Entrepreneurship
Singapore shares close higher ahead of GE2025; STI up 0.3%
[SINGAPORE] Stocks on the local bourse ended higher on Friday (May 2), a day before Singaporeans head to the polls.The Straits Times Index (STI) gained 0.3 per cent or 12.63...
Shell Q1 profit drops 28%, beats estimates, keeps share buybacks steady
[LONDON] Shell reported a 28 per cent drop in first-quarter net profit to US$5.58 billion on Friday (May 2), beating analyst expectations, while it held steady the pace of...
Shorter-duration bonds shine in Asia as Trump’s tariffs roil markets
[SINGAPORE] US President Donald Trump’s tariffs shook markets across asset classes, sending investors searching for shelter. Some landed on cash, some on gold, but some money managers are finding...
Gold set for worst week in more than two months; US jobs data eyed
GOLD prices were poised for their worst weekly performance in more than two months on Friday as receding trade tensions tempered safe-haven demand, while the market’s focus shifted to the...
Stocks to watch: CapitaLand Investment, Nio, MIT, Jardine Cycle & Carriage, iFast, Sasseur Reit, Elite UK Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 2).CapitaLand Investment (CLI): The real estate investment manager reported a total revenue...
Adani Group gets Modi’s blessing as it expands mega India port
INDIA Prime Minister Narendra Modi is set to flag off the second phase of Adani Group’s mega port in Kerala on Friday, showcasing the solid political support for billionaire...
US tariffs provide opportunities for Greenlink Digital Bank: chairman
[SINGAPORE] The continued uncertainty with US tariffs could provide more opportunities rather than challenges to Greenlink Digital Bank (GLDB).
GLDB chairman Geng Jing believes that the tariffs could spur deeper...
Apple expects US$900 million tariff hit as it shifts US iPhone supply to India
[SAN FRANCISCO] Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and was disrupting its supply chain.Apple expects US tariffs to...
Instacart forecasts upbeat quarterly core profit on online grocery delivery demand
INSTACART forecast second-quarter core profit above Wall Street estimates on Thursday, betting on resilient demand for grocery and food on its delivery platform as more people shop online.Shares of...
US: Stocks boosted by gains in Microsoft, Meta
[NEW YORK] WALL Street stocks rallied on Thursday after strong results from Microsoft and Facebook parent Meta offset lingering worries about an economic slowdown.Microsoft surged 7.6 per cent following results showcasing...
