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US Treasuries end week on high note on demand for safer bets
US Treasuries end week on high note on demand for safer bets
A LATE rally in the US Treasury market pushed the yield on 10-year notes lower for a sixth-straight week as traders hunt for safety amid lower stock and oil...
Oil settles down US, posting weekly loss as Middle East risk premium fades
Oil settles down US$2, posting weekly loss as Middle East risk premium fades
OIL prices settled down more than US$2 a barrel on Friday (Feb 21), posting a weekly decline as investors grappled with a fading Middle East risk premium alongside uncertainty...
Greenback recovers as markets in consolidation mode; pares gains after data
Greenback recovers as markets in consolidation mode; pares gains after data
The US dollar rose against a broad range of currencies on Friday (Feb 21) including the euro, sterling and those tied to commodities such as the Australian dollar, as...
US: Wall Street ends sharply lower on mounting concerns over economy, tariffs
US: Wall Street ends sharply lower on mounting concerns over economy, tariffs
US stocks tumbled on Friday (Feb 21), extending their sell-off in the wake of dour economic reports and closing the book on a holiday-shortened week fraught with new tariff...
Disclosure-based regulatory system and investor protection ‘not mutually exclusive’: Chee Hong Tat
Disclosure-based regulatory system and investor protection ‘not mutually exclusive’: Chee Hong Tat
THE move towards a more disclosure-based regulatory system for Singapore’s equity market does not mean that protection for investors will be relaxed, said Chee Hong Tat, the Second Minister...
Sats posts 123.5% rise in Q3 net profit on higher business volume, rate increases
Sats posts 123.5% rise in Q3 net profit on higher business volume, rate increases
CATERING and ground handling company Sats posted a 123.5 per cent increase in net profit to S$70.4 million for the quarter ended Dec 31, 2024, from S$31.5 million a...
Singapore stocks end up on Friday as regional indices gain ground; STI expands 0.1%
Singapore stocks end up on Friday as regional indices gain ground; STI expands 0.1%
SINGAPORE equities finished higher on Friday (Feb 21) amid regional gains and a flurry of earnings reports. The benchmark Straits Times Index added 0.1 per cent or 2.43 points...
Trust Bank hits one million customers, launches investment products
Trust Bank hits one million customers, launches investment products
SINGAPORE digital bank Trust Bank has hit the one-million-customer milestone, making up about 20 per cent of the adult population in the city-state. It crossed the milestone in February,...
StanChart CEO Winters’ 2024 pay jumps 46% on-year
StanChart CEO Winters’ 2024 pay jumps 46% on-year
The surge in total remuneration comes mainly from a nearly 78% increase in the long-term incentive awardSTANDARD Chartered chief executive officer Bill Winters’ total salary for 2024 came up...
Jefferies hires two senior traders from CLSA in Asia push
Jefferies hires two senior traders from CLSA in Asia push
JEFFERIES Financial Group hired two senior traders from CLSA, building out in Asia-Pacific after its revenue in the region jumped last year, a source familiar with the matter said....