Posts by Liam Redmond
Singapore’s STI breaks through to a new record as banks hit fresh highs
The three banks, which contribute to about half of the STI, have hit highs multiple times in the past year SINGAPORE’s Straits Times Index (STI) has broken through to a new record high on Monday (Feb 10). The index traded as high as 3,912.38 just after the open. Its last record was 3,906.16 on Oct…
Read MoreGold hovers near all-time highs as Trump’s tariff threats lift safe-haven demand
GOLD prices firmed on Monday (Feb 10), and hovered near a record high hit in the previous session, as investors sought refuge in the safe-haven asset after US President Donald Trump’s decision to impose fresh tariffs sparked concerns of a global trade war. Spot gold was up 0.3 per cent at US$2,868.66 per ounce, as…
Read MoreDBS announces capital return dividend; to pay S$1,000 bonus to all staff except senior managers
Its full-year net profit is at a new record high of S$11.29 billion, up 12% from the year-ago period DBS has set aside S$32 million to be issued as special one-time bonus of S$1,000 to all staff except senior managers, it said on Monday (Feb 10). “A special one-time bonus of S$1,000 each will be…
Read MoreSZA is all laced up in red leather for Super Bowl 2025 halftime show with Kendrick Lamar
This is certainly no “Snooze.” SZA joined headliner Kendrick Lamar during his halftime performance at the Super Bowl 2025 to sing “Luther” and “All the Stars,” dressed in an all-red leather look that included lace-up pants, a matching jacket and a shredded tank top. The R&B star accessorized with a fur hip belt and red…
Read MoreDBS shares vault past S$46 in intraday trading on strong results, capital return dividend plan
SHARES of DBS rose to a historic level after it announced an additional dividend payout for FY2025 on top of its regular dividends, alongside yet another record full-year net profit. The counter climbed as much as 4.1 per cent or S$1.82 to reach an intraday and all-time high of S$46.50 shortly after market opened on…
Read MoreDBS crosses S$46 for first time on strong results and capital return dividend plan
SHARES of DBS rose to a historic level after it announced a capital return dividend of S$0.15 per share per quarter to be paid out over FY2025 alongside its fourth-quarter results, which saw full-year net profit hit a new record of S$11.29 billion. As at 9.02 am, the counter climbed 4.1 per cent or S$1.82…
Read MoreDBS crosses S$46 for first time to hit new high on strong results and capital return dividend plan
SHARES of DBS rose to a historic level after it announced a capital return dividend of S$0.15 per share per quarter to be paid out over FY2025 alongside its fourth-quarter results, which saw full-year net profit hit a new record of S$11.29 billion. As at 9.02 am, the counter climbed 4.1 per cent or S$1.82…
Read MoreSingapore shares rise, with DBS driving gains; STI up 0.4%
SINGAPORE stocks closed higher on Monday (Feb 10) as investors cheered another round of record-breaking earnings reported by DBS, the largest local bank. The Straits Times Index (STI) was up 0.4 per cent or 13.71 points at 3,875.13. Across the broader market, gainers outnumbered losers 293 to 269, after 1.3 billion securities worth S$1.4 billion…
Read MoreTeam Fluff wins the 2025 Puppy Bowl
Team Fluff wins the 2025 Puppy Bowl (Video) | New York Post Next Previous Source link
Read MoreBrookfield to spend 20 billion euros on France’s AI infrastructure
BROOKFIELD Asset Management plans to invest 20 billion euros (S$20.7 billion) to develop data centres and artificial intelligence (AI) infrastructure in France over the next five years, as the competition to dominate AI intensifies among global powers. The New York-based investment firm has allocated 15 billion euros to data centre investments, which will be led…
Read MoreElite UK Reit posts 5.8% rise in H2 DPU to 1.47 pence
THE manager of Elite UK Reit on Monday (Feb 10) posted a distribution per unit (DPU) of 1.47 pence for the second half (H2) ended Dec 31, representing a payout ratio of 95 per cent. This was 5.8 per cent higher than the 1.33 pence paid in the year-ago period, which was based on a…
Read MoreAustralia’s Star Entertainment rises on bids for its Brisbane joint venture
Destination Brisbane Consortium is a joint venture between Star Entertainment and its Hong Kong partners, Chow Tai Fook Enterprises and Far East Consortium SHARES of Australia’s Star Entertainment Group rose on Monday (Feb 10) after the embattled casino operator said it received separate offers from its Hong Kong-based investors to acquire a 50 per cent…
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