Real Estate
Singapore shares retreat at Wednesday’s open; STI down 0.7%
SINGAPORE shares began trading lower on Wednesday (Nov 13), extending global equity market declines overnight.As at 9.02 am, the Straits Times Index (STI) fell 0.7 per cent or 24.31...
Stocks to watch: Singtel, Bumitama Agri, The Hour Glass
THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 13): Singtel: The telecommunications operator’s net profit for the first half ended September...
Volkswagen boosts bet on Rivian’s EV technology by US$800 Million
VOLKSWAGEN (VW) and Rivian Automotive named leaders for their multi-billion US dollar joint venture (JV) and showcased a prototype electric vehicle (EV), signalling their commitment even as global EV...
Crypto legislation likely coming under Trump, ex-SEC chief says
CONGRESS is likely to adopt legislation governing cryptocurrencies during President-elect Donald Trump’s administration, Jay Clayton, a former top Wall Street regulator and potential political appointee, said on Wednesday (Nov...
US: Wall Street opens little changed as focus moves to economic data
WALL Street was steady at the open on Tuesday (Nov 12) as focus shifted from the US election to key inflation data later in the week for more signals...
Netflix’s ad-supported tier hits 70 million users
Netflix said on Tuesday (Nov 12) that its ad-supported tier now has 70 million monthly active users globally, nearly doubling the number reported earlier this year.
The streaming giant is...
Shopify delivers upbeat holiday forecast as AI draws customers, shares surge
SHOPIFY forecast fourth-quarter revenue growth above estimates on Tuesday (Nov 12), as the Canadian company’s focus on employing AI-powered tools attract more merchants to its e-commerce services ahead of...
Cortina’s H1 net profit falls 10% to S$27.8 million as operating expenses outpace revenue growth
Competitor and luxury watch retailer The Hour Glass also reports a 20% decrease in earningsLUXURY watch retailer Cortina posted a 10 per cent drop in net profit to S$27.8...
