Higher
Japan’s Topix expected to continue trending higher
THE Mini Tokyo Price Index (Topix) Futures contract, a broad representation of the performance of over 2,000 publicly-owned Japanese companies, has continued to outperform its global counterparts. As at...
Gold marches higher as US jobs data boosts bets of early rate cut
GOLD prices surged to another record high on Friday (Mar 8) as data showing a rise in the US unemployment rate boosted expectations that the US Federal Reserve could...
Singapore stocks track regional gains to end higher on Friday; STI up 0.4%
SINGAPORE shares closed higher on Friday (Mar 8), tracking gains in the region. The Straits Times Index (STI) rose 0.4 per cent or 13.31 points to 3,147.09. Across the...
Brokers’ take: DBS cuts target for Parkway Life Reit after factoring in higher capex
DBS Group Research cut its target price on Parkway Life Real Estate Investment Trust (Reit) after taking into account higher capital expenditures (capex) for asset enhancement initiatives. In a...
TDCX’s Q4 profit rises 27.8% to S$32 million on higher margins
NEW York-listed digital customer solutions provider TDCX posted a net profit of S$32 million for its fourth quarter ended December 2023, up 27.8 per cent from S$25 million in...
Brokers’ take: Citi downgrades SIA to ‘neutral’ on higher cost assumptions
CITI Research is expecting Singapore Airlines’ (SIA) share price to remain under pressure heading into the final quarter of its financial year. It noted that the national flag carrier’s...
Singapore ‘open to’ idea of one-off rise in vehicle population, with higher usage-based charges: Chee
SINGAPORE is open to reviewing the idea of a one-off increase in its vehicle population, spread over a few years and accompanied by higher vehicle-usage charges to prevent congestion,...
Oil nudges higher after Opec+ extends output cuts
OIL prices nudged higher on Monday after Opec+ members agreed to extend voluntary oil output cuts to the end of the second quarter, largely in line with market expectations, while Russia pledged...
