News
Greenback set for weekly gain amid US trade deal optimism
THE US dollar was on track for a weekly gain against major currencies, including the Swiss franc, yen and euro on Friday (May 9), after a US-UK trade deal...
Manulife US Reit divesting Atlanta property for US$133.8 million to repay loans due 2026
[SINGAPORE] The manager of Manulife US real estate investment trust (Reit) announced on Sunday (May 11) that it has agreed to sell Peachtree, a 28-storey Class A office building...
Alphabet shares take US$138 billion blow as search warnings blare
FOR more than a year, Alphabet shareholders have fretted over long-term risks posed by artificial intelligence (AI) to the company’s money-printing search business. Last week the threat became much...
Director filings across financials, real estate and Singapore’s largest private dental group
OVER the five trading sessions from May 2 to May 8 institutions were net buyers of Singapore stocks, with net institutional inflow of SS$123 million, adding to the S$56...
Federal Reserve’s Cook warns tariffs could lower productivity, feed inflation
Published Sat, May 10, 2025 · 08:28 AM[PALO ALTO, California] President Donald Trump’s unfolding trade policy may curb US productivity and possibly require higher interest rates to contain inflation...
Ex-Fed’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...
Europe: Stoxx 600 up, Germany’s DAX at record peak on trade deal optimism
EUROPEAN shares extended gains on Friday, with Germany’s DAX index closing at an all-time high, as signs of easing global trade war relieved investors as they looked ahead to discussions...
US: Wall St opens higher ahead of US-China weekend meet
Published Fri, May 9, 2025 · 10:15 PM[NEW YORK] Wall Street’s main indexes opened higher on Friday (May 9) as investors assessed fresh remarks from President Donald Trump regarding...
ThaiBev Q2 profit down 3.2% at 6.7 billion baht; declares dividend of 0.15 baht per share
[SINGAPORE] Chang beer maker Thai Beverage (ThaiBev) on Friday (May 9) announced that its profit for the second quarter ended Mar 31, 2025, decreased 3.2 per cent on year...
StarHub Q1 profit falls 18.4% to S$31.8 million
[SINGAPORE] Telco StarHub on Friday (May 9) reported profit of S$31.8 million for the first quarter ended Mar 31, 2025, sliding 18.4 per cent from S$38.9 million in the...
