Business
ExxonMobil signals higher oil, gas prices will help boost Q1 profit
EXXONMOBIL signalled on Thursday that higher crude oil and natural gas prices as well as stronger oil refining margins will help lift its…
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Higher
Politics
Trump tariffs push gold even higher; fears yet fully materialised, say market watchers
Despite earlier expectations of US President Donald Trump’s reciprocal tariffs, investors were caught off guard by the scale and rationale…
News
Insurers brush off impact of higher MediShield Life premiums
Changes to MediShield Life, which kick in on Tuesday (Apr 1), may place some strain on insurance players who offer the associated…
Business
Retail investors likely to face higher fees and less transparency in private market funds
Market players welcome MAS proposal, which will give retail investors more options to invest in the fast-growing private assets market…
Business
Buyback consideration notches higher; ISOTeam CEO increases stake
[singapore] Over the five trading sessions from Mar 21 to 27, institutions were net sellers of Singapore stocks, with net institutional…
Business
PSA International FY2024 net profit falls 25.2% to S$1.1 billion on higher costs, inflation
Temasek-owned port operator PSA International on Friday (Mar 28) reported a 25.2 per cent drop in net profit to S$1.1 billion in 2024,…
Politics
Auto Tariffs Are Likely to Lead to Much Higher Car Prices
New cars will probably become much more expensive in the United States after President Trump imposed a new 25 percent tariff on…
Business
US: Wall St opens slightly higher after Trump-led rally
Wall Street’s main indexes edged up on Tuesday (Mar 25) as investors assessed implications of impending reciprocal tariffs on the heels of…
Business
US: Wall St opens higher on Trump's softened tariff stance
US stock indexes opened higher on Monday (Mar 24), helped by signs the Trump administration is taking a measured approach on tariffs…
Business
Europe: Shares end week higher; airlines hit by Heathrow closure
European shares fell alongside other major global stock markets on Friday (Mar 21) on uncertainty over trade tensions and geopolitical…
Business
US: Stocks shrug off economic jitters to close higher
Wall Street stocks closed higher on Friday (Mar 21) after fluctuations, shaking off ongoing economic uncertainty including those triggered…
Politics
Oil prices settle US$1 higher after US issues new Iran-related sanctions
Oil prices rose on Thursday after the United States issued new Iran-related sanctions and renewed tensions in the Middle East countered…
Business
Dollar higher as Fed signals no rush to cut rates, BOE holds rates steady
The dollar rose on Thursday (Mar 20) after the Federal Reserve indicated it was in no rush to cut rates further this year due to…
Business
US: Wall Street opens higher ahead of Fed decision
Wall Street’s main indexes opened higher on Wednesday (Mar 19) ahead of the Federal Reserve’s widely anticipated monetary policy decision,…
Business
Americans Are Expecting Higher Prices. That Could Unnerve the Fed.
Fresh off the worst inflation shock in decades, Americans are once again bracing for higher prices. Expectations about future inflation…
Business
SingLand H2 net profit rises 76% to S$180.5 million on higher revenue from hotel ops
SINGAPORE Land Group (SingLand) reported a net profit of S$180.5 million in the second half ended Dec 31, up 76 per cent from S$102.4…
Business
Sats posts 123.5% rise in Q3 net profit on higher business volume, rate increases
CATERING and ground handling company Sats posted a 123.5 per cent increase in net profit to S$70.4 million for the quarter ended Dec 31,…
Business
Vicom posts 11% higher H2 net profit on robust demand for vehicle testing
VEHICLE Inspection company Vicom posted 11 per cent higher net profit of S$15.2 million for the half-year ended Dec 31, 2024, from S$13.7…
Business
Singapore shares end Wednesday higher on UOB results, Budget news; STI up 0.2%
The bank’s Q4 profit of of S$1.52 billion beat analysts’ consensus forecast S$1.48 billion SINGAPORE stocks closed higher on Wednesday…
Politics
US: Wall St opens higher with Fed policy, Trump tariffs in focus
WALL Street’s main indexes opened higher on Tuesday (Feb 18), as investors focused on potential tariff developments and the US Federal…
Business
Asia: Tech rally helps Hong Kong lead markets higher
HONG Kong resumed its tech-led rally on a healthy day for Asian markets on Tuesday (Feb 18) as a meeting between President Xi Jinping and…
Politics
Gold inches higher on concerns over Trump tariff threats
GOLD prices edged higher on Tuesday (Feb 18) as uncertainty over US President Donald Trump’s tariffs continued to dominate sentiment,…
Business
Singapore shares open higher on Monday; STI up 0.3%
SINGAPORE equities began Monday (Feb 17) in positive territory, following mixed performance in the US and Europe last Friday. As at 9.01…
Business
Westpac posts higher quarterly profit as loan volumes grow, late repayments decline
AUSTRALIA’S Westpac posted a rise in its first-quarter net profit on Monday as deposits and loan volumes grew, and said a widely awaited…