Technology

Singapore stocks with British portfolios end mixed on Friday
Singapore stocks with British portfolios end mixed on Friday
SINGAPORE stocks with exposure to the United Kingdom ended Friday (Jul 5) trading mixed. The sterling pound strengthened slightly in the afternoon as the Labour Party swept to a...
Apac investment banking fees down 25% to US.3 billion in H1 2024: LSEG
Apac investment banking fees down 25% to US$9.3 billion in H1 2024: LSEG
THE Asia-Pacific region, excluding Japan, recorded a 25 per cent year-on-year decline in investment banking (IB) fees to US$9.3 billion in the first half of 2024. This was the...
Australia’s largest pension fund shifts to equities
Australia’s largest pension fund shifts to equities
AUSTRALIANSUPER, the country’s largest pension fund, is shifting money into equities on the expectation that artificial intelligence will fuel further gains in tech stocks. The A$335 billion (S$305 billion)...
Gold eyes second straight weekly rise; spotlight on US payrolls
Gold eyes second straight weekly rise; spotlight on US payrolls
GOLD prices edged up on Friday (Jul 5) and were set for a second straight weekly gain, while traders awaited US employment data to gauge the trajectory of the...
Maybank aims to double Vietnam assets by 2027, expand investment
Maybank aims to double Vietnam assets by 2027, expand investment
MALAYAN Banking (Maybank) plans to double assets in Vietnam to US$2 billion by 2027 and become the country’s top foreign bank for syndicated loans, to capitalise on a booming...
About one in three new cars sold in Singapore from Jan to May is an EV; over 7,100 charging points installed
About one in three new cars sold in Singapore from Jan to May is an EV; over 7,100 charging points installed
ABOUT one in three new cars registered in Singapore from January to May was an electric vehicle (EV) – nearly double the 2023 figure of 18.1 per cent.Financial incentives...
About one in three new cars sold in Singapore from Jan to May is an EV; over 7,100 charging points installed
About one in three new cars sold in Singapore from Jan to May is an EV
ABOUT one in three new cars registered in Singapore from January to May was an electric vehicle (EV) – nearly double the 2023 figure of 18.1 per cent.Financial incentives...
Brent crude trades above US, sets highest levels since April
Brent crude trades above US$87, sets highest levels since April
OIL prices for Brent crude hit their highest level since April on Thursday, holding above US$87 after data the previous day showed a decline in US inventories.Brent crude futures were...
Europe: Shares advance on rate optimism; UK election in focus
Europe: Shares advance on rate optimism; UK election in focus
EUROPEAN shares rose on Thursday amid optimism around US interest rate cuts following soft economic data, while London markets gained as voting began in the UK general election with polls...
Rosneft, Lukoil to cut oil exports from Black Sea’s Novo: sources
Rosneft, Lukoil to cut oil exports from Black Sea’s Novo: sources
RUSSIA’S oil producers Rosneft and Lukoil will sharply cut oil exports from the Black Sea port of Novorossiisk in July, two sources familiar with a loading plan said, as...