News
Stocks to watch: Olam, Raffles Medical, Sats, UOB, CapitaLand India Trust, Venture
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 24):Olam: The group on Monday announced that it will sell its remaining 64.57...
Gold market ructions drive Singapore exports to the US
GOLD shipments from Singapore to the US climbed to the highest level in almost three years in January, a further sign of the ructions in bullion trading after pricing...
Qatar signs deal with Scale AI to use AI to boost government services
Scale AI will develop more than 50 possible uses of AI for Qatar’s government over the next five yearsQATAR’S government has signed a five-year deal with artificial intelligence (AI)...
Nasdaq soars to new heights: What investors should know
ON FEB 19, both the S&P 500 and Nasdaq-100 achieved record highs, climbing by 0.2 per cent and 0.1 per cent, respectively. Their upward movements occurred as investors assessed...
Malaysia expects its palm exports to China to be ‘resilient’ amid price pressure
MALAYSIA-PALM/CHINA:Malaysia expects its palm exports to China to be 'resilient' amid price pressureMalaysian palm oil exports to China will “remain resilient” this year despite their premium over rival oils...
Shein’s annual profit down by more than a third: report
Online fast-fashion retailer Shein’s profit dropped by more than a third last year, adding to its challenges ahead of a planned listing on the London Stock Exchange, the Financial...
European tech sector sees unexpected rebound on AI windfall
European technology giants are exceeding expectations this quarter, joining financial and healthcare companies as one of the reporting season’s best-performing segments. Buoyed by artificial intelligence (AI) demand, the technology sub-sector...
Warren Buffett sounds warning to Washington as Berkshire reports record profit, cash
Berkshire Hathaway on Saturday (Feb 22) reported record annual profits and boosting its cash stake to US$334.2 billion, as Warren Buffett used his annual shareholder letter to caution Washington...
Healthcare S-Reits are here to stay
HEALTHCARE real estate investment trusts (Reits) have been the best-performing Reit subsector in the year to date as at Feb 20, recording an average total return of 2.8 per...