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STI up 0.9% as regional stocks rise amid further stimulus expectations in China
SINGAPORE shares ended higher on Tuesday (Dec 3), tracking regional gains as China’s central bank reiterated plans to boost the economy to promote growth in 2025. The benchmark Straits...
Abu Dhabi’s IHC maintains outlook on Adani Group stakes as stocks rise sharply
INTERNATIONAL Holding Co’s (IHC) outlook on investments in India’s Adani Group remains unchanged, the Abu Dhabi conglomerate said following the US indictment of billionaire Gautam Adani, while the company’s...
Singapore stocks rise on optimism over rebound in real incomes and easing inflation; STI up 0.8%
SINGAPORE stocks ended higher on Thursday (Nov 28) after the Republic reported a rebound in real incomes for 2024, according to preliminary estimates, as inflation eased.A Ministry of Manpower...
Singapore shares rise at Wednesday’s open; STI up 0.3%
SINGAPORE stocks began trading higher on Wednesday (Nov 27), despite US president-elect Donald Trump’s tariff threat on major trading partners. As at 9.01 am, the Straits Times Index (STI)...
Global airfares set to rise yet again in 2025, Amex GBT says
GLOBAL airfares are set to become more expensive in 2025 even as gains moderate, according to an American Express Global Business Travel Group (GBT) forecast, with ticket prices reflecting...
Singapore shares rise at Monday’s open; STI up 0.5%
SINGAPORE stocks began trading higher on Monday (Nov 25) after global equities took a positive turn at the end of last week. As at 9.00 am, the Straits Times...
Asian LNG jumps to highest this year as European benchmarks rise
NORTH Asia spot liquefied natural gas (LNG) prices jumped to the highest level this year on increased competition from Europe for the heating and power plant fuel.The Japan-Korea marker,...
Hong Kong’s private wealth assets rise for first time since 2020
HONG Kong’s total private wealth assets under management rose slightly last year to about HK$9 trillion (S$1.6 trillion), the first annual growth since 2020, according to a report released...
