Culture
Oil ends slightly up, trade choppy on report, denial of US attack plan on Venezuela
[HOUSTON] Oil prices settled slightly higher after a wild trading session on Friday (Oct 31), popping up as media reports said US air strikes on Venezuela could begin within...
European shares end week lower after corporate results, inflation data
[BENGALURU] European equities edged lower on Friday (Oct 31) as investors absorbed mixed quarterly results and a benign euro zone inflation report that reinforced the European Central Bank’s view...
Wall Street gains on Amazon boost but rate caution tempers enthusiasm
[NEW YORK] Wall Street’s main stock indexes closed higher on Friday (Oct 31), with their biggest boost coming from Amazon’s upbeat earnings forecast, but sentiment was dampened by worries...
YZJ Maritime to make mainboard debut on Nov 18, looking to raise S$5.2 million through placement
It expects a market capitalisation of S$2.04 billion upon completion of the distribution and placement[SINGAPORE] Yangzijiang (YZJ) Maritime Development, the spin-off from YZJ Financial’s maritime investment segment, is set...
Yangzijiang Financial’s CEO, CFO, lead independent director step down amid spin-off of YZJ Maritime
[SINGAPORE] Yangzijiang (YZJ) Financial’s executive chairman and CEO, CFO and lead independent director have resigned as the company prepares to spin off its existing maritime investments under a new...
US: S&P 500, Nasdaq opens higher as Apple, Amazon forecasts lift mood
[NEW YORK] The S&P 500 and the Nasdaq opened higher on Friday (Oct 31) after upbeat forecasts from Apple and Amazon helped calm nerves, a day after the indexes...
Chevron tops Q3 earnings estimates with record production after Hess deal
Adjusted earnings for the three-month period ended Sep 30 were US$3.6 billion or US$1.85 per share[HOUSTON] Chevron beat analyst estimates on Friday (Oct 31) as record oil and gas...
Data storage firms Western Digital, Seagate soar on AI-driven demand spike
[NEW YORK] Shares of data storage companies such as Seagate and Western Digital (WDC) have sharply outperformed the broader market this year, powered by the staggering demand for hard...
CapitaLand Ascendas Reit’s portfolio occupancy dips to 91.3% in Q3; rental reversion slows
Occupancy in Singapore slipped 0.8 percentage point quarter on quarter and fell two percentage points in the US[SINGAPORE] CapitaLand Ascendas Reit (Clar) ’s portfolio occupancy declined to 91.3 per...
ExxonMobil beats Q3 profit estimates on higher Guyana, Permian production
[HOUSTON] ExxonMobil beat Wall Street estimates for third-quarter earnings on Friday (Oct 31), underpinned by higher oil and gas production in Guyana and the Permian Basin which offset lower...
