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Singapore-listed palm oil firms with Indonesian exposure are treading cautiously as Jakarta pushes ahead with a sweeping land seizure. The authorities have confiscated more than 2 million…
Cathay Pacific Airways on Wednesday (Aug 6) warned of declining airfares, challenges at its budget carrier and uncertain cargo market conditions, sending its shares down more than 10 per…
AUSTRALIAN shares rose to a record peak on Wednesday, supported by strong performances among miners and banks, while investors almost fully priced in the likelihood of an interest rate cut…
Logistics occupiers across Asia-Pacific are looking beyond short-term market volatility and planning long-term investments, a CBRE survey on Monday (Aug 4) indicated. The 2025 Asia-Pacific…
Amazon.com forecast third-quarter sales above market estimates on Thursday but failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily…
Boot Barn is starting a new fiscal year on a high note. In the first quarter of fiscal 2026, the Irvine, Calif-based footwear company saw net sales increase 19.1 percent to $504.1 million…
British aero-engineer Rolls-Royce raised its full-year outlook for both operating profit and free cash flow on Thursday (Jul 31) after it navigated supply chain challenges and tariffs to…
Porsche cut its outlook for the third time this year, with US President Donald Trump’s 15 per cent tariffs on European autos piling further pressure on the maker of 911 sports…
The Hang Seng Tech Index, which tracks the 30 largest technology companies listed in Hong Kong with high business exposure to technology themes, has staged a significant breakout above the…
Volkswagen lowered its financial outlook for the year, with the escalating cost of President Donald Trump’s tariffs weighing on earnings at the Audi and Porsche brands. The automaker now…
Statutory profit before tax for the first six months of the year was £3.5 billion Lloyds Banking Group reported its profit for the first half of the year rose 5 per cent, beating…
Bank Indonesia’s (BI) dovish stance and easing concerns over the nation’s fiscal policy are fuelling expectation that government bonds will extend their rally into the second half of the…
Oil prices rose over 2 per cent on Friday (Jul 11) as the International Energy Agency (IEA) said the market was tighter than it appears, while US tariffs and possible further sanctions on…
Shares of Delta Air Lines rocketed higher on Thursday after the carrier reported better-than-expected profits and reinstated its full-year forecast based on a reassuring travel…
Oil prices fell more than 2 per cent on Thursday, as investors weighed the potential impact of US President Donald Trump’s tariffs on global economic growth. Brent crude futures settled at…
Wall Street opened muted on Thursday (Jul 10), taking a breather after Nvidia’s US$4 trillion sprint, while airline stocks jumped following Delta’s upbeat forecast. At 09.31 am,…
DBS on Thursday (Jul 10) downgraded Genting Singapore to a “hold” rating and lowered its target price for the stock from S$0.90 to S$0.80, 8.1 per cent or S$0.06 above its Wednesday…
Australia’s central bank is set to deliver its first back-to-back interest rates cuts in six years, stepping up its easing cycle as inflation pressures cool and US trade policies threaten…
Expectations are growing for Malaysia’s central bank to cut interest rates at its policy meeting on Jul 9, which is also the deadline for countries to reach trade deals with the US to…
Earnings from thermal coal will also decline, while its steelmaking counterpart will hold steady Australia cut its forecast earnings from commodity exports, as a meteoric rise in…
EUROPEAN stocks seesawed throughout Thursday before closing largely flat, as investors weighed the latest signals on the US interest rate trajectory. The pan-European Stoxx 600 index…
Seven Singapore-listed real estate investment trusts (S-Reits) with local retail assets have recorded improvements in revenue and net property income (NPI), supported by improved operating…
The city’s de-facto central bank has made the comments in response to the US Federal Reserve’s overnight decision to keep rates unchanged The Hong Kong Monetary Authority (HKMA)…
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…
