Leadership
Gold extends gains over 1% as US PPI data solidifies rate cut hopes
GOLD rose over 1 per cent on Friday (Oct 11) after a US inflation data cemented prospects of a rate cut next month, restraining the dollar below recent highs,...
Global sugar market will flip into deficit this season: Sucden
THE global sugar market is will flip into a deficit of nearly two million tonnes this season as the upcoming crop in top grower Brazil has started on a...
Stellantis’ top level shake-up fails to stem share slide
SHARES in French-Italian automaker Stellantis resumed their decline on Friday (Oct 11) after the carmaker said CEO Carlos Tavares would retire in 2026 and announced wide management changes which...
US: Wall Street mixed after PPI data; Tesla weighs on Nasdaq
US stock indexes were mixed at the open on Friday (Oct 11), as traders kept bets on a 25-basis-point Federal Reserve rate cut in November intact after producer prices...
US: Wall Street mixed after PPI data; Tesla weighs on Nasdaq
US stock indexes were mixed at the open on Friday (Oct 11), as traders kept bets on a 25-basis-point Federal Reserve rate cut in November intact after producer prices...
CapitaLand Ascendas Reit to divest industrial asset in Singapore at S$45.3 million premium
CAPITALAND Ascendas Reit (Clar) is divesting an industrial property at 21 Jalan Buroh in Singapore for S$112.8 million. This is nearly double the original purchase price of S$58.4 million, when...
Wells Fargo profit beats forecasts as provisions shrink, shares rise
WELLS Fargo’s profit beat analysts’ expectations in the third quarter, helped by resilience in wealth management and lower provisions for credit losses, which sent its shares up 3.5 per...
BlackRock hits US$11.5 trillion of assets as private markets grow
BLACKROCK pulled in US$160 billion of client cash to its long-term investment funds last quarter, pushing the world’s largest money manager to a record US$11.5 trillion of assets as...
