Leadership
Nasdaq bullish momentum slowing?
THE Nasdaq-100 Index performance has been stellar in 2024, rising 20.25 per cent as at Oct 24, reaching 20,232.87 points. Although slightly below its July peak, the index has remained...
E coli infections tied to McDonald’s burgers in US rise to 75
The number of people infected by the E coli outbreak tied to McDonald’s Quarter Pounder hamburgers increased to 75 from 49, the US Food and Drug Administration (FDA) said...
US: Stocks mixed amid election uncertainty
Wall Street stocks finished mixed following a meandering session that pointed to cautiousness ahead of the US presidential election. Besides the neck-and-neck US election, investors are looking ahead to...
US: Wall Streets opens higher as yields ease
Wall Street’s main indexes opened higher on Friday (Oct 25), as Treasury yields eased and investors looked ahead to quarterly results from some of the biggest companies.The Dow Jones...
iFast Q3 net profit rises 97.3% to S$16.8 million on overall revenue growth
DIGITAL bank and wealth management platform iFast posted a 97.3 per cent rise in net profit to S$16.8 million for its third quarter ended Sep 30, 2024, from S$8.5...
Singapore restaurants warn of losses amid challenging business environment
CATALIST-listed restaurant groups Tung Lok Restaurants and Japan Foods Holding (JFH) separately issued profit warnings on Friday (Oct 25), underscoring the challenges that restaurant operators are facing.The food businesses...
Brokers’ take: RHB raises ISOTeam target price on strong order book, positive outlook
RHB raised its target price for building maintenance company ISOTeam to S$0.07 from S$0.048, while maintaining its “buy” call on the counter. This comes as the research house maintains its...
Stocks to watch: MPACT, Frasers Centrepoint Trust, Suntec Reit, CapitaLand India Trust
THE following companies saw new developments that may affect trading of their securities on Friday (Oct 25):
Mapletree Pan Asia Commercial Trust (MPACT): Its distribution per unit (DPU) fell...
