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Chinese state funds plan to buy stocks as market rout deepens
Chinese officials have been discussing front-loading potential stimulus to offset the impact of tariffs[NEW YORK] China’s state-backed funds are planning to buy local stocks in a bid to support...
Apple customers dash to stores to buy iPhones ahead of tariffs
[NEW YORK] The Trump administration’s threat of massive new tariffs has sent Apple’s share price plummeting, but it also brought a short-term benefit: customers rushing to retail stores to...
Apple customers dash to stores to buy iPhones ahead of tariffs
[NEW YORK] The Trump administration’s threat of massive new tariffs has sent Apple’s share price plummeting, but it also brought a short-term benefit: customers rushing to retail stores to...
Walmart denies ABC News report it could join investor group to buy TikTok
[NEW YORK] Walmart on Friday (Apr 4) denied a report from ABC News that it was considering joining a group of investors to buy short video app TikTok.Earlier on...
Maybank initiates coverage on Centurion with ‘buy’ call with construction boom in Singapore expected
[SINGAPORE] Maybank on Friday (Mar 28) initiated coverage of Centurion with a “buy” call, on optimism over the tighter supply of worker dormitory beds in Singapore and strong construction...
SAC Capital lifts Soilbuild target price on strong order book, maintains its ‘buy’ call
[SINGAPORE] SAC Capital hiked Soilbuild Construction’s target price to S$1.10 and maintained its “buy” call. The target price represents an upside of 37.5 per cent from the counter’s last...
China ready to buy more goods from India as US tariffs loom
[NEW DELHI] China is willing to buy more Indian products to balance trade, Beijing’s Ambassador Xu Feihong said just ahead of a US tariff announcement expected to hit the...
Keppel Infrastructure Trust to buy 46.7% stake in subsea cable firm Global Marine for US$90.6 million
[SINGAPORE] Keppel Infrastructure Trust (KIT) will be acquiring about 46.7 per cent stake in Global Marine Group (GMG), a leading subsea cable solutions provider for about US$90.6 million, its...
GM to increase dividend by 25%, buy back another US$6 billion of shares
The US automaker expects EV operating losses will narrow this year by US$2 billion from undisclosed levelsGENERAL Motors said on Wednesday (Feb 26) it would increase its quarterly dividend...
‘Worst is over’: Analysts bullish on Raffles Medical’s potential China turnaround; Maybank upgrades to ‘buy’
ANALYSTS have raised their target prices on private healthcare provider Raffles Medical amid expectations of an earnings recovery, which could be accelerated by a potential turnaround in the group’s...