Fashion
Ex-Federal Reserve’s Warsh highlights a path to lower rates, takes a fresh dig at the Fed
[PALO ALTO, California] Kevin Warsh, an apparent frontrunner to be US President Donald Trump’s pick to be the next chair of the Federal Reserve, on Friday suggested a possible pathway...
Oil prices post weekly gains on US-China trade talk optimism
[NEW YORK] Oil prices settled nearly 2 per cent higher on Friday and notched their first weekly gains since mid-April as a US trade deal with the United Kingdom turned investors...
US: Dow, S&P 500 edge lower ahead of China trade talks
Published Sat, May 10, 2025 · 06:07 AM[NEW YORK] The Dow and S&P 500 edged lower on Friday following a low-key session as markets awaited weekend US-China trade talks.US President...
Jumbo’s H1 profit down 10.6% at S$7.9 million amid heightened F&B competition
[SINGAPORE] Restaurant operator Jumbo Group reported a 10.6 per cent decline in profit to S$7.9 million for the six months ended March 31, down from S$8.9 million in the...
Nippon Steel expects profit to drop 43% this year, US steel decision by early June
[TOKYO] Nippon Steel expects net profit to slide 43 per cent in the fiscal year ending March 2026, it said on Friday (May 9), citing a weak global steel...
Aoxin Q&M appoints IFA for offer from Q&M Dental Group
[SINGAPORE] Catalist-listed Aoxin Q&M has appointed Hong Leong Finance as the independent financial adviser (IFA) for the mandatory unconditional cash offer made by Q&M Dental Group, said the board...
Analysts raise price targets on DBS after Q1 earnings
[SINGAPORE] Analysts raised price targets for shares of DBS, following its first quarter results release on Thursday (May 8).The bank’s net profit at S$2.9 billion for the three months...
Germany’s DAX Index hits record high after tariffs round trip
[FRANKFURT] Germany’s DAX Index became the first major European gauge to surpass its March record high, recouping all declines sparked by US President Donald Trump’s trade war.The stock index...
OCBC keeps 2025 guidance, but loan growth targets could be buffeted by headwinds: CEO Helen Wong
[SINGAPORE] OCBC is keeping its financial targets for 2025, but noted that its loan growth guidance of a mid-single digit will likely see the most headwinds, especially if the...
DBS, OCBC, UOB set aside extra allowances to account for heightened uncertainty
[SINGAPORE] The local banking trio have taken extra allowances in their first-quarter 2025 results amid a rise in uncertainty in the macroeconomic environment.DBS, OCBC and UOB each said this...
