News

Record growth of single family offices may be over but new entrants likely to be wealthier
Some observers say number may even decline on stricter requirements, rising competitionSINGAPORE may see a slowdown in the growth of the number of family offices ahead as the Republic...
US$3,000 milestone in sight for gold
GOLD started the year on a bullish note, breaking above the previous high of US$2,790 per ounce on Jan 30 and notching new highs in the trading sessions thereafter....
Cash-rich PropNex could sweeten shareholder returns with special dividend
Market leader is leveraging technology to build business moat as it strives to stay ahead“THIS year is going to be a good year,” said PropNex executive chairman and chief...
Sony to offer PlayStation Plus users five-day extension after global outage
SONY said on Sunday (Feb 9) that all PlayStation Plus members would automatically receive an additional five days of service, after a global outage disrupted the PlayStation Network (PSN)...
Zheneng Jinjiang Environment guides for ‘significant increase’ in comprehensive income for H2
Anticipated rise attributed mainly to the absence of significant impairment losses that were recorded as at Dec 31, 2023 WASTE treatment group Zheneng Jinjiang Environment on Saturday (Feb 8)...
Directors raise interests in S-Reit & property trust sector
OVER the five trading sessions from Jan 31 to Feb 6, institutions were net sellers of Singapore stocks, leading to net institutional outflow of S$169 million. This brings the...
Occupancy remains high for S-Reits’ Singapore retail assets
REAL estate investment trusts with retail assets in Singapore (S-Reits) continued to post strong committed occupancy and positive rental reversions in their latest reporting period ended December.The robust operating...
Airbus and Boeing eye India’s ‘soaring skies’
Air traffic is booming in India, even though only a tiny fraction of its people fly each year, and manufacturers are seeking lucrative deals at the flagship Aero India...
Bitcoin lags behind gold as Trump’s trade war spurs safe haven demand
After outperforming most asset classes in 2024, Bitcoin now finds itself under pressure as Donald Trump’s White House return and heightened geopolitical instability spark a rush for safe haven...
US: Wall Street slides, Treasury yields rise on mixed data, renewed tariff threats
Wall Street ended sharply lower and benchmark Treasury yields jumped on Friday (Feb 7) in the wake of a mixed US payrolls report, weak consumer sentiment data and revived...
Porsche warns pullback from EVs will drag on profit this year
Challenges with making the jump to EVs has cost the company dearly in China, where deliveries have droppedPORSCHE will take an 800 million euros (S$1.1 billion) hit linked to...
US: Wall St muted at open after jobs data
WALL Street’s main indexes opened flat on Friday (Feb 7), as investors expected the Federal Reserve to take a more cautious stance on interest rates after the latest batch...