Leadership
Bitcoin leaps to record high as traders lean towards Trump victory
BITCOIN surged to a record high in Asia trade as investors leaned towards Donald Trump winning the US presidency.
The world’s biggest cryptocurrency rose 7 per cent to US$75,060, topping...
Singapore shares open higher on Wednesday; STI up 0.5%
SINGAPORE shares began Wednesday (Nov 6) trading in positive territory, mirroring overnight gains in markets abroad. As at 9.01 am, the Straits Times Index (STI) was up 0.5 per cent...
SingPost’s H1 profit rises 97.3% to S$22.6 million; declares S$0.0034 per share interim dividend
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,...
Altcoins become crypto’s biggest risk trade as US election draws to a close
AFTER generally underperforming Bitcoin during much of this year, smaller cryptocurrencies such as Doge and Solana may end up having the most at stake following the conclusion of the...
Super Micro slips on sales outlook that falls short of estimates
SUPER Micro Computer gave a sales forecast that fell short of analysts’ estimates while saying it could not predict when it would file official financial statements for its previous...
Emerging trends in accounting with AI and ESG
The accounting profession is undergoing significant transformation driven by the rise of artificial intelligence (AI) and growing emphasis on environmental, social and governance (ESG) factors. AI is streamlining processes from...
European banks’ commercial real estate exposures ‘visibly deteriorating,’ ECB finds
BANKS in the euro region have about 1.3 trillion euros (US$1.4 billion) in outstanding loans to commercial real estate investors and credit quality is “visibly deteriorating,” European Central Bank...
Yum Brands reports surprise fall in global sales amid KFC’s struggles in US
YUM Brands reported a surprise fall in worldwide same-store sales on Tuesday (Nov 5) as its KFC chain grapples with sluggish demand in the US, as well as choppy...
