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Australia’s CBA first-half profit beats estimates on strong asset quality, lending volume growth
COMMONWEALTH Bank of Australia’s (CBA) first-half cash earnings beat estimates on Wednesday (Feb 12), as lending volume growth and lower provisions for bad debts offset higher technology costs.Shares of...
Gold falls as traders hunker down for US inflation print
GOLD eased on Wednesday (Feb 12), after hitting an all-time high in the previous session on global trade war fears triggered by US President Donald Trump’s new tariffs, as...
Singapore shares rise at Wednesday’s open; STI up 0.5%
SINGAPORE shares began Wednesday (Feb 12) trading in positive territory as markets abroad logged mixed results. As at 9.01 am, the Straits Times Index (STI) was up 0.5 per cent...
Cordlife group CEO resigns, search for replacement ongoing
PRIVATE cord-blood bank Cordlife’s group chief executive officer Yiu Pang Fai, 35, has tendered his resignation “to pursue other opportunities” and its board of directors has accepted his decision. His...
Stocks to watch: SGX, FEHT, Wing Tai, PropNex, First Reit, QAF, Cordlife
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 12).
Singapore Exchange (SGX): The total securities market turnover value on the SGX...
Hong Kong’s latest bubble tea IPO mints another billionaire
CHINA’S insatiable appetite for bubble tea has spawned another billionaire.Guming Holdings’ US$233 million Hong Kong initial public offering (IPO) bolstered the value of the stake owned by its millennial...
JPMorgan adds buy-now, pay-later provider Klarna to its payments platform
JPMORGAN Chase’s payments processing unit is partnering with fintech Klarna to expand buy now, pay later (BNPL) options for its merchants.JPMorgan Payments will provide some 900,000 businesses the ability...
Charles Schwab expands 24-hour trading to all its retail clients
CHARLES Schwab is expanding overnight trading to all of its retail clients as it seeks to capture demand from investors piling into US stocks amid elevated prices.Schwab’s retail clients...
Listed companies can dial down on diversity; profits, financial prudence, shareholder treatment matter more
LIVING in multi-racial, multi-religious Singapore – where people hail from diverse nationalities and many are foreign-born – is fun. One can celebrate various festive occasions, learn about disparate cultures...
Elon Musk Drops Bombshell: Claims this Scam as ‘Biggest Eentitlement fraudver’ in American history
Elon Musk has alleged massive fraud in US federal entitlement programs, including Social Security. He made this claim on X (formerly Twitter), sparking widespread debate. Social Security benefits are...
