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US: Wall St opens higher on tech boost, upbeat earnings
US: Wall St opens higher on tech boost, upbeat earnings
WALL Street’s main indexes opened higher on Wednesday (Apr 23), with Tesla leading gains among megacap stocks after its quarterly results, while upbeat earnings reports across other sectors also...
Boeing reports first revenue drop in 7 quarters as deliveries decline
Boeing reports first revenue drop in 7 quarters as deliveries decline
BOEING on Wednesday (Apr 24) reported an 8 per cent decline in quarterly revenue to US$16.57 billion, the first drop in seven quarters, as the US planemaker slows production...
Greenback recovers from PMI slump, yen closes in on 155 per dollar
Greenback recovers from PMI slump, yen closes in on 155 per dollar
THE US dollar regained some lost ground on Wednesday (Apr 24) following big falls against the euro and sterling the day before, while the yen remained mired near 34-year...
Volkswagen to keep China market share stable as price war rages
Volkswagen to keep China market share stable as price war rages
VOLKSWAGEN aims to keep its market share in China roughly stable until the end of the decade, the head of its China business said, betting heavy investment there will...
Digital Core Reit Q1 distributable income slips 2.4% to US.6 million
Digital Core Reit Q1 distributable income slips 2.4% to US$10.6 million
DIGITAL Core real estate investment trust : DCRU 0% (Reit) on Wednesday (Apr 24) posted distributable income of US$10.6 million for its first quarter ended Mar 31, 2024, down...
Roche cuts pipeline after research setbacks and sales drop
Roche cuts pipeline after research setbacks and sales drop
ROCHE Holding cut a fifth of its pipeline of experimental drugs in recent quarters as its new chief executive tries to revive growth after a series of research setbacks....
Money laundering accused Su Baolin to plead guilty after being handed 3 more charges
Money laundering accused Su Baolin to plead guilty after being handed 3 more charges
CAMBODIAN passport holder Su Baolin, one of the 10 foreign nationals embroiled in Singapore’s largest money laundering case, is expected to plead guilty after receiving three new charges for...
Lloyds bank says quarterly profits sink on higher costs
Lloyds bank says quarterly profits sink on higher costs
BRITAIN’S Lloyds Banking Group said on Wednesday (Apr 24) that net profit sank by almost a third in the first quarter of this year, hit partly by a significant...
US seeks 36 months’ jail for Binance founder Zhao
US seeks 36 months’ jail for Binance founder Zhao
ZHAO Changpeng (CZ), the founder of Binance, the world’s largest cryptocurrency exchange, should serve 36 months in prison after pleading guilty to violating laws against money laundering, United States...
PBOC steps up rhetoric against long-end government bond rally
PBOC steps up rhetoric against long-end government bond rally
THE People’s Bank of China (PBOC) ramped up its verbal pushback against the rally in long-term government bonds, warning of a reversal and hinting that a mismatch between market...