SoftBank’s profit rebounds on AI stocks
Japanese technology conglomerate SoftBank Group Corp. posted a 421.8 billion yen ($2.9 billion) profit in the April-June quarter, rebounding from a loss a year earlier as its investments…
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stocks
China stocks close at highest level since 2021 on upbeat trade data
Investors remain focused on an Aug 12 deadline to see if Beijing and Washington will reach a durable tariff agreement. China stocks rose for a fourth straight day to close at a…
Stocks to watch: DBS, UOB, Yangzijiang Shipbuilding, Sats, Venture Corp, Straits Trading
The following companies saw new developments that may affect trading of their securities on Thursday (Aug 7): DBS: The local bank on Thursday announced that its net profit for the three…
Singapore stocks rise for third straight day amid mixed regional showing; STI up 0.5%
Local stocks closed higher on Wednesday (Aug 6), marking a third consecutive day of gains despite a mixed regional market performance and Wall Street’s decline the previous day. The US…
Indonesian stocks near record high, unfazed by foreign selling
Indonesian stocks are closing in on an all-time high as booming domestic demand offsets a deluge of foreign outflows. Foreign investors have sold a net US$3.8 billion in local shares so…
Stocks on Wall Street hold steadier following sharp market swings
Wall Street is holding steadier following its see-saw ride that bracketed the weekend. The S&P 500 was up 0.1% in early trading Tuesday. The index is coming off its best day since May,…
Stocks to watch: CICT, CapitaLand Ascendas Reit, Lendlease Global Commercial Reit, Frasers Hospitality Trust, Sunpower
The following companies saw new developments that may affect trading of their securities on Tuesday (Aug 5): CapitaLand Integrated Commercial Trust: The trust posted a 3.5 per cent rise in…
Stocks to watch: SIA, Nio, Genting Singapore, CDL, United Hampshire US Reit, GHY, Ossia
The following companies saw new developments that may affect trading of their securities on Monday (Aug 4): Singapore Airlines (SIA): The flag carrier was downgraded to a “sell” by UOB Kay…
US: Stocks tumble as weak jobs report adds to doubts on economy
Wall Street stocks finished sharply lower Friday (Aug 1) following a weak July jobs report that raised concerns about US economic health. Major US indices fell 1.2 per cent or more…
Singapore, Malaysia markets rise, while Taiwan stocks drop as Trump sets new tariff rates
Singapore stocks opened slightly up on Friday (Aug 1), while Malaysia markets jumped and Taiwan slumped, following the announcement of US President Donald Trump’s global tariff rates.…
Stocks to watch: OCBC, FLCT, Clas, Jardine Matheson, Keppel Reit, NetLink, Del Monte Pacific
The following companies saw new developments that may affect trading of their securities on Friday (Aug 1): OCBC: The local bank’s net profit for Q2 FY2025 fell 7 per cent as interest…
Europe: Stocks end at over one-week low; beverage makers hurt by US tariffs
EUROPEAN shares closed at a more than one-week low on Thursday, as investors were disappointed by a series of corporate reports from the likes of Sanofi and Ferrari, while beverage makers…
Stocks to watch: Keppel, Jardine C&C, Seatrium, Mapletree Pan Asia Commercial Trust, Mapletree Logistics Trust, Sheng Siong
The following companies saw new developments that may affect trading of their securities on Thursday (Jul 31): Keppel: Asset manager Keppel saw net profit rise 24.2 per cent to S$377.7…
Mark Zuckerberg Details Meta’s Plan for Self-Improving, Superintelligent AI
Meta CEO Mark Zuckerberg told investors that the newly formed Meta Superintelligence Labs is focused on building AI models that can self-improve—meaning they can learn from themselves…
US ETF outperforming S&P 500 becomes substantial shareholder in Rex, has stakes in 30 Singapore stocks
A US-based exchange-traded fund (ETF) has recently become a substantial shareholder of Rex International after raising its stake in the oil exploration and production company. Avantis…
Global stocks mostly rise as U.S. continues trade talks with China
Global shares were mixed Tuesday at the outset of a second day of trade talks between Chinese and U.S. officials. France’s CAC 40 jumped 1.1% in early trading to 7,887.57, while the German…
Stocks to watch: OCBC, Singapore Airlines, Raffles Medical, AEM Holdings
The following companies saw new developments that may affect trading of their securities on Monday (Jul 28): OCBC: OCBC subsidiary Great Eastern Holdings posted an 11 per cent decline in…
Global Stocks Dip Ahead of Trump's Tariff Deadline and Key Central Bank Decisions
Investors around the world retreated from the stock market on Friday to lock in profits after a strong week. The MSCI global stock index lost 0.2%, and Japan's Topix index fell 0.9% after…
Stocks to watch: OCBC, Keppel DC Reit, Frasers Centrepoint Trust, Suntec Reit
The following companies saw new developments that may affect trading of their securities on Friday (Jul 25): OCBC: OCBC’s subsidiary Great Eastern announced on Thursday the incorporation…
Stocks to watch: ST Engineering, MPACT, MLT, Digital Core Reit, Sabana Reit, OUE Reit
The following companies saw new developments that may affect trading of their securities on Thursday (Jul 24): ST Engineering: The group on Wednesday announced that it won new contracts…
Stocks rise to more records after U.S. strikes trade deal with Japan
U.S. stocks are rising toward more records on Wednesday following a trade deal between the world’s No. 1 and No. 4 economies, one that would lower proposed tariffs on Japanese imports…
Chinese investors snap up Hong Kong stocks as flows near record
The accelerated buying comes as the Hang Seng China Enterprises Index has gained 24% this year Mainland Chinese investors’ purchase of Hong Kong-listed stocks is approaching an…
Not just DBS or Nvidia: these are the top most-traded stocks in Singapore
The year to date has been marked by significant market volatility, with trade tensions and tariff-related uncertainty acting as key catalysts. Global supply chains have faced persistent…
Stocks to watch: Singtel, CapitaLand Investment, GHY Culture, Dasin Retail Trust
The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 22): Singtel: Its wholly owned subsidiary Singtel Optus on Monday priced S$160…