Rise
Alibaba shares rise after addition to China exchange link
ALIBABA Group Holding’s stock rose in Hong Kong after it was made directly accessible to investors in mainland China for the first time.Shares of the e-commerce company gained as...
Citi CFO expects investment banking fees to rise 20% in third quarter
CITIGROUP’S investment banking fees are expected to jump 20 per cent in the third quarter from a year earlier, chief financial officer Mark Mason told investors at a conference...
Petronas posts lower first-half profit despite rise in crude
The drop in net income was “primarily due to the deconsolidation of subsidiaries and higher taxation” Malaysia’s national oil company Petroliam Nasional posted a 19 per cent decline in...
GlobalWafers must go global as tariffs rise worldwide, CEO says
GLOBALWAFERS is actively building out manufacturing overseas in anticipation of rising tariffs on chip materials, underscoring growing expectations that tit-for-tat trade measures will disrupt the semiconductor supply chain in...
Singapore shares rise at Monday’s open; STI up 0.1%
SINGAPORE stocks kicked off Monday (Sep 2) on a bright note after global equities finished the trading week in positive territory, ahead of a highly anticipated September interest rate...
Chinese electric car maker BYD posts 33% profit rise
CHINESE electric vehicle maker BYD reported a 32.8 per cent rise in second-quarter net profit on Wednesday (Aug 28), its fastest growth since end-2023, despite faltering spending on big-ticket...
Chinese electric car maker BYD posts 33% profit rise
CHINESE electric vehicle maker BYD reported a 32.8 per cent rise in second-quarter net profit on Wednesday (Aug 28), its fastest growth since end-2023, despite faltering spending on big-ticket...
Australia’s Fortescue beats dividend payout view, shares rise
AUSTRALIA’S Fortescue reported a rise in annual profit on Wednesday (Aug 28), boosted by higher iron ore shipments from its Iron Bridge project, and announced a larger-than-expected final dividend,...
