Leadership
Hot stocks: Yangzijiang counters pulled in opposing directions amid heavy volumes
SHARES of Yangzijiang Shipbuilding and its listed subsidiary Yangzjiang Financial were trading divergently as shares of both counters were heavily transacted by volume on Friday (Sep 27) morning.As at...
Asia: Hong Kong, Shanghai extend surge as China optimism boosts markets
HONG Kong and Shanghai ploughed on with their China-fuelled rally on Friday on hopes that Beijing will press on with new plans to boost the world’s number two economy.A...
Stocks to watch: CapitaLand Integrated Commercial Trust, UOL, SingLand, Amos
THE following companies saw new developments that may affect trading of their securities on Friday (Sep 27): CapitaLand Integrated Commercial Trust (CICT): The trust will issue 377.3 million new...
US: S&P 500 at fresh record on Micron results, China stimulus
WALL Street stocks powered higher on Thursday, with the S&P 500 finishing at a fresh record, following strong Micron earnings and statements from Beijing signaling likely additional stimulus.Analysts described Micron’s earnings...
H&M bets on lower prices, trendy clothing to boost holiday sales
SWEDISH fashion retailer H&M is banking on lower prices and a wider range of trendy clothing compared to basics to drive sales among cautious consumers in the crucial shopping...
US dollar edges down before Fed speakers, data; Swiss franc rises after SNB
THE safe-haven US dollar edged down on Thursday (Sep 26) on increasing risk appetite with traders looking ahead to speeches from key Federal Reserve policymakers and economic data for...
US: Wall St opens higher on AI euphoria after Micron’s upbeat forecast
Wall Street’s main indexes opened higher on Thursday (Sep 26), with the benchmark S&P 500 at a record high, as Micron’s upbeat forecast revived the frenzy around artificial intelligence,...
Singapore entertainment group Neon mulls IPO next year
IMMERSIVE entertainment group Neon is considering an initial public offering (IPO) in Singapore that may raise as much as S$500 million, sources said.The company, which is backed by Temasek’s...
