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This week began on a positive note, with the BCI 5TC increasing significantly by $2,881 to reach $31,438. Early in the week, the Pacific market saw significant activity, with...
Nvidia gets rare downgrade on valuation concerns after rally
Nvidia’s breakneck rally since the start of last year has finally run out of room to push higher, according to New Street Research analyst Pierre Ferragu.Ferragu downgraded the artificial...
UOL chairman Wee Ee Lim builds on his stake
INSTITUTIONS were net buyers of Singapore stocks over the five trading sessions through to Jul 4, with S$188 million of net institutional inflow, as 20 primary-listed companies conducted buybacks...
Europe: Shares fall on French election uncertainty
EUROPEAN shares fell on Friday (Jul 5), weighed down by losses in banks and energy stocks as investors became more cautious ahead of the second round of voting in...
Trustee-manager of Asian Pay Television Trust announces board renewal; appoints new CEO
THE trustee-manager of mainboard-listed Asian Pay Television Trust (APTT) on Friday (Jul 5) announced a major renewal of its board, with chief executive Brian McKinley to step down from...
Singapore to waive registration fee for short-term EV charger use
THE Singapore government is reducing the regulatory burden and lowering costs for businesses by making the application process for licences and regulatory approvals faster and better, said Transport Minister...
DBS unit fined in Hong Kong for anti-money laundering breach
DBS Group Holdings’ Hong Kong unit was fined HK$10 million (S$1.7 million) by the city’s regulator for lapses in adhering to anti-money laundering and counter-terrorist financing regulations.The disciplinary action...
Chinese AI firms showcase resilience, innovations at AI event despite US sanctions
CHINESE tech companies, from industry giants to ambitious startups, converged at the World AI Conference in Shanghai this week to showcase their latest innovations and express strong support for...
