Australia shares hit record high again on boost from banks
Australian shares hit a record high on Thursday (Nov 28), helped by a sustained rally in the heavyweight banking stocks, despite concerns over valuation and the impact of high interest…
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Singapore shares rise at Wednesday’s open; STI up 0.3%
SINGAPORE stocks began trading higher on Wednesday (Nov 27), despite US president-elect Donald Trump’s tariff threat on major trading partners. As at 9.01 am, the Straits Times Index (STI)…
Duo charged with false trading of EuroSports shares under Securities and Futures Act
Individuals convicted under this section of the Act face imprisonment of up to seven years, a fine not exceeding S$250,000, or both TWO individuals were charged with false trading offences…
Returning capital is often not the only reason companies buy back their shares in the market
Some firms conduct share buybacks purely to support the vesting of awards under their share-based remuneration schemes This column received some negative feedback last week, following its…
Singapore shares rise at Wednesday’s open; STI up 0.2%
SINGAPORE stocks began trading higher on Wednesday (Nov 20) morning following a mixed performance in world indices. As at 9.03 am, the Straits Times Index (STI) rose 6.14 points or 0.2 per…
Companies like DBS, ST Engineering are buying back their shares. Are there downsides?
THIS month, the board of DBS set up a S$3 billion share-buyback programme, which involves purchasing its own shares from the open market. When these shares are cancelled, the bank’s equity…
Singapore shares retreat at Wednesday’s open; STI down 0.7%
SINGAPORE shares began trading lower on Wednesday (Nov 13), extending global equity market declines overnight. As at 9.02 am, the Straits Times Index (STI) fell 0.7 per cent or 24.31…
Shopify delivers upbeat holiday forecast as AI draws customers, shares surge
SHOPIFY forecast fourth-quarter revenue growth above estimates on Tuesday (Nov 12), as the Canadian company’s focus on employing AI-powered tools attract more merchants to its e-commerce…
DBS CEO Piyush Gupta sells S$12.6 million worth of shares as DBS hits all-time high
DBS’ shares have shot past the S$40 mark in a rally; other major banks’ shares have also rallied amid bright Q3 earnings results OUTGOING DBS chief executive officer Piyush Gupta sold lots…
Kamala Harris' Neice Meena Shares Adorable Photo of VP at Home With Glass of Wine after Losing Presidential Election to Trump
A social media post from Kamala Harris' niece has provided a glimpse into the vice president's life after her loss to Donald Trump in the presidential election. The new photos, posted by…
Europe: Shares log third week of declines on China, tariff jitters
EUROPE’S benchmark Stoxx 600 logged its third consecutive week of declines on Friday (Nov 8), hurt by underwhelming stimulus measures from China as well as concerns about tariffs under a…
Singapore shares open higher on Thursday; STI up 0.6%
SINGAPORE shares began Thursday (Nov 7) trading in positive territory as markets abroad saw mixed results. As at 9.01 am, the Straits Times Index (STI) was up 0.6 per cent or 20.74 points…
Trump Media, Tesla shares surge as former president wins second term
SHARES of Trump Media, Tesla and domestic-focused small-cap companies surged on Wednesday (Nov 6) as Donald Trump was elected US president for the second time, fuelling expectations of…
Hot stock: Genting Singapore shares rise nearly 2% after RWS casino chief steps down
The announcement comes months after MacDonald said he was issued a persona non grata notice, which banned him from Marina Bay Sands’ premises SHARES of Genting Singapore were heavily…
Jeff Bezos Sells $3 Billion in Amazon Shares, Becomes World's Second Richest Person as Net Worth Soars to $222 Billion
Amazon founder Jeff Bezos has sold over $3 billion in Amazon shares this week, according to a regulatory filing disclosed on Friday. This brings his total Amazon stock sales for 2024 to…
Parole Examiner Lee Spoilers: Baek Ji Won Shares Crucial Details About Choi Hwa Ran
Actress Baek Ji Won, who will portray legendary loan shark Choi Hwa Ran in the upcoming tvN drama Parole Examiner Lee, recently shared some crucial details about her character in the…
Hot stock: Singtel shares fall nearly 2% on heavy trading as investors weigh Optus lawsuit
SHARES of telco giant Singtel saw heavy trading on Friday (Nov 1) after court proceedings against its subsidiary Optus Mobile in Australia commenced on Oct 31. The counter hit a low of…
Apple results top Wall Street targets on strong iPhone sales, shares slip on outlook
APPLE’S AI-enhanced iPhone made a strong start, helping push quarterly sales ahead of Wall Street expectations, but questions about whether the rollout will continue apace were underscored…
HSBC to buy back US$3 billion shares as profit beats estimates
HSBC Holdings announced a fresh multi-billion US dollar stock buyback as it reported better-than-estimated earnings days after unveiling a major restructuring of its business. Europe’s…
Nippon Paint shares jump most in 24 years on US$2.3 billion deal
SHARES of Nippon Paint surged following its announcement of a deal to acquire a US-based chemicals formulator. The stock price for the Japanese firm gained as much as 23.6 per cent on…
Singapore shares open almost flat on Tuesday; STI up 0.02%
SINGAPORE shares opened almost flat on Tuesday (Oct 29), after US and Europe’s indices rose overnight. As at 9.01 am, the Straits Times Index (STI) rose 0.71 point or 0.02 per cent to…
Ford weakens profit outlook amid price war, shares fall
FORD Motor said on Monday it expects to hit the lower end of its full-year profit guidance, dropping the company’s shares 5 per cent in after-hours trading, as a price war hits the US…
LSEG’s third-quarter income tops forecasts, shares hit record
LONDON Stock Exchange Group said on Thursday (Oct 24) that its income rose a better-than-expected 9.5 per cent in the third quarter after strong growth in its capital markets business,…
Horizon Robotics’ shares jump 38% in Hong Kong after US$696 million IPO
SHARES of Horizon Robotics jumped nearly 38 per cent early in their trading debut in Hong Kong on Thursday (Oct 24), adding to optimism over a revival in initial public offerings (IPOs) in…