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Europe: Shares edge up on earnings relief; German DAX at record high
EUROPEAN stocks climbed on Thursday as investors took comfort in upbeat earnings and an in-line US inflation print, while Germany’s benchmark index touched a record after preliminary data showed slowing...
US: Stocks close higher as Nasdaq hits a record
WALL Street stocks climbed on Thursday as investors assessed a key US inflation gauge, with all three major indices up while the tech-focused Nasdaq Composite Index set a new record. The...
Foreigners sold Japanese stocks last week as Nikkei hit a record
FOREIGN investors took profit from Japanese stocks last week as the Nikkei 225 Stock Average hit an all-time high, turning net sellers for the first time since December. Overseas...
Australian shares end at record high on retail sales boost; US inflation data
AUSTRALIAN shares closed at a record high on Thursday (Feb 29) as a rebound in local retail sales boosted sentiment, with investor focus now shifting to the US inflation...
Airlines had their safest year on record in 2023: Iata
LAST year was the safest ever for commercial air travel, despite a massive rebound in passenger flights, an airline industry group said on Wednesday (Feb 28). The only fatal...
Aston Martin annual losses narrow as prices hit record levels
ASTON Martin’s annual losses more than halved in 2023, coming in smaller than market expectations, after selling prices reached record levels as the British luxury carmaker delivered its Valkyrie...
OCBC posts record S$7.02 billion earnings for FY2023; expects lower NIMs, slow loan growth in 2024
SINGAPORE’S second-largest lender OCBC will likely post lower net interest margins (NIMs) and slow loan growth in 2024 amid a global growth slowdown, said OCBC group chief executive Helen...
Europe: Stoxx 600 rises on miners, tech support; German shares at record high
EUROPE’S benchmark stock index inched up on Tuesday, with Germany’s DAX hitting a record high, while investors awaited this week’s inflation data that could shed some light on when...