Apple revenue forecast beats estimates as iPhone sales soar
Apple forecast revenue well above Wall Street’s estimates on Thursday, following strong June-quarter results supported by customers buying iPhones early to avoid US President Donald…
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Hiap Seng shares soar 75% after Indonesian oil giant Chandra Asri buys 11.9% stake
Shares end Wednesday at multi-year high of S$0.021; future partnership between both companies could be on the horizon, says Hiap Seng CEO Max Tan Indonesian petrochemical producer Chandra…
Beef prices soar to record highs in the United States
Anyone firing up the grill this summer already knows hamburger patties and steaks are expensive, but the latest numbers show prices have climbed to record highs. And experts say consumers…
Citigroup backs silver to soar just as gold’s rally loses steam
Silver will extend a rally beyond US$40 an ounce in the coming months on tightening physical supplies and growing investment demand, according to Citigroup, which reiterated a…
Richemont’s Jewelry Sales Soar in Q1 Due to Demand in Europe, Americas and the Middle East
LONDON – Robust demand for jewelry in Europe, the Americas and the Middle East drove Richemont’s sales up 6 percent at constant exchange to 5.4 billion euros in its first fiscal quarter…
Japan private-sector rice imports soar in May
Japan’s private-sector rice imports rocketed higher in May as the country grapples with supply shortages that have become a major headache for both consumers and policymakers.…
S’pore semiconductor stocks soar, notch weekly surge on boost from domestic, global tailwinds
Semiconductor listcos were trading higher on Friday (Jun 27) morning, notching double-digit gains over the week as a slew of domestic and global developments spelt potential tailwinds for…
Bumble shares soar after dating app announces major job cuts
Bumble is cutting a third of its workforce, the latest sign that all is not well in the business of online dating. The company informed its staff of the layoffs in a letter from founder…
China stocks soar on AI, US-China trade hopes. Who are the country’s ‘Terrific Ten’ firms?
Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial intelligence and Trump tariffs. The Asian giant’s companies…
China stocks soar on AI, trade hopes. Which are the country’s ‘Terrific 10’ firms?
Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial intelligence (AI) and US President Donald Trump’s trade…
Japan curry shops see record bankruptcies as rice prices soar
Thirteen curry shops with more than 10 million yen (S$89,345) in debt filed for bankruptcy in the year ending in March A record number of curry shops in Japan went out of business…
Container shipping rates soar, impact on shippers outside China felt
Sea cargo rates have surged, with those for the voyage from Shanghai to the US particularly steep, fuelled by pent-up demand and front-loading as shippers rush to beat the US-China trade…
11 million? 20 million? 50 million? Estimates of the illegal immigrant population soar
As Homeland Security Secretary Kristi Noem has been making the rounds on Capitol Hill this month, she's tossed out some startling statistics -- and none more striking than her estimate…
Tesla sales fall 45% in Europe as rivals’ EV registrations soar
TESLA’s sales plunged 45 per cent last month across Europe, where rival carmakers saw a surge in electric vehicle (EV) demand. The Elon Musk-led company registered only 9,945 cars in…
Yangzijiang Financial H2 earnings soar to S$197.3 million
INVESTMENT management firm Yangzijiang Financial reported a net profit of S$197.3 million in the second half ended Dec 31, 2024, an increase of about four times from S$39.3 million a year…
Europe: Stocks mark record closing high as defence stocks soar
EUROPEAN shares marked a record closing high on Monday (Feb 17), boosted by defence stocks as investors priced in the likelihood of increased military spending in the region, following…
Kendrick Lamar’s Streams for ‘Not Like Us’ Soar 430% on Spotify After Super Bowl Halftime Show
Kendrick Lamar’s streams for his culture-dominating 2024 song “Not Like Us” soared some 430% on Spotify in the hours after his halftime performance during the Super Bowl on Sunday night,…
BYD shares soar 20% this week as traders await autopilot update
BYD’s shares are on track to record their best week since late 2020, as investor enthusiasm builds ahead of the Chinese electric vehicle (EV) maker’s keenly awaited update on its smart…
Bank Negara Malaysia calls for fair insurance pricing as medical costs soar
BANK Negara Malaysia (BNM) on Thursday (Nov 28) instructed insurance companies to reassess their repricing strategies to ensure fairer implementation for policyholders due to concerns over…
Russian hypermarkets struggle as online sales soar
In November 2024, Russia’s retail market continues to undergo a significant transformation, shaped by the rapid growth of e-commerce and shifting consumer habits. Traditional hypermarkets,…
Nigeria turns to natural gas as transport prices soar after petrol subsidies were removed
ABUJA, Nigeria (AP) — When Nigeria's President Bola Tinubu ended the costly subsidies that made petrol affordable for many in Africa's most populous country, Ahmed Halilu knew his…
Police in Mozambique fire tear gas at opposition politician as post-election tensions soar
MAPUTO, Mozambique (AP) — Police in Mozambique fired tear gas at the country's leading opposition politician and supporters as he spoke with reporters Monday, forcing them to run for cover…
Hong Kong equities soar on China stimulus; property, financial stocks lead rally
CHINESE property and financial companies led rally in Hong Kong stocks on Wednesday (Oct 2), as Beijing’s stimulus measures and easier home purchase rules continued to buoy sentiment. The…
Swatch CEO says no take-private plans underway as shares soar
SWATCH Group chief executive officer Nick Hayek said there are no plans underway to take the watchmaker private, although it’s something that “would be nice to do.” The CEO made those…