Leadership
Reddit files to go public as ‘RDDT’ on NYSE
REDDIT on Thursday told US stock regulators that it plans to go public on the New York Stock Exchange under the symbol “RDDT.” Reddit did not provide details regarding...
Stocks to watch: Singtel, Genting Singapore, Venture, HRnetGroup, Aztech Global
THE following companies saw new developments that may affect trading of their securities on Friday (Feb 23): Singtel: Its net profit for the third quarter ended Dec 31, 2023,...
Florida lawmakers push to ban social media for children under 16
FLORIDA moved on Thursday towards enacting what would be one of the strictest bans on children’s use of social media in the United States after the state Senate passed...
Oil settles higher as pressure mounts in the Middle East
OIL futures settled higher on Thursday as hostilities continued in the Red Sea with Iran-aligned Houthis stepping up attacks near Yemen, but a large build in US crude inventories weighed...
SGX RegCo proposes rule changes to aid company restructuring
FINANCIALLY distressed companies undergoing restructuring may dispose of significant assets without the approval of shareholders and have their trading suspension waived under “exceptional circumstances”. That’s if proposed changes by...
US: Wall Street opens higher on Nvidia’s big surge
WALL Street’s main indexes opened higher on Thursday (Feb 22) as Nvidia’s bumper results and forecast powers an AI-led rally that has propelled Wall Street to record highs this...
US dollar dips as rally peters out, most PMI data adds to market optimism
THE US dollar fell on Thursday (Feb 22) as share markets hitting record highs drove optimism across asset classes and traders digested a slew of largely better-than-expected business activity...
Moderna beats sales estimates as Covid shot gains market share
MODERNA reported fourth-quarter revenue that beat analysts’ expectations by gaining Covid vaccine market share on its rival, Pfizer. The company posted quarterly revenue of US$2.8 billion for its Covid-19...
