Leadership
Singapore shares rise on first trading day of 2025; STI up 0.4%
Across the broader market, losers beat gainers 284 to 246, with 812.8 million securities worth S$581.4 million changing hands SINGAPORE shares rose on Thursday (Jan 2) despite declines across...
Apple offers iPhone discounts in China as competition intensifies
APPLE is offering rare discounts of up to 500 yuan (S$93) on its latest iPhone models in China, as the US tech giant moves to defend its market share...
Musk’s X, Google yet to apply for Malaysia’s new social media license
ELON Musk’s X and Alphabet’s Google, which operates the video streaming platform YouTube, have not applied for a social media operating license under Malaysia’s new law which kicked in...
Asian LNG prices set to rise after Russia-Ukraine transit ends
THE end of Russian natural gas flows to Europe via Ukraine is likely to boost competition with Asia and prices for alternatives.Ukraine hopes increased supply of gas from the...
China may miss target for cleaning up largest steel industry
CHINA looks set to miss a year-end target for boosting production of less-polluting steel as usage rates for cleaner, newer furnaces stall and the property crisis weighs on demand...
Digital Core Reit to lose sole tenant at North Virginia property
DIGITAL Core Reit announced on Thursday (Jan 2) that the option to renew the lease for 8217 Linton Hall in Northern Virginia by the occupying customer expired and was...
Stocks to watch: Nio, SingPost, Digital Core Reit, Trendlines
THE following companies saw new developments that may affect the trading of their securities on Thursday (Jan 2):
Alibaba to sell Sun Art to buyout firm DCP for HK$12.3 billion
ALIBABA Group Holding agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile physical commerce asset to focus on its...
