DBS, OCBC, UOB target prices climb as banks hit record highs
Analysts are ratcheting up target prices for local lenders as their shares and the benchmark Straits Times Index (STI) scaled new peaks. OCBC’s mean target price saw the sharpest revision…
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STI breaches 4,900; DBS, OCBC, UOL, Jardine Matheson end at record highs
Singapore shares breached the 4,900 mark on Tuesday (Jan 27), with the record-breaking momentum buoyed by overnight gains on Wall Street, a flight to safe-haven assets and optimism about…
Gold, silver rise to near record highs on lingering safe-haven demand
The white metal has already surged 55% so far this year. Gold rose on Tuesday (Jan 27), after breaking through the US$5,100 mark for the first time in the previous session, as…
UOB, OCBC hit record highs; STI reaches all-time peak
Shares of UOB and OCBC hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-time peak. UOB surged 5 per cent to a peak of S$39.50 at close, while OCBC…
Gold, silver hit fresh highs as Trump’s Greenland tariffs rattle European markets
Gold and silver scaled new all-time highs on Monday (Jan 19), as investors continued to pour money into safe-haven assets following the Trump administration’s latest tariff salvo – this…
Gold, silver jump to record highs on Trump tariff threats over Greenland
Spot silver advanced 4.4% to US$93.85 per ounce, after hitting a record high of US$94.08 Gold and silver prices surged to record highs on Monday (Jan 19), as investors flocked to…
S&P 500, Dow open near record highs after mixed earnings, inflation data
The S&P 500 and the Dow opened near record highs on Tuesday (Jan 13) after a largely in-line inflation report sustained expectations of rate cuts this year, while investors weighed mixed…
Flight to quality, dividends lift DBS and OCBC to all-time highs, but analysts warn valuations look expensive
Among Singapore banks, UOB lags peers as investors await greater earnings clarity Attractive dividend yields have pushed DBS and OCBC to fresh all-time highs, and will likely continue to…
US: Wall Street ends close to all-time highs in light, post-holiday session
Wall Street ended a light-volume post-Christmas session nearly unchanged on Friday (Dec 26), with few catalysts to fuel much conviction one way or the other. All three major US stock…
Stocks hover at record highs after Christmas as gold and silver prices rise
Stocks moved slightly lower in midday Friday trading as investors returned from the Christmas holiday. Trading is expected to be light. The S&P 500 index was down 0.1% as of 12:15 p.m. ET,…
Gold, silver hit record highs on geopolitical tensions, Fed rate-cut bets
Bullion has staged a stellar rally in 2025, climbing 72% so far and shattering multiple record highs Gold and silver climbed to record highs on Friday (Dec 26), driven by safe-haven demand…
Gold, silver hit record highs on Fed rate-cut bets
Gold and silver hit record highs on Monday (Dec 22) as softer US labour data and a tame inflation reading fuelled bets the Federal Reserve will cut interest rates in January. Spot gold…
Gold steady ahead of key US inflation data; silver near record highs
GOLD prices were steady on Thursday, supported by dovish Federal Reserve signals but restrained by a resilient dollar ahead of key US inflation data this week, while silver hovered near…
LISTEN: Inside Variety’s 120th Anniversary Issue: How We Tackled 12 Decades of Hollywood’s Highs and Lows
On today’s “Daily Variety” podcast, we dive into the creation of Variety’s 120th anniversary issue with deputy editor Trish Deitch and design director Ted Keller. The two discuss how we…
Oil hovers near two-week highs on expected US interest rate cut, geopolitical risk
Oil prices hovered at two-week highs on Monday (Dec 8) as investors expect a likely US Federal Reserve interest rate cut this week to lift economic growth and energy demand, while…
Japan’s megabanks lift profit forecasts to record highs, step up buybacks
The banks’ strong Q2 earnings demonstrate their success in weathering uncertain global economic conditions Japan’s largest banks raised their annual profit forecasts and expanded share…
Europe: Shares pause at highs after earnings
EUROPE’S Stoxx 600 was muted on Wednesday as investors awaited the US Federal Reserve’s rate decision later in the day, while parsing through a raft of corporate earnings. The…
US: Wall St opens at record highs, spotlight on corporate earnings
Wall Street’s main indexes opened at record highs on Tuesday (Oct 28) after upbeat forecasts from companies such as UnitedHealth and UPS, while Apple topped US$4 trillion in market value…
Europe: Shares close at record highs as signs of thaw in US-China tensions build
Investors are focused on central bank policy meetings this week for clues on their interest rate trajectory European shares closed at record highs for the third consecutive session as…
US: Wall Street opens at record highs on US-China trade hopes
WALL Street’s main indexes opened at record highs on Monday (Oct 27), as expectations of a US-China trade truce fuelled risk-taking in a week packed with Big Tech earnings and a likely…
US: Stocks end at record highs after inflation data; Dow up 1%
Wall Street stocks surged to fresh records on Friday (Oct 24) after benign US inflation data set the stage for another US Federal Reserve interest rate cut. All three major US indices…
Cat A COE eases to S$122,000, ending streak of record highs
Certificate of Entitlement (COE) premiums for mainstream cars fell 4.8 per cent or S$6,105 to S$122,000 in October’s second bidding exercise, marking the first decline in Category A after…
US: Stocks pulled lower by financials; gold hits record highs
Wall Street stocks ended lower while gold prices surged on Thursday as declining financial shares and simmering trade tensions between the United States and China dampened investor…
Europe: French stocks revive after turmoil; Stoxx at record highs
European shares climbed to record highs on Wednesday (Oct 8), powered by strong gains in French and Spanish stocks, and steelmakers rallied after the EU unveiled plans to slash steel…