China’s commodities imports rise as seasonal demand revives
China’s commodities imports broadly rose in August as buyers geared up for the increase in industrial activity that usually accompanies the end of summer. Crude oil, iron ore, copper and…
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Asia: Shares rise as Japan politics weigh on yen
Asian markets rose on Monday (Sep 8), with Tokyo up nearly two per cent after Japanese Prime Minister Shigeru Ishiba’s decision to resign pushed down the value of the yen. Investors were…
Oil prices rise as Opec+ agrees to raise output at slower pace from October
The Organisation has been increasing production since April after years of cuts to support the oil market Oil prices rose on Monday (Sep 8) in early trade, paring last week’s losses, after…
Jobless claims rise and private employers slow down hiring in August
The number of Americans filing new applications for unemployment benefits increased more than expected last week, while hiring by private employers slowed in August, offering further…
Pertamina seeks US$2.5 billion loan as Indonesia dollar deals rise
The nation’s markets are just recovering after the social unrest, which has subsided, sparked a sell-off in stocks and bonds Indonesia’s state-owned oil giant Pertamina is seeking…
Europe: Stoxx 600 ends near one-month low as bond yields rise on fiscal woes
EUROPEAN shares finished near one-month low on Tuesday after a broad-based selloff, driven by a rise in bond yields as investors grew increasingly concerned over fiscal pressures in…
The rise of the young conservatives: Gen Z turns away from the left
After decades of the Democratic Party counting on the youth vote in elections, a shift is underway. Polls show a growing wave of young people embracing conservative views, breaking from…
RHB expects S-Reit demand to rise, Singapore Government Securities yield to moderate further
Singapore Reit (S-Reit) demand is expected to rise, said RHB Bank analyst Shekhar Jaiswal on Friday (Aug 29). A benign inflation backdrop, falling Singapore Overnight Rate Average (Sora)…
Singapore stocks rise as T-bill yield hits 40-month low; STI up 0.2%
Across the broader market, losers beat gainers 281 to 232, after 1.2 billion securities worth S$1.2 billion change hands The local bourse climbed higher on Thursday (Aug 28) after the…
From the Archive: The Rise of 1980s Italian Luxury Rtw Designers
“The Italians have a way of making everything easy,” WWD wrote in 1980, marking the rise of Italian luxury ready-to-wear and Milan’s emergence as its design center, taking over from Rome.…
Asia: Markets rise on US rate cut hopes
Asian markets kicked off the week with a rally on Monday (Aug 25) morning, tracking gains made by Wall Street on Friday after the US central bank chief suggested coming interest rate cuts.…
Oil prices rise, make weekly gains as Ukraine peace process stalls
Oil prices steadied on Friday (Aug 22) amid uncertainty surrounding a potential peace deal between Russia and Ukraine, with prices gaining on the week for the first time in three weeks.…
Singapore shares rise as market eagerly awaits signals of interest rate cuts; STI up 0.3%
Singapore shares rose on Thursday (Aug 21), as the market awaits for hints from US Federal Reserve chairman Jerome Powell about the future of interest rates. The benchmark Straits Times…
PlayStation prices rise as US tariffs bite
SONY on Wednesday said it is bumping up the price of PlayStation 5 video game consoles by US$50 in the United States due to a “challenging economic environment.” Tariffs imposed by…
Pop Mart shares rise to record as CEO announces new mini Labubu
Shares of Chinese pop toy maker Pop Mart International Group rose to a record on Wednesday (Aug 20), after founder and chief executive officer Wang Ning said that the company could easily…
GuocoLand bucks overall market slide on Springleaf sales as shares rise 1.1%
The development is the seventh project to be launched in Upper Thomson’s District 26 Shares of GuocoLand rose by over 1.1 per cent in early trade on Monday (Aug 18) after its Upper Thomson…
Japan’s Nikkei ends at record high as automakers rise on weaker yen
Japan’s Nikkei share average extended its gains from last week to end at a record high on Monday (Aug 18), as a weaker yen pushed automakers’ stocks higher. The Nikkei rose 0.77 per cent…
National Australia Bank third-quarter cash earnings rise marginally
ONAL Australia Bank reported a slight increase in its cash earnings for the third-quarter on Monday, helped by improved margins and growth in business and home lending. The…
Retail sales rise in July as shoppers rush to spend ahead of tariffs
Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, even as President Donald Trump‘s tariffs start to take a toll on jobs and lead to some price…
ANZ reports third-quarter rise in deposits, loans
RALIA’S ANZ Group said on Friday its customer deposits and net loans and advances rose in the third quarter, while credit risk-weighted assets edged higher due to growth in…
Frencken posts 9.9% rise in H1 profit to S$19.9 million
Semiconductor player Frencken on Thursday (Aug 14) reported a 9.9 per cent increase in profit to S$19.9 million for the first six months ended Jun 30, from S$18.1 million in the year…
CK Hutchison’s ports deal in focus as conglomerate reports 11% rise in H1 underlying profit
CK Hutchison posted a 11 per cent rise in first-half underlying profit on Thursday (Aug 14), as investors look for comments on the status of the Hong Kong conglomerate’s US$22.8 billion…
Gold extends rise as Fed rate-cut bets pressure dollar
Gold rose for a third straight session on Thursday (Aug 14), helped by a weaker US dollar and lower Treasury yields as traders raised bets for a US interest rate cut in September. Spot…
Westpac profit holds steady on rise in margins and higher lending
AUSTRALIA’S Westpac Banking Corp posted a steady third-quarter profit on Thursday, buoyed by wider margins, on the back of fewer liquid assets and small gains in lending and deposits. The…