US: Wall Street opens higher as investors weigh data, earnings
Wall Street opened higher on Friday (Jul 18), with investors weighing a week of mixed economic signals and earnings reports, while Netflix’s blockbuster profit failed to spark…
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Cinemas weigh launching new large screen brand to challenge Imax
Some of the largest US theatre chains, including Cinemark, Regal and Marcus, have held preliminary talks about jointly marketing their big-screen theatres to blunt the growing influence of…
US: Wall St opens marginally higher as markets weigh data
Wall Street opened largely steady on Thursday (Jul 17), as investors mulled over fresh economic data, while upbeat results from Taiwan’s TSMC that energised US chipmakers. At…
Oil rises over 2% as investors weigh market outlook, tariffs, sanctions
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…
Macquarie is said to weigh sale of Singapore petrochemical asset
The facility has 503,000 cubic metres of storage capacity for a range of fuels and industrial gases Macquarie Group’s asset management arm is considering selling its 50 per cent…
Gold steady after Trump unveils steeper tariffs, Treasury yields weigh
Gold prices steadied on Tuesday (Jul 8) as US President Donald Trump announced sharply higher tariffs on goods from Japan, South Korea and other nations, while higher US treasury yields…
Europe: Shares fall as banks, mining stocks losses weigh
European shares ended lower on Friday (Jul 4) as losses in banks and mining-related stocks weighed, with focus now shifting to the Jul 9 deadline for trading partners to reach a deal with…
Malaysia rate cut bets grow as tariff talks weigh on outlook
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…
Gold prices ease ahead of US data as investors weigh Fed rate stance
Gold prices edged lower on Wednesday (Jul 2) as investors awaited US payroll data and assessed Federal Reserve chair Jerome Powell’s cautious stance on rate cuts, although a weaker US…
Europe: Shares sag as investors weigh Iran-Israel ceasefire
A RALLY in European stocks hit a roadblock as investors weighed the fragility of the Israel-Iran ceasefire, with attention quickly shifting to the looming US tariff pause deadline. The…
Florida asks Supreme Court to reinstate immigration law as lower courts weigh constitutionality
The Florida Attorney General asked the U.S. Supreme Court on Monday to allow the state to enforce a new immigration law that makes it a misdemeanor for people living in the U.S. illegally…
Japanese megabanks weigh Middle East evacuations, JPMorgan limits travel
[TOKYO/NEW YORK] Several major Japanese banks are considering evacuating staff from the Middle East and Wall Street giant JPMorgan has restricted employee travel in the region as tensions…
Airlines weigh Middle East cancellations after US strikes in Iran
Airlines on Monday (Jun 23) were weighing how long to suspend Middle East flights as a conflict which has already cut off major flight routes entered a new phase after the US attacked key…
UBS downgrades Thai stocks to neutral as political woes weigh
Group strategists downgraded Thai stocks to neutral from overweight, citing recent political uncertainty which could impact policy direction and investor sentiment. Inflows…
Gold heads for weekly fall as fewer Fed rate cut prospects weigh
GOLD prices fell on Friday and were on track for a weekly decline, as an overall stronger dollar and the prospect of fewer US interest rate cuts offset support from rising geopolitical…
Europe: Shares dive as Middle East tensions, US involvement fears weigh
EUROPEAN shares skidded to an over one-month low on Thursday as escalating Middle East tensions and fears over potential US involvement rattled investors. The pan-European Stoxx 600 closed…
Europe: Shares fall as Middle East tensions weigh; eyes on Fed decision
EUROPEAN shares declined on Wednesday as investors awaited the Federal Reserve’s monetary policy decision, with ongoing tensions in the Middle East adding to market uncertainty. The…
Petronas is said to weigh sale of US$7 billion Canada business
Lower oil prices have hit the company, which reported a slide of more than 30% in net income in 2024 and announced job cuts that will start taking place this year Petroliam…
Maybank cuts view on Malaysian banking sector to ‘neutral’ as tariffs, slower GDP weigh on earnings
Maybank Investment Bank has downgraded its rating for the Malaysian banking sector to “neutral”, from “positive” previously, due to slower gross domestic product growth, subdued earnings…
Global funds weigh whether Indonesia market rebound was too fast
Indonesia’s financial markets have bounced back after a torrid few months, sparking a debate on whether the rally can last. RBC BlueBay says any inflows into Indonesian bonds will remain…
Industry Leaders Weigh the Transformative Power of Brand Ambassadors in Fashion and Culture
The enormous impact of brand ambassadors — whether they are influencers, celebrities or athletes — on culture and the fashion industry was a hot topic Wednesday morning at a panel…
Europe: Stocks ease from two-month highs as retailers, luxury stocks weigh
EUROPEAN stocks were little changed on Wednesday as gains in broader stocks outweighed declines in luxury and retail stocks, while investors monitored a tax cut bill in the United States.…
Stocks Extend Gains as Investors Weigh Fed Rates and Tariff Talk
Stocks rose on Thursday, marking a third consecutive daily rally as investors hope for an easing of President Trump’s trade wars and weigh comments from a Federal Reserve official on…
Mapletree Logistics Trust’s Q4 DPU falls 11.6%; manager warns trade tensions could weigh on performance
Lower revenue contribution from China and weak regional currencies crimped Mapletree Logistics Trust’s (MLT) earnings for its fourth quarter, with distribution per unit (DPU) falling 11.6…