Real Estate
Google parent announces first-ever dividend; beats on sales, profit; shares soar
ALPHABET announced its first-ever dividend on Thursday (Apr 25) and a US$70 billion stock buyback, cheering investors who sent the stock surging nearly 16 per cent after the bell.The...
Europe: Stocks retreat on earnings gloom, weak US economic data
EUROPEAN stocks dropped on Thursday, hit by bleak earnings from consumer giant Nestle and Dutch digital payments firm Adyen, while sentiment also took a hit following weak economic growth data...
Baltimore’s trapped ships start leaving as new channel opens
FOUR of seven ships trapped in Baltimore Harbor since the Francis Scott Key Bridge collapsed last month have cleared the wreckage and are en route to their destinations.The Balsa...
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
PRICES of Singapore-listed real estate investment trusts (S-Reits) have faced volatile trading in the past two weeks as interest rate expectations adjust following strong inflation data in the US.The...
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
Nasdaq’s profit fell for the first time in a year as firms continue to wait for the economy to stabilise before going public. Earnings fell to 63 US cents a...
US: Wall St opens lower as Meta Platforms, economic data weigh
US stocks opened sharply lower on Thursday (Apr 25), dragged down by growth stocks after dour quarterly results from Meta Platforms, while signs of persistent inflation dampened hopes of...
Sheng Siong Q1 net profit up 9.3% on higher revenue
SUPERMARKET chain Sheng Siong : OV8 0% on Thursday (Apr 25) posted a 9.3 per cent rise in net profit to S$36.3 million for its first quarter ended Mar...
India’s Vedanta misses Q4 profit estimates on lower prices
Indian mining group Vedanta reported a 27 per cent drop in fourth-quarter profit on Thursday (Apr 25), reflecting weaker prices of major metals like aluminium and zinc amid ballooning...
