Culture
NetLink Trust posts 10.2% drop in H1 profit to S$43.5 million on higher depreciation
Fibre network provider NetLink NBN Trust on Monday (Nov 3) posted a 10.2 per cent drop in net profit to S$43.5 million for the half-year…
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US: S&P 500, Nasdaq opens higher as Apple, Amazon forecasts lift mood
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…
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ExxonMobil beats Q3 profit estimates on higher Guyana, Permian production
ExxonMobil beat Wall Street estimates for third-quarter earnings on Friday (Oct 31), underpinned by higher oil and gas production in…
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US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s…
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US: Wall Street ends higher amid mixed earnings, Trump-Xi meeting confirmed
Wall Street advanced on Thursday as investors mulled a mixed batch of corporate earnings and shifting geopolitical concerns. All three…
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MPACT’s Q2 DPU rises to S$0.0201 on higher contributions from Singapore properties
Mapletree Pan Asia Commercial Trust (MPACT) posted a rise in distribution per unit (DPU) to 2.01 Singapore cents for its second quarter…
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Sabana Reit’s Q3 income available for DPU up 38.4% at S$0.0101 on higher occupancy at New Tech Park
Revenue rises 5.3% year on year to S$29.9 million; net property income climbs 16% to S$16.9 million Sabana Industrial Real Estate…
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Singapore counters close higher; STI rises 0.3%
Across the broader market, advancers beat decliners 311 to 262 after 1.4 billion securities worth S$1.6 billion change hands Counters on…
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Nasdaq profit tops estimates on higher trading volume, fintech demand
Nasdaq also saw broad-based growth across its financial technology and software divisions Exchange operator Nasdaq beat Wall Street…
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US: Wall Street ends higher as investors digest Trump trade comments
Wall Street ended higher on Friday (Oct 17) as investors assessed US President Donald Trump’s latest remarks on China, while quarterly…
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Nio closes 2.7% higher after rebounding from plunge following GIC lawsuit
Morningstar says the lawsuit’s allegations are not expected to have material impact on the company’s operations Shares of Nio recovered on…
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Market sees higher ship refinancing amid conflicts between US and China
Likely beneficiaries of the spat are shipowners that are neither Chinese nor American, such as Singapore-based players With the US levying…
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US: Wall Street opens higher after Trump cools rhetoric on China
Wall Street’s main indexes opened higher on Monday (Oct 13) following Friday’s pullback, as investors returned to risk assets after…
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US: Wall Street opens slightly higher as traders buy the dip ahead of sentiment data
Wall Street’s main indexes opened slightly higher on Friday, as investors sought to buy the dip following a brief pullback, while awaiting…
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Oil prices edge up on worries about Russian output, higher US demand
Oil prices edged up about 1 per cent to a one-week high on Wednesday (Oct 8) as traders expected a lack of progress on a Ukraine peace…
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US: Wall Street indices open higher with Fed remarks in focus
Wall Street’s main indices opened higher on Wednesday (Oct 8) following a blip in a steady rally, as investors awaited fresh clues from…
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Shippers not expected to pay higher freight rates because of US port fees: Bimco
This is because more than half of the Chinese-built ships are below a stipulated size or are US-owned, and several liner operators have…
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US: Wall Street opens higher as Fed cues awaited
WALL Street’s main indexes opened higher on Tuesday (Oct 7), a day after the S&P 500 and the Nasdaq hit record closing highs, with focus…
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US: Wall Street indices open higher on AI boost
AMD’s chip-supply tie-up with OpenAI became the latest in a series of artificial intelligence deals Wall Street’s main indexes opened…
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US: Wall St opens higher as rate-cut hopes drive momentum
Wall Street’s main indexes opened higher on Friday (Oct 3) as optimism about an imminent interest-rate cut by the Federal Reserve boosted…
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USD/JPY at a crossroads: Breakout signals bulls eyeing higher targets
THE USD/JPY has spent much of the last quarter trapped in indecision, but recent price action suggests that the pair may finally be…
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US: Wall Street opens higher after inflation data calms rate-cut jitters
Wall Street’s main indexes opened higher on Friday (Sep 26), after the latest inflation data came in line with expectations, easing…
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US: Wall St opens higher after rally, FedEx gains
Wall Street’s main indexes opened higher on Friday (Sep 19) after rallying to record highs in the previous session, while FedEx rose as…
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Hongkong Land closes 1.2% higher on S$738.7 million MCL Land divestment
It is selling its Singapore and Malaysia residential property arm to Malaysian conglomerate Sunway Group as it exits the residential…