Leadership
China’s Alibaba misses quarterly revenue estimates
ALIBABA Group Holding missed analysts’ estimates for quarterly sales on Friday (Nov 15), as lingering economic uncertainty sapped consumer spending in China and weighed on the e-commerce giant’s domestic...
Indonesia intervenes as rupiah nears 16,000 per dollar level
INDONESIA’S central bank intervened in currency markets to support the rupiah after it weakened towards the psychological level of 16,000 per US dollar.
Bank Indonesia is intervening in the...
Singapore stocks extend gains on Friday; STI up 0.2%
Across the broader market, 319 losers beat 254 gainers, with 1.2 billion securities worth S$1.3 billion changing handsSINGAPORE equities finished Friday (Nov 15) higher, extending two days of gains....
Iron ore slumps on China property concerns, firmer supply
IRON ore futures declined to their lowest level in nearly two months on Friday (Nov 15) and fell for the week, weighed down by weakness in China’s property sector,...
Goodwill Entertainment makes trading debut at S$0.21, 5% above IPO price
IPO proceeds will go towards expanding the business regionally and globally, among other usesKARAOKE operator Goodwill Entertainment commenced trading on the Catalist board on Friday (Nov 15). It opened...
Cordlife posts S$1.6 million Q3 net loss on revenue decline
CORDLIFE remained in the red for the third quarter ended September 2024, after having fallen into a net loss position for the first half of the fiscal year.On Thursday...
Stocks to watch: CapitaLand Ascendas Reit, Golden-Agri, ComfortDelGro, Prime US Reit, Cordlife
THE following companies saw new developments that may affect trading of their securities on Friday (Nov 15): CapitaLand Ascendas Reit: (Clar): Its manager on Friday said the real estate...
Nissan faces record debt bill with 1 year left to fix finances
Nissan Motor will have a year of breathing space in 2025 before hitting a record bond maturity wall as concerns mount about its ability to generate cash.The automaker and...
