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Saudi National Bank posts marginal rise in Q1 profit
Saudi National Bank (SNB), the Kingdom’s largest bank by assets, posted a marginal increase in first-quarter profit on Monday (Apr 29), as the lender was hit by higher operating...
Asia: Shares rise as Fed looms large; yen crumbles below key level
ASIAN stocks got off to a positive start on Monday ahead of the Federal Reserve’s policy meeting later in the week, while the dollar broke past the psychologically key...
Fed repricing gives rise to new equities playbook in Asia
A HIGHER-for-longer interest rate environment is burnishing the credentials of cheap Chinese stocks and driving value investment strategies in Asia. Corporate reforms in Japan and South Korea will support a...
Asia: Markets rise as strong US tech earnings offset poor data
MOST markets rose in Asia on Friday after forecast-topping earnings from Microsoft and Alphabet helped soothe worries that a tech-fuelled equities rally may have been overdone.However, the mood was...
COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill
THE total Certificate of Entitlement (COE) quota for the period May to July 2024 has increased 2.7 per cent or 397 to 15,104, compared to the preceding three-month period...
Asia stocks rise on Wednesday amid Wall Street rally; STI up 0.6%
ASIA markets on Wednesday (Apr 24) tracked overnight gains on Wall Street. Singapore’s Straits Times Index (STI) gained 0.6 per cent or 20.41 points to 3,293.13. Across the broader...
Asia: Stocks rise on earnings optimism as US data approaches
ASIAN equities extended the week’s gains on Wednesday following a strong rally on Wall Street and another record in London, as traders cheered more upbeat earnings reports and data...
Tesla profits tumble but shares rise on new vehicle plan
TESLA reported a big drop in quarterly profits on Tuesday amid an increasingly cutthroat electric vehicle market, but shares rallied as CEO Elon Musk pledged to accelerate plans for...
