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US: Wall St opens higher as investors await inflation data
US: Wall St opens higher as investors await inflation data
US stock indexes opened higher on Monday (May 13), nearing record peaks following a recent run of gains, with investors awaiting key inflation figures this week to gauge the...
BHP says Anglo American rejected US.7 billion revised proposal
BHP says Anglo American rejected US$42.7 billion revised proposal
BHP Group said on Monday (May 13) that Anglo American had rejected a revised buyout offer valuing the company at US$42.67 billion.Anglo American in April rebuffed BHP’s US$39 billion...
Frasers Property’s capital recycling transactions total S.1 billion in H1 2024
Frasers Property’s capital recycling transactions total S$1.1 billion in H1 2024
FRASERS Property will focus on capital recycling and growing its development exposure, the group said, after it posted an 81.8 per cent drop in net profit in the first...
Frasers Property’s capital recycling transactions total S.1 billion in H1 2024
Frasers Property’s capital recycling transactions total S$1.1 billion in H1 2024
FRASERS Property will focus on capital recycling and growing its development exposure, the group said, after it posted an 81.8 per cent drop in net profit in the first...
Amazon’s Zoox probed by US after two crashes in autonomous SUVs
Amazon’s Zoox probed by US after two crashes in autonomous SUVs
THE top US auto-safety regulator has opened an investigation into Zoox, the autonomous-vehicle subsidiary of Amazon.com, after two incidents in which its SUVs suddenly braked and were rear-ended.The US...
Singapore stocks buck decline in key regional markets; STI up 0.4%
Singapore stocks buck decline in key regional markets; STI up 0.4%
THE Straits Times Index (STI) started the trading week with a rise of 0.4 per cent or 12.96 points to 3,303.66 after markets closed on Monday (May 13), making...
SIA Engineering eyes opportunities from Air India’s major aircraft orders
SIA Engineering eyes opportunities from Air India’s major aircraft orders
SIA Engineering : S59 0% is looking at tapping opportunities that arise from the transformation of Air India, which placed orders for 470 aircraft in 2023.At the financial results...
Hot stocks: Semiconductor plays punished on earnings disappointments
Hot stocks: Semiconductor plays punished on earnings disappointments
SEMICONDUCTOR stocks were a sea of red on Monday (May 13), after UMS Holdings : 558 0%’ first-quarter financial update released last week marked the third straight earnings disappointment...
China credit engine goes into reverse, piles pressure on Beijing
China credit engine goes into reverse, piles pressure on Beijing
CHINA’S shock credit contraction is adding pressure on the government to spend more money – and on the central bank to help. Last month’s decline in aggregate financing, the...
ANZ faces regulator probe on Australia government bond sale
ANZ faces regulator probe on Australia government bond sale
ANZ Group Holdings said Australia’s markets regulator is investigating the firm’s execution of a government bond sale last year.The bank said the inquiries by the Australian Securities and Investments...