Rise
With Cainiao buyback, Alibaba takes aim at rivals’ overseas rise
ALIBABA’S plan to buy full control of its logistics subsidiary rather than spinning it off could signal the Chinese giant is taking competition from e-commerce rivals Shein and Temu...
Oil prices rise as heightened geopolitical risk exacerbates supply concern
OIL prices rose in early Asian trading on Monday on concern over tighter global supply brought about by escalating conflict in the Middle East and between Russia and Ukraine,...
US dollar set for weekly rise after shift in global rate outlook
THE US dollar headed for a second week of gains on Friday (Mar 22), with a slight rate hike in Japan unable to halt its rise and a surprise...
Singapore shares rise at Thursday’s open; STI up 0.6%
SINGAPORE shares rose at the opening bell on Thursday (Mar 21) morning, following mixed results in global markets. As at 9.01 am, the Straits Times Index (STI) rose 20.29...
COE prices rise across the board except for commercial vehicles
THE prices of cars and motorcycles look set to rise, following higher certificate of entitlement (COE) premiums for such vehicles recorded at the latest tender exercise on Wednesday (Mar...
Prudential posts 43% rise in FY2023 new business profit
PRUDENTIAL reported 43 per cent rise in new business profit to US$3.1 billion for the financial year ended last December, as compared to US$2.2 billion a year ago. On...
Singapore stocks rise at Wednesday’s open; STI up 0.2%
SINGAPORE equities advanced at the opening bell on Wednesday (Mar 20) morning, mirroring overnight gains on global markets. As at 9.01 am, the Straits Times Index (STI) rose 7.39...
China’s Xiaomi posts 11% revenue rise on strong smartphone sales
CHINA’S Xiaomi reported a 10.9 per cent rise in fourth-quarter revenue and beat adjusted net profit estimates boosted by strong smartphone sales as the sector shows signs of recovery....
