Fashion
SGX falls 5.8% as initial MAS review group proposals dampen earlier optimism; Citi downgrades stock to ‘sell’
The counter could potentially give up much of its gains since unveiling its first-half resultsSHARES of Singapore Exchange (SGX) fell as much as 6.3 per cent or S$0.85 to...
Yahoo News signs up influencers with promise of shared advertising sales
YAHOO has signed up nearly 100 YouTube, TikTok and Instagram creators to draw traffic to its website, recognition that millions of people rely on social media influencers to stay informed.The online...
Singapore shares retreat at Friday’s open; STI down 0.2%
SINGAPORE stocks declined on Friday (Feb 14) morning, despite data from the Ministry of Trade and Industry showing that the city-state’s economy grew 4.4 per cent in 2024. It...
Cathay Cineplexes’ rental arrears unlikely to impact FCT’s bottom line
DELAYED rental payments by cinema operator Cathay Cineplexes to its landlord Frasers Centrepoint Trust (FCT) will not significantly impact the trust’s bottom line. Nevertheless, this could indicate a “structural...
US: Wall St opens higher after producer prices data
Wall Street’s main indexes opened higher on Thursday (Feb 13) as investors parsed the latest producer prices data, while the prospect of Russia-Ukraine peace talks spurred some risk-taking.The Dow...
Civmec’s H1 FY2025 net profit falls 16.9% to A$26.5 million
CONSTRUCTION and engineering services provider Civmec posted a net profit of A$26.5 million for H1 FY2025, marking a 16.9 per cent decline from A$31.9 million in the year-ago period.The...
Ellipsiz appoints David Lum as adviser
ENGINEERING and service solutions firm Ellipsiz will appoint businessman David Lum as an adviser.In a bourse filing on Thursday (Feb 13), the mainboard-listed group said that it entered into...
Pension segment and new licence to grow wealth management business: iFast CEO
THE core wealth management business of iFast recovered in 2024, with net inflows of S$3.3 billion compared to S$2 billion the year prior.Gross unit trust subscription increased to S$7.4...
Alibaba to partner with Apple on AI features, sending shares to 3-year high
ALIBABA will partner with Apple to support iPhones’ AI services offering in China, its chairman said on Thursday (Feb 13), a move likely to help the US company ease...
Honda and Nissan say merger talks called off
Japanese auto giants Honda and Nissan confirmed on Thursday (Feb 13) they had scrapped merger talks announced in December, ending a tie-up that would have created the world’s third-largest...
