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Oil prices climb on hurricane impact ahead of US rate decision
OIL prices rose on Monday as the ongoing impact of Hurricane Francine on output in the US Gulf of Mexico offset persistent Chinese demand concerns ahead of this week’s...
Foxconn’s August sales climb 33% on AI demand
HON Hai Precision Industry’s revenue rose 33 per cent in August, accelerating from the previous month thanks to demand for servers powering AI applications.
Apple’s main manufacturing partner, also known...
Reits climb post-Jackson Hole speech; STI gains 0.2%
SINGAPORE stocks ended higher on Monday (Aug 26), after Federal Reserve chair Jerome Powell’s Jackson Hole comments indicated that the US central bank is ready to cut rates in...
Geely says EU tariffs would have big impact as earnings climb
GEELY Automobile Holdings, the Hong Kong-listed arm of billionaire Li Shufu’s car empire, is the latest Chinese automaker to come out swinging against proposed European Union tariffs, saying the...
Hot stock: F&N soars 22% on ThaiBev share-swap deal; ThaiBev, Frasers Prop climb
COUNTERS of Fraser and Neave (F&N), Thai Beverage (ThaiBev) and Frasers Property climbed on Thursday (Jul 18), after ThaiBev proposed a share swap deal that will see it become...
Trump Media shares climb after Biden’s faltering show in first presidential debate
SHARES of Trump Media & Technology Group rose more than 6 per cent on Friday (Jun 28) after President Joe Biden’s faltering performance against Republican rival Donald Trump at...
Singapore stocks climb after inflation data delivers no surprises; STI up 0.3%
SINGAPORE shares ended higher on Monday (Jun 24) after local inflation data released the same day came in largely in line with expectations. The benchmark Straits Times Index (STI)...