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Asia: Most markets rise with earnings, US data in view
Asia: Most markets rise with earnings, US data in view
ASIAN markets mostly rose on Tuesday, with hopes for earnings this week from tech titans helping to offset worries about the Federal Reserve’s interest rate plans ahead of the...
Honda to build major EV plant in Canada
Honda to build major EV plant in Canada
JAPANESE auto giant Honda will open an electric vehicle (EV) plant in eastern Canada, a Canadian government source familiar with the multibillion-dollar project told AFP on Monday (Apr 22).The...
Hot stock: Nanofilm jumps 13.1% amid heavy trading on improved Q1 results
Hot stock: Nanofilm jumps 13.1% amid heavy trading on improved Q1 results
NANOFILM Technologies’ shares rose as much as 13.1 per cent in early morning trade on Tuesday (Apr 23), one day after the company posted a 19 per cent increase...
Singapore banks lead market surge again on easing Middle East tensions; STI up 1%
Singapore banks lead market surge again on easing Middle East tensions; STI up 1%
SINGAPORE stocks opened stronger on Tuesday (Apr 23) following overnight gains on global markets as easing tensions in the Middle East boosted investor confidence. Singapore’s Straits Times Index (STI)...
Japan to work with counterparts on excessive FX moves, says finance minister
Japan to work with counterparts on excessive FX moves, says finance minister
JAPANESE authorities will work closely with overseas counterparts to deal with excessive volatility in the foreign exchange market, Finance Minister Shunichi Suzuki said on Tuesday.“We are watching market moves...
SAP cloud revenue meets estimate as AI adoption fuels demand
SAP cloud revenue meets estimate as AI adoption fuels demand
SAP reported first-quarter cloud revenue in line with analysts, as a boom in demand for artificial intelligence (AI) fuelled the German software company’s growth.Adjusted cloud revenue in the quarter...
PBOC chief urges clarity on burden sharing for debt relief
PBOC chief urges clarity on burden sharing for debt relief
THE head of China’s central bank wants creditors engaged in debt restructurings for emerging market countries to agree on how to fairly share the burden of relief, according to...
Oil futures fall as fears of a wider Middle East war fade
Oil futures fall as fears of a wider Middle East war fade
OIL futures fell on Monday as traders focused on market fundamentals, seeing little near-term risk that the Middle East conflict would impact supply.Brent crude futures settled at US$87.00 a barrel,...
US: Stocks rebound to open big earnings week
US: Stocks rebound to open big earnings week
WALL Street stocks powered higher on Monday, shrugging off recent weakness at the start of a heavy week of earnings from technology and industrial companies.“The markets are breathing a collective sigh...
Vietnamese firms face Q1 debt crunch amid sluggish recovery
Vietnamese firms face Q1 debt crunch amid sluggish recovery
[HO CHI MINH CITY] Despite lower interest rates and ample liquidity, Vietnamese firms saw limited access to debt financing through bank loans and corporate bonds in the first quarter...