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US: Stocks end mostly up, rebounding from bad GDP report
US: Stocks end mostly up, rebounding from bad GDP report
Published Thu, May 1, 2025 · 06:07 AM[NEW YORK] Wall Street stocks finished mostly higher on Wednesday (Apr 30) after digesting a poor US GDP reading that was offset...
US: Wall Street tumbles at the open as US economy contracts in first quarter
US: Wall Street tumbles at the open as US economy contracts in first quarter
Published Wed, Apr 30, 2025 · 09:49 PM[NEW YORK] Wall Street’s main indexes opened sharply lower on Wednesday (Apr 30) after data showed the world’s largest economy contracted in...
Sasseur Reit CEO Cecilia Tan steps down
Sasseur Reit CEO Cecilia Tan steps down
[SINGAPORE] Cecilia Tan, chief executive officer at Sasseur Asset Management, manager of Sasseur Real Estate Investment Trust (Reit), will be stepping down on Oct 28, after over four years...
Goldman sees central banks buying more renminbi, won, Singapore dollars
Goldman sees central banks buying more renminbi, won, Singapore dollars
[SYDNEY] South Korea, Singapore and China’s currencies are likely to be the biggest Asian beneficiaries as central banks look to diversify their reserves away from the US dollar, according...
Thailand’s central bank cuts rate again, could face recession as US tariffs loom
Thailand’s central bank cuts rate again, could face recession as US tariffs loom
[BANGKOK] Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to support an underperforming...
HKEX posts record quarterly profit on trading, listings boom
HKEX posts record quarterly profit on trading, listings boom
Hong Kong’s dealmakers are optimistic of a flurry of secondary listings from mainland-traded Chinese firms this yearPublished Wed, Apr 30, 2025 · 01:49 PM[HONG KONG] Hong Kong’s stock exchange...
Asia: Markets struggle as trade war hits China factory activity
Asia: Markets struggle as trade war hits China factory activity
[HONG KONG] Stocks started limply on Wednesday as investors struggled to match Wall Street’s rally, with data showing Chinese factory activity contracted this month at its fastest pace for nearly...
Grab raises full-year adjusted Ebitda guidance after posting US million profit in Q1
Grab raises full-year adjusted Ebitda guidance after posting US$24 million profit in Q1
[SINGAPORE] Grab on Wednesday (Apr 30) reported net profit of US$24 million for the first quarter ended Mar 31, 2025, reversing from a US$104 million loss in the previous...
Gold prices steady as investors await key US data, tariff updates
Gold prices steady as investors await key US data, tariff updates
Published Wed, Apr 30, 2025 · 09:18 AM[BENGALURU] Gold prices held their ground on Wednesday (Apr 30) as investors awaited potential trade developments between the United States and its...
Samsung Electronics operating profit rises slightly in Q1
Samsung Electronics operating profit rises slightly in Q1
Published Wed, Apr 30, 2025 · 08:54 AM[SEOUL] Samsung Electronics reported on Wednesday a small rise in first-quarter operating profit as customers concerned about US tariffs rushed to purchase...