Fashion
Unless things take a turn for the worse, the Fed seems comfortable to keep rates on pause indefinitely
[SINGAPORE] The US Federal Reserve does not want any part of US President Donald Trump’s trade war, and it is determined to sit on the sidelines until the extent of...
DBS shares jump more than 2% after earnings beat estimates
[SINGAPORE] DBS shares rose 2.1 per cent or S$0.88 on Thursday (May 8) to reach S$43.64 as at 11.26 am. It bucked the trend among the Singapore banks in...
Zombie oil supertanker in China points to Iran trade workarounds
[HONG KONG] After buckling under pressure from Beijing and Washington, the clandestine supply chain that carries Iranian crude to China is finding new workarounds.
A tanker identifying itself as Global...
Boeing vows to deliver new Air Force One by 2027, US official says
[WASHINGTON] A top US Air Force official said Boeing is proposing to deliver its new version of Air Force One by 2027 as officials look to satisfy US President...
Singapore stocks open weaker as Fed leaves rates unchanged; other Asian markets mixed
DBS up on Q1 results, dividend announcement; Reits among most actively traded counters fall in early trade[SINGAPORE] Singapore stocks opened weaker on Thursday (May 8) following the overnight announcement...
Great Eastern reports 13% higher Q1 profit of S$345.5 million
[SINGAPORE] Great Eastern on Thursday (May 8) posted a 13 per cent year-on-year increase in profit to S$345.5 million for the first quarter ended March, versus S$306.7 million previously....
Manulife profit rises as Asia, wealth management businesses see strong growth
Published Thu, May 8, 2025 · 08:13 AMMANULIFE Financial posted a 3 per cent jump in first-quarter profit on Wednesday, helped by the strong performance of its insurance business...
Robinhood plans blockchain to trade US assets in Europe
[NEW YORK] Robinhood Markets is developing a blockchain-based platform that will allow retail investors in Europe to trade US securities such as stocks, according to two sources familiar with...
DBS Q1 profit falls 2% to S$2.9 billion; pays S$0.75 per share in dividends
[SINGAPORE] DBS’ net profit for its first quarter fell due to higher tax expenses from the implementation of the 15 per cent global minimum tax, it said on Thursday...
Oil settles lower as hopes dim for US-China trade and supply worries ease
[NEW YORK] Oil prices fell by more than US$1 a barrel on Wednesday as investors doubted that upcoming US-China trade talks will result in a breakthrough, while hopes for an Iran-US...
US Fed holds back on rate cut, citing rising risk of higher inflation; economy is solid but faces tariff threat
[WASHINGTON] The Federal Reserve held interest rates steady on Wednesday but said the risks of higher inflation and unemployment had risen, further clouding the economic outlook as the US central...
