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STI slips 0.1% on Monday, bucks regional trend
Genting Singapore is the top gainer on the index while ST Engineering had the biggest decline[SINGAPORE] The Straits Times Index (STI) closed down on Monday (Nov 10), as regional...
TSMC monthly sales growth slows as AI demand moderates
[TAIPEI] Taiwan Semiconductor Manufacturing Company (TSMC) reported slowing growth in its revenue in October, potentially another indication that the demand for artificial intelligence (AI) is moderating, as the market...
Hong Kong surpasses South Korea in structured note boom: JPMorgan
A SURGING Hong Kong market has led to a boom in structured products linked to the city’s equities, so much so that it’s overtaken issuance from Japan and South...
OCBC shares continue rally to hit all-time high after strong Q3
[SINGAPORE] Shares of OCBC hit a new all-time high on Monday (Nov 10), continuing a rally from last week.The counter rose 1.4 per cent to reach a new intraday...
Genting scion Lim Keong Wee takes principles from “university of life” to build his wellness empire
The Initial Sama is part of the strategy to grow its leasing and management portfolioThe strategies and stories that shape today’s leaders.[SINGAPORE] As the grandson of the late Lim...
Asia: Markets boosted by hopes for deal to end US shutdown
EQUITIES rallied on Monday on hopes that the US government shutdown could be nearing an end after reports said lawmakers had reached a deal to break the record-breaking 40-day...
Gold rises on Fed rate cut bets, growth worries
GOLD prices rose on Monday, buoyed by expectations of another Federal Reserve interest rate cut in December and a slew of weak economic data that raised global growth worries.Spot...
mm2 Asia’s woes deepen as UOB demands S$74.6 million payment
Lender joins landlords and others in seeking payments from Cathay Cineplexes parent[SINGAPORE] Entertainment group mm2 Asia on Monday (Nov 10) said in a bourse filing that UOB has demanded...
Stocks to watch: Singtel, UMS Integration, SingPost, Cortina, mm2 Asia
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Nov 10): Singtel : Singtel sold 0.8 per cent of its direct stake...
UOB could be Singapore’s top ‘value-up’ play
DBS likely to outperform despite its seemingly high valuations, while OCBC may come to be viewed as the main value play among the 3 Singapore banks[SINGAPORE] During my brokerage...
Micro-Mechanics builds the tools behind the ‘next generation’ of chips worldwide
It sees opportunities in US and China as chip technology and global trends provide tailwinds[SINGAPORE] As he takes the helm of the company his father led for four decades,...
US flight delays, cancellations accelerate as air traffic controller shortages surge during shutdown
[WASHINGTON] Airlines cancelled more than 2,200 US flights on Sunday and Transportation Secretary Sean Duffy warned air travel will fall to a “trickle” in the run-up to the Thanksgiving holiday as...