Leadership
S&P 500, Nasdaq open higher as chip stocks extend rally
[NEW YORK] The S&P 500 and the Nasdaq opened stronger on Friday (Jan 16) as chipmakers returned to the driver’s seat in a volatile week that also marked the...
Foreigners sell Asian equities in December on worries over valuations
They have sold local stocks worth US$1.2 billion in India, Taiwan, South Korea, Thailand, Indonesia, Vietnam and the Philippines[BENGALURU] Foreign investors net sold Asian equities in December, on lingering...
Singapore stocks rise amid mixed Asian performance; STI up 0.3%
Across the broader market, advancers beat decliners 307 to 261 after 1.4 billion shares worth S$1.5 billion change hands[SINGAPORE] The Straits Times Index (STI) rose 0.3 per cent or...
China clamps down on high-speed traders, removing servers
The move shows that officials are focused on levelling the playing field for investors and ensuring market stability[SHANGHAI] China is pulling the plug on a key advantage held by...
Australian dollar holds ground as US dollar firms, eyeing small weekly gains
THE Australian dollar held its ground on Friday, lifted by a rebound in global stocks and unfazed by a firmer US dollar on the back of growing expectations that...
Wall Street opens higher as chip stocks shine
[NEW YORK] Wall Street’s main indexes rose at market open on Thursday (Jan 15) after TSMC’s blockbuster quarterly results ignited a rally in chipmakers, while investors parsed earnings from...
Lum Chang expects significantly improved H1 FY2026 net profit on interior fit-out business strength
Group is set to release its financial results for the first half-year on or about Feb 12[SINGAPORE] Lum Chang Holdings (LCH) announced in a Thursday (Jan 15) profit guidance...