Posts by Riah Marton
Gold subdued as investors await US election outcome
GOLD prices were muted on Wednesday (Oct 6), as investors held back from taking big positions until the US election’s outcome was known and shifted focus to the Federal Reserve’s upcoming meeting. Spot gold fell 0.2 per cent to US$2,738.89 per ounce, as at 0051 GMT. Bullion hit a record high of US$2,790.15 last Thursday. …
Read MoreGold falls as Trump’s decisive election win drives up US dollar
Bullion tumbled as much as 1.5% as Trump’s victory rippled through global markets Gold fell on a surging dollar as Republican Donald Trump was elected back to the White House after one of the tightest presidential races in years. Bullion tumbled as much as 1.5 per cent as Trump’s victory rippled through global markets, with…
Read MoreManulife US Reit’s portfolio occupancy falls to 77% in Q3
MANULIFE US Real Estate Investment Trust (MUST) posted a portfolio occupancy of 77 per cent for its third quarter ended September, down from 78.4 per cent in the previous quarter. This follows the divestment of an office property located in Sacramento, California, for US$117 million. The asset involved 501,308 square feet (sq ft) of net…
Read MoreReturn-to-office debate: Amazon CEO denies full in-office mandate is ‘backdoor layoff’
AMAZON CEO Andy Jassy said at an all-hands meeting on Tuesday (Nov 5) that the plan to require employees to be in-office five days per week is not meant to force attrition or satisfy city leaders, as many employees have suggested. The controversial plan mandating workers come to Amazon offices every day starting next year,…
Read MoreSister Wives’ Janelle Brown Details Years-Long Estrangement Between Meri and Kody Brown – E! Online
“She looked like a soccer mom,” Kody Brown once joked on Sister Wives of meeting then-single mom Robyn in 2009. “She had a van, three kids and was divorced. I thought, ‘I didn’t need a van, a divorced woman, and three kids in my life—that’s just trouble.’” Nearly a decade and a half on, though, they’re still…
Read MoreSingPost’s H1 profit rises 97.3% to S$22.6 million; declares higher interim dividend of S$0.0034 per share
SINGPOST’S net profit for the first half ended September nearly doubled to S$22.6 million on higher revenue. This represented a 97.3 per cent increase from S$11.5 million in H1 FY2023, as revenue rose 20 per cent to S$992.4 million from S$827.3 million a year prior. Earnings per share (EPS) excluding distributions to perpetual securities holders…
Read MoreStocks to watch: Singtel, Prudential, Singapore Airlines Engineering Company, CapitaLand Investment, SingPost
THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 6): Singtel: A China state-linked hacking group that breached the telco giant in June was part of a global campaign targeting telco companies and critical infrastructure operators, reported Bloomberg News on Tuesday. The breach is thought to have been…
Read MorePrudential posts 11% rise in 9-month new business profit
ASIA-FOCUSED insurer Prudential recorded new business profit of US$2.3 billion for the nine months ended September 2024. This is up 11 per cent on a constant exchange rate basis and including economic impacts. Excluding economic impacts, new business profit, on a constant exchange rate basis, for the period would have been up 9 per cent.…
Read MoreNvidia rides AI wave to pass Apple as world’s largest company
NVIDIA became the largest company in the world on Tuesday (Nov 5), surpassing Apple and underscoring just how dominant artificial intelligence (AI) has become on Wall Street. Shares rose 2.9 per cent to US$139.93, resulting in a market capitalisation of US$3.43 trillion, ahead of Apple at US$3.38 trillion. Microsoft, which Nvidia passed last month, has…
Read MoreOklahoma Murder Case: Jilian Kelley’s Cause of Death Revealed After Body Found in Freezer – E! Online
New details are emerging about a grisly murder case. Investigators looking into the murders of Jilian Kelley, 39, and Veronica Butler, 27, whose bodies were found in a freezer in Oklahoma two weeks after they were reported missing in March, are saying they now believe the women were killed to put an end to a…
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