Laopu Gold, CMOC shares jump on addition to Hang Seng index
The reshuffle is closely watched as a sign of which listed companies have excelled across key metric Shares of Chinese jeweller Laopu Gold and miner CMOC Group rallied in Hong…
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Wall Street rebounds after week-long tech rout, Amazon down on AI capex jump
Wall Street’s main indexes opened higher on Friday (Feb 6) following a bruising sell-off in technology shares through the week, though optimism was tempered by Amazon’s drop after…
Nio’s January deliveries jump over 96%; cumulative deliveries top 1 million
Chinese electric vehicle (EV) maker Nio delivered 27,182 vehicles in January, marking a 96.1 per cent increase year on year, said the company in a regulatory filing on Sunday (Feb 1). This…
Adidas plans 1-billion-euro share buyback after profits jump
Adidas reported stronger-than-expected fourth-quarter profits and announced a fresh share buyback, as it looks to maintain its momentum with retro sneakers – alongside new running…
Hong Kong banks to see wealth ‘windfall’ as fees jump: report
Risk appetite also remains “firm” thanks to expectations of further interest rate cuts by the Federal Reserve through the year Hong Kong banks, led by HSBC Holdings and Bank of…
Vietnam's Durian Exports to China Jump US$500M as Country Gains Ground on Regional Rivals
Vietnam's durian exports to China surged by about US$500 million last year, underscoring the country's growing competitiveness in the lucrative Chinese market after resolving earlier…
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…
Global EV sales growth likely to slow after 20% jump in rocky 2025: research firm
GLOBAL EV registrations grew 20 per cent last year but are likely to lose pace in 2026, data showed on Wednesday, as a slowdown in China and a relaxation of electrification targets…
Uniqlo owner Fast Retailing reports jump in quarterly profit, raises annual forecast
It benefits from strong sales at home, and expansions in Europe and North America The Japanese operator of the Uniqlo clothing brand, Fast Retailing, on Thursday (Jan 8) said its…
Novo Nordisk shares jump almost 8% after US approves Wegovy pill
The approval gives the drugmaker a first-mover advantage in the race for a potent oral weight-loss medicine [COPENHAGEN/LONDON] Novo Nordisk shares jumped nearly 8 per cent on Tuesday (Dec…
Vietnam's Street Vendors Embrace Cashless Payments as QR Transactions Jump 85%
A quiet transformation is under way in Vietnam's markets, where the familiar clink of coins is increasingly being replaced by the beep of a smartphone. In Hanoi's Tuong Mai ward, vegetable…
Hongkong Land shares jump 5.5% on news of S$8 billion real estate fund
Shares of Hong Kong Land soared as much as 5.5 per cent after the company announced plans to inject its interests in One Raffles Quay, MBFC Towers 1 and 2 into a new real estate fund. The…
Bank of America CEO expects markets revenue to jump in fourth quarter
Bank of America CEO Brian Moynihan said on Wednesday he expects revenue from the bank’s markets business to rise between a high single-digit percentage and 10 per cent in the fourth…
China's rare earth exports jump in November after Xi-Trump meeting
Exports in November jumped for a second consecutive month, by 26.5% from October to 5,493.9 metric tons China’s rare earth exports jumped in November, the first full month since President…
Victoria’s Secret Sales Jump 9% as CEO Hillary Super’s Plan Comes Together
Victoria’s Secret’s top line grew almost twice as fast as Wall Street expected for the third quarter, giving the company’s turnaround a boost. Sales increased 9 percent to $1.5 billion for…
German factory orders jump on 87% surge in big transport items
Demand increased 1.5% from the previous month, which was revised significantly higher to show a 2% gain German factory orders surged in October, supporting the prospect that Europe’s…
California hammered as national job cuts jump to a five-year high
Job cuts across the country are the highest they have been in five years, led by layoffs in California and cutbacks in Washington. California employers announced 173,022 job cuts from…
Europe’s Stoxx 600 ends steady after multiple-session rally; Puma, Allfunds jump on takeover buzz
EUROPEAN shares ended largely steady on Thursday after three consecutive sessions of gains, driven by rising hopes of a US interest rate cut next month, while Puma jumped on takeover…
MetaOptics finishes lower after a jump on proposed Nasdaq listing; up almost 300% since IPO
Shares of semiconductor optics company MetaOptics rose as much as 5.5 per cent in early trading after the market opened on Thursday (Nov 27). The counter was at S$0.77 around 9.07 am,…
US stocks jump on Fed rate cut bets but lose ground on the week
Wall Street stocks closed sharply higher on Friday (Nov 21) as rising expectations of a December interest rate cut by the Federal Reserve offset concerns over lofty tech valuations. A…
Xiaomi reports 81% jump in third-quarter profit on strong EV sales
Adjusted net profit reaches 11.3 billion yuan (S$2.1 billion), exceeding the average estimate of 10.3 billion yuan China’s Xiaomi reported a 80.9 per cent jump in third-quarter profit on…
Tencent posts 15% revenue jump, sustaining growth without splashy AI bets
China’s most valuable company reports sales of 192.9 billion yuan for the three months ended September [SHENZHEN, China] Tencent Holdings posted a faster-than-anticipated 15 per cent rise…
ST Engineering shares jump as much as 4.1% on revenue increase, special dividend
Shares of ST Engineering jumped as much as 4.1 per cent on Thursday (Nov 13) after an increase in its nine-month revenue. The counter climbed S$0.34 to S$8.63 as at 9.17 am, after it…
AvePoint Q3 earnings jump four times to US$13 million; shares fall on EPS miss
Cybersecurity company AvePoint has posted a 396.8 per cent increase in net profit to US$13 million for its third quarter ended Sep 30, from US$2.6 million in the corresponding period the…