Fashion
A gold crash everyone saw coming lures bargain hunters worldwide
AS pictures of queues outside gold stores flooded social media over the past month, professional precious metals traders were getting increasingly nervous.Gold is “an overcrowded trade that’s overextended by...
Sora app’s hyperreal AI videos ignite online trust crisis as downloads surge
Scrolling through the Sora app can feel a bit like entering a real-life multiverse. Michael Jackson performs standup; the alien from the “Predator” movies flips burgers at McDonald’s; a...
Real estate directors continue to build interests
[SINGAPORE] Over the four trading sessions from Oct 17 to 23, institutions were net buyers of Singapore stocks, with net institutional inflow of S$57 million, partially reversing the S$167...
Europe: Shares close at record high on US data, trade hopes
[BENGALURU] European shares closed at a record high on Friday (Oct 24), boosted by cooler than expected US inflation data and hopes of an easing in US-Chinese trade tensions,...
US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s upbeat results offered a boost.At 9.30 am EDT, the Dow...
Singapore shares rise ahead of US-China meeting; STI up 0.1%
Across the broader market, gainers beat decliners 369 to 166, as 1.6 billion securities worth S$1.4 billion change hands[SINGAPORE] US President Donald Trump’s upcoming meeting with Chinese President Xi...
Intel shares jump as investments, cost cuts catapult turnaround efforts
INTEL shares surged nearly 9 per cent in premarket trading on Friday (Oct 24) as investors rallied behind CEO Tan Lip-Bu’s aggressive cost-cutting measures that helped the chipmaker surpass...
UBS reshuffles leadership as Credit Suisse integration nears end
Lender is in the middle of a battle with the Swiss government over how much capital it needs to set aside to prevent a similar crisis[ZURICH] UBS Group AG...
PropNex unit, agent sued by Hao Mart over Orchard Road lease for over S$3.5 million
[SINGAPORE] Supermarket chain Hao Mart has filed a lawsuit against a wholly owned unit of mainboard-listed PropNex and one of its agent, alleging misrepresentation in the leasing of the...
RHB lifts Frasers Centrepoint Trust target price by 10.2% on improved H2 earnings, asset enhancements
[SINGAPORE] RHB raised its target price for Frasers Centrepoint Trust (FCT) and maintained its “buy” rating, citing steady H2 earnings alongside tailwinds from asset enhancements and falling interest rates....
