Culture
S&P 500 extends rally after CME glitch, reversing monthly slide
Markets are continuing to bet that the central bank will cut its benchmark next month[NEW YORK] US stocks notched a fifth-straight day of gains, as the Chicago Mercantile Exchange...
European shares clock monthly gains on Fed rate cut hopes
Next week, investors expect some focus on Russia-Ukraine peace talks.[BENGALURU] European shares ended higher on Friday (Nov 28), capping a strong weekly advance and closing the month on a...
OCBC files bid to wind up consumer electronics trader TT International
[SINGAPORE] OCBC has filed a winding-up application against consumer electronics trader TT International, whose debts are being restructured under a scheme of arrangement. The company owes OCBC at least S$21.7...
Noodle maker Leong Guan Holdings to offer 20.65 million shares at S$0.23 each in Catalist listing
The group intends to distribute a minimum of 80% of FY2025 net profit as dividends [SINGAPORE] Food manufacturing and distribution company Leong Guan Holdings has launched its initial public...
Wall St opens higher, futures resume trade after outage
[NEW YORK] Wall Street’s main indexes opened higher on Friday (Nov 28) with futures trading springing back to life from an hours-long CME Group outage that had temporarily frozen...
Wilmar’s China subsidiary lodges appeal over contract fraud case
[SINGAPORE] A subsidiary of Wilmar International has lodged an appeal in a Chinese court, after it was found guilty of contract fraud and ordered to bear losses amounting to...
CIMB Q3 profit up 2.3% at RM2.08 billion
[SINGAPORE] CIMB’s net profit for the third quarter ended Sep 30 rose 2.3 per cent to RM2.08 billion (S$653.5 million) from RM2.03 billion in the year-ago period, the company...
Fair value losses drag LHN H2 net profit down 82.7% to S$5.9 million
[SINGAPORE] Property player LHN group posted a net profit of S$5.9 million for the half-year ended Sep 30, 2025, down 82.7 per cent from S$34.3 million in the year-ago...
‘Lost their life savings’: Tokenize Xchange users sue founder and wife for over S$60 million in lost crypto assets
The firm owes its customers about S$266.3 million but has only S$2.6 million in realisable assets, interim judicial manager report reveals[SINGAPORE] More than 200 former customers of the now-defunct...
Singapore stocks gain more ground on Friday as regional peers close mixed
[SINGAPORE] Singapore stocks ended higher on Friday (Nov 28) as regional benchmarks ended the day mixed. The benchmark Straits Times Index (STI) gained 0.3 per cent or 14.62 points...
