Culture
Shell Q1 profit drops 28%, beats estimates, keeps share buybacks steady
[LONDON] Shell reported a 28 per cent drop in first-quarter net profit to US$5.58 billion on Friday (May 2), beating analyst expectations, while it held steady the pace of...
AirAsia-owner Capital A eyes Hong Kong listing
[BENGALURU] Malaysia’s Capital A, the owner of budget carrier AirAsia, said on Friday (May 2) it was exploring listing on the Hong Kong stock exchange, as it looks to...
StanChart Q1 profit beats estimates as lender weighs impact of Trump’s tariff war
STANDARD Chartered reported first-quarter profit that beat estimates as it weighs the impact of US President Donald Trump’s trade war. Adjusted pretax profit for the quarter through March hit US$2.28...
Shorter-duration bonds shine in Asia as Trump’s tariffs roil markets
[SINGAPORE] US President Donald Trump’s tariffs shook markets across asset classes, sending investors searching for shelter. Some landed on cash, some on gold, but some money managers are finding...
Gold set for worst week in more than two months; US jobs data eyed
GOLD prices were poised for their worst weekly performance in more than two months on Friday as receding trade tensions tempered safe-haven demand, while the market’s focus shifted to the...
Asia: Stocks gain after China teases US tariff talks
[HONG KONG] Asian markets largely rose on Friday, tracking Wall Street gains, as China said it was considering a US offer to negotiate steep tariffs.US markets forged higher on...
Backyard barnyard: rising egg prices prompt hen hires in US
[LA CRESCENTA, United States] Stung by the rocketing price of eggs – and US supermarkets rationing a basic breakfast staple – Yong-mi Kim decided to get some chickens to...
CapitaLand Investment sinks 8% as counter goes ex-dividend
[SINGAPORE] CapitaLand Investment’s (CLI) shares plunged more than 8 per cent on Friday (May 2) morning, after trading in the company went ex-dividend the same day.Shares of CLI fell...
Australia shares hit near two-month high on boost from banks
AUSTRALIAN shares touched a two-month high on Friday, on track for a seven-day rally, as gains in financials overshadowed the decline in gold-related stocks.The S&P/ASX 200 index rose 0.5 per...
Chinese EV makers sell more plugin-hybrids in the EU to avoid tariffs: research firm
CHINESE carmakers including BYD and Chery are selling more plugin-hybrids in the European Union to avoid import tariffs on Chinese-made electric cars, data released on Friday showed.The two brands...
Lured by Thailand perks, China’s EV makers face reality check
IT’S HARD to miss the aggressiveness of Chinese automakers in the Thai market on the drive from Suvarnabhumi Airport into Bangkok: huge billboards featuring BYD, Changan Auto, GAC, Great...
Stocks to watch: CapitaLand Investment, Nio, MIT, Jardine Cycle & Carriage, iFast, Sasseur Reit, Elite UK Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 2).CapitaLand Investment (CLI): The real estate investment manager reported a total revenue...