News
Forward guidance: Why it matters and how to get it right
With clear communication on anticipated earnings and business strategies, listed companies can signal confidence and build credibilityINVESTORS do not just focus on a company’s past performance; they also buy...
US firms regain optimism on China after Trump-Xi trade truce
[BEIJING] US companies are more upbeat about doing business in China after a trade truce between US President Donald Trump and Chinese leader Xi Jinping, according to a survey...
Wall Street opens higher as chip stocks shine
[NEW YORK] Wall Street’s main indexes rose at market open on Thursday (Jan 15) after TSMC’s blockbuster quarterly results ignited a rally in chipmakers, while investors parsed earnings from...
Lum Chang expects significantly improved H1 FY2026 net profit on interior fit-out business strength
Group is set to release its financial results for the first half-year on or about Feb 12[SINGAPORE] Lum Chang Holdings (LCH) announced in a Thursday (Jan 15) profit guidance...
Volvo identifies battery fire risk in EX30 Ultra EVs; owners told to limit charging to 70%
[SINGAPORE] Some 143 owners of the Volvo EX30 Ultra electric car in Singapore are being advised not to charge their vehicles beyond 70 per cent due to a fire risk...
Gold slips as profit-taking, softer geopolitical tone hit safe-haven demand
[BENGALURU] Gold slipped on Thursday (Jan 15) as investors booked profits after three consecutive sessions of record highs, while an apparent softer tone from US President Donald Trump on...
Why is Meta laying off workers again?
Social media giant Meta said it’s cutting more than 1,000 workers and closing several content studios as it focuses its efforts on artificial intelligence-powered wearables such as smart glasses....
Wall Street slides at open as investors assess results from big banks
[NEW YORK] Wall Street’s main indexes fell at the open on Wednesday (Jan 14) as investors digested earnings from Bank of America and Citigroup, while retail sales and producer...
Jollibee CFO says growth supports 2027 US listing of international arm
The international business accounts for 6,800 of 10,300 stores by the end of last year’s third quarter[MANILA/SINGAPORE] Jollibee Foods’ international business is “ready to be a standalone”, its global...
‘Are you dead?’ Chinese app for single living goes viral
[HONG KONG] An app called “Are you dead” targeted at people living alone has gone viral in China, with surging downloads and widespread commentary on social media, prompting the...
