Entrepreneurship
S&P 500 notches record high close driven by Broadcom, other chipmakers
The S&P 500 is trading at about 22 times expected earnings, down from 23 in November[BENGALURU] The S&P 500 rallied to a record high close on Friday (Jan 9),...
Wall Street opens higher after jobs data; tariff ruling awaited
[NEW YORK] Wall Street’s main indexes opened slightly higher on Friday (Jan 9), as investors digested weaker-than-expected jobs data, while awaiting a Supreme Court ruling on US President Donald...
China’s GigaDevice Semiconductor locks top-end pricing in HK$4.68 billion Hong Kong listing
[HONG KONG] China’s GigaDevice Semiconductor has set an offer price of HK$162 per H share in its Hong Kong listing, raising HK$4.68 billion (S$772.5 million), according to an exchange...
China curbs rare earth exports to Japanese companies after dual-use ban
[BEIJING] China has begun restricting exports to Japanese companies of rare earths and powerful magnets containing them, the Wall Street Journal reported on Thursday (Jan 8), after Beijing banned...
Singapore stocks track regional gains; STI up 0.1%
Across the broader market, gainers edge out losers 289 to 236, with 1.3 billion securities worth S$1.5 billion changing hands[SINGAPORE] Singapore stocks ended higher on Friday (Jan 9) amid...
MAS, SGX RegCo propose rule changes to pave way for SGX-Nasdaq dual-listing bridge
[SINGAPORE] A key step was taken towards setting up the Singapore Exchange (SGX) and Nasdaq dual-listing bridge, as the Monetary Authority of Singapore (MAS) proposed various legislative and regulatory...
Shanghai benchmark hits 10-year high as easing deflation lifts sentiment
[SHANGHAI] Mainland China and Hong Kong stocks advanced on Friday (Jan 9), with the Shanghai benchmark topping the psychologically important 4,100 points to a decade high, as investor sentiment...
SGX December securities turnover value up 29% on 2025 momentum
[SINGAPORE] The trading value of securities on the Singapore Exchange (SGX) climbed 29 per cent year on year in December, driven by “sustained stock market momentum” throughout 2025. The...
BYD creates new Linghui sub-brand aimed at ride-hailing market
Among other new models disclosed in the filings, Luxeed registered its first multi-purpose vanBYD has created a new sub-brand, called Linghui, that will house some re-badged models popular with...
China’s industrial buyers shun copper after prices hit record
A SIGNIFICANT chunk of Chinese copper demand has all but evaporated after the metal’s stunning surge to record levels.Copper on the London Metal Exchange (LME) burst through US$13,000 a...
