Lifestyle
Europe: Stocks gain with rates outlook, earnings in focus
EUROPEAN stocks gained on Friday (Oct 11) as investors assessed the impact of hotter-than-expected US inflation data and the third-quarter earnings season kicked off.The Stoxx Europe 600 Index rose...
Amazon prefers renewables in Asia as nuclear still elusive
AMAZON.COM is currently only looking at wind and solar to offer green power for projects in Asia, even as global technology companies begin examining nuclear generation to supply energy-hungry...
JPMorgan profit drops on bigger provisions for loan losses
JPMORGAN Chase’s profit dropped in the third quarter as it built up provisions for potential loan defaults, the bank said on Friday (Oct 11).
Profit was US$12.90 billion for the...
JPMorgan profit drops as it sets aside bigger provisions, but interest income climbs
JPMORGAN Chase’s third-quarter profit dropped as it set aside more money to cover potential loan defaults, while rising interest payments and investment banking revenue lifted its shares before the...
Singapore shares track Wall Street losses amid stubborn inflation concerns; STI down 0.3%
SINGAPORE stocks ended lower on Friday (Oct 11), tracking losses on Wall Street, amid concerns that inflation will remain sticky.
The benchmark Straits Times Index (STI) fell 0.3 per cent...
Northvolt in talks for about 200 million euros in funding: sources
NORTHVOLT is in talks with investors and lenders to secure about 200 million euros (S$285.8 million) in short-term funding, three sources familiar with the matter said, as the cash-strapped...
Set up a Telegram chat group to trade shares? You may fall afoul of the law
USING social media and messaging platforms to deal in shares may lead to a possible breach of the Securities and Futures Act (SFA).On Thursday (Oct 10), Oon Yun Cong...
Taiwan says four Foxconn employees detained in China
FOUR employees of Taiwan’s Foxconn, the world’s largest iPhone assembler, have been detained in China under “quite strange” circumstances, Taiwan’s government said.Taiwan’s Mainland Affairs Council, in a statement to...
