News
Commonwealth Bank of Australia reports higher cash profit, stable margin in third quarter
COMMONWEALTH Bank of Australia (CBA) reported a 6 per cent rise in third-quarter cash earnings on Wednesday, helped by growth in lending volumes and higher trading income, and said...
Samsung Electronics to buy FlaktGroup for 1.5 billion euros
Published Wed, May 14, 2025 · 08:53 AM[SEOUL] South Korea’s Samsung Electronics said on Wednesday that it has agreed to acquire all shares of FlaktGroup, a German maker of...
Global EV sales rise in April despite trade disruptions: Rho Motion data
GLOBAL sales of electric and plug-in hybrid vehicles rose 29 per cent year-on-year in April, with stable growth in China and Europe despite trade tensions, while North America recorded...
Sri Trang Agro-Industry back in the black with Q1 profit of 688.7 million baht
[SINGAPORE] Rubber group Sri Trang Agro-Industry posted a net profit of 688.7 million baht (S$27 million) in the first quarter ended Mar 31. This was a reversal from the net...
US: Wall St muted at open after April inflation data
Published Tue, May 13, 2025 · 09:41 PM[NEW YORK] Wall Street’s main indexes were subdued at the open on Tuesday (May 13), as investors assessed the latest inflation numbers and...
Sri Trang Gloves net profit rises to 424.2 million baht in Q1
[SINGAPORE] Sri Trang Gloves (Thailand) posted a net profit of 424.2 million baht (S$16.7 million) in the first quarter ended Mar 31, a 189 per cent increase from 146.8...
Sea swings into the black in Q1 with US$410.8 million profit
[SINGAPORE] Sea reported first-quarter 2025 earnings of US$410.8 million, reversing from a loss of US$23 million in Q1 2024 on Tuesday (May 13).Revenue for the quarter rose 29.6 per...
Singapore stocks rise after breakthrough in US-China talks; STI edges up 0.1%
[SINGAPORE] Local stocks finished Tuesday (May 13) higher after the United States and China announced they would temporarily lower tariffs on each other’s products in a 90-day cool-off period....
SGX securities daily average volume in April hits 5-year high
[SINGAPORE] The total securities market turnover value on the Singapore Exchange (SGX) increased 59 per cent to S$40.6 billion in April, on record foreign exchange (FX) futures and exchange-traded...