Leadership
Singapore shares rise at Thursday’s open; STI up 0.4%
SINGAPORE shares started trading in positive territories on Thursday (Feb 6), mirroring global markets.As at 9.01 am, the Straits Times Index (STI) was up 0.4 per cent or 16.69...
SGX’s H1 net profit rises 20.7% to S$340 million
Cash equities and equity derivatives segment leads the group’s broad-based performanceTHE Singapore Exchange (SGX) on Thursday (Feb 6) posted a net profit of S$340 million for the first half...
SoftBank nears deal to acquire chip designer Ampere
SOFTBANK Group is in advanced talks to acquire Ampere Computing, sources familiar with the matter said.The Japanese company is discussing a deal that could value the Oracle-backed chip designer...
Ford sees sharp profit drop as Trump tariff, EV threats loom
FORD Motor warned that profit may fall by US$2 billion or more this year on an expected drop in vehicle prices and costly new-model launches, adding to risks posed...
Why Sabana Reit should hold off on asset sales for now
Such action would have been more appropriate when Sabana Reit tried to merge with ESR Reit in 2020, or when it first started the perilous ‘internalisation’ journey in 2023MANY...
Vanguard’s record fee cuts tighten screws on BlackRock, Invesco
VANGUARD Group’s biggest salvo yet in its campaign to cut fees for the investing masses presents industry rivals with a painful choice. Follow suit and lose potentially hundreds of...
Google shares plummet after earnings disappoint
Just a few minutes after trading opened in New York, shares in Google-parent Alphabet were down 7.16%Shares in Google dropped by more than seven per cent on Wall Street...
Uber’s fourth-quarter earnings miss overshadows bookings growth
UBER Technologies reported weaker-than-expected fourth-quarter earnings and operating income, overshadowing steady bookings growth.Adjusted earnings before interest, taxes, depreciation and amortisation were US$1.84 billion, just shy of the US$1.85 billion...
Over 500 investors start claims process against Switzerland for Credit Suisse AT1 write-down: Singapore law firm
They are claiming losses amounting to about US$250 million, making it the the largest claim against the European country in treaty arbitration to dateMORE than 500 investors have started...
