloomberg) -- A candidate with roots in Marxist socialist policy in Sri Lanka is gaining momentum in next month’s presidential election with a strong message to combat corruption and…
Gains in Russian territory shape Ukraine independence celebrations
Along with all Ukrainians celebrating their Independence Day, 19-year-old student Yuliia Vyshnivska had been warned of an increased threat of Russian strikes. But it had not stopped her…
Ukrainian civilians wounded in Russian drone and shelling attacks as Russia claims gains in the east
KYIV, Ukraine (AP) — Russian strikes wounded at least five people in Ukraine on Sunday, local officials said, as the two countries exchanged drone, missile and shelling attacks. Along the…