News

Singapore shares fall as trade tariff concerns re-emerge overnight; STI down 0.7%
Across the broader market, losers beat gainers 379 to 226, after 2.1 billion securities worth S$2.4 billion are traded SINGAPORE stocks fell in tandem with other regional markets on...
Corporate governance risks and opportunities in CDL’s family feud
COMMON wisdom holds that independent directors in family-controlled listed companies are an essential safeguard against family members on the board and management colluding at the expense of minority shareholders....
Asian chip shares tumble on Nvidia earnings, tariff fears
A POOR market reception of Nvidia’s earnings and the spectre of additional US tariffs have knocked down Asian chip stocks, dragging Japan’s tech-heavy Nikkei average down to its lowest...
Genting Bhd, Genting Malaysia take big tumble after news of CEO change; Genting Singapore edges marginally lower
GENTING Bhd and Genting Malaysia shares plunged shortly after the market opened on Friday (Feb 28), after news broke on Thursday that Lim Kok Thay will step down as...
Genting Malaysia stocks tumble after news of CEO change; Singapore counter holds relatively steady despite heavy trading
GENTING Bhd and Genting Malaysia shares plunged shortly after the market opened on Friday (Feb 28), after news broke on Thursday that Lim Kok Thay will step down as...
Indonesia to strongly intervene as rupiah drops to five-year low
The currency has slumped almost 3 per cent this year in the worst performance among major emerging-Asian peersINDONESIA’S central bank pledged to intervene strongly in markets on Friday (Feb...
Bank of Japan vows to keep tapering bond buying despite rise in yields
THE Bank of Japan (BOJ) will keep tapering its government bond purchases despite recent rises in yields, deputy governor Shinichi Uchida said on Friday (Feb 28), stressing its huge...
JD.com’s food delivery foray unnerves investors as shares lag
INVESTORS in shares of JD.com face a gut check in next week’s earnings report from the online retailer as it girds for battle in the food-delivery space currently dominated...
Singapore hedge fund with 33% gain bets big on Suzuki Motor
Suzuki’s shares have more than doubled since a 2022 low, beating the MSCI world auto benchmark’s 2.9 per cent riseA SINGAPORE-BASED hedge fund that beat the market with a...
Australia’s Star Entertainment expects to get liquidity offers, shares slump on pending results
The company is expected to report an underlying loss of A$79.5 million for the six months ended Dec 31, according to Visible Alpha consensus estimatesCASINO operator Star Entertainment said...
Olam H2 profit falls 83.4% to S$38.4 million; pares proposed dividend to S$0.03 per share
Company blames earnings slide on higher net finance costs, exceptional losses in a ‘tough year for the industry’AGRIBUSINESS giant Olam Group on Friday (Feb 28) reported a net profit...
Seven & i plots Europe growth as Couche-Tard bid pressure mounts
SEVEN & i Holdings is seeking deals in Europe to bolster growth abroad as the retailer faces increased pressure to consider a proposed takeover by Canada’s Alimentation Couche-Tard. The...