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Oil rises 1% as Fed rate cut optimism offsets demand fears
OIL prices climbed 1 per cent on Wednesday (Jun 5), rebounding from four-month lows, as hopes of an interest rate cut by the US Federal Reserve in September outweighed...
US: Wall St opens slightly higher after inflation rises as expected
WALL Street’s main indexes opened slightly higher on Friday (May 31), after latest data showed inflation in the world’s largest economy rose largely in line with expectations, fanning hopes...
Ley Choon Group H2 profit rises to S$5.5 million, declares first dividend since 2014
ROAD works construction company Ley Choon Group : Q0X 0% on Monday (May 27) reported a net profit from continuing operations of S$5.5 million for the second half ended...
Nomura pay for top executives rises 150% after profit recovers
NOMURA Holdings more than doubled pay for its top managers last fiscal year, as earnings at Japan’s largest brokerage rebounded on better trading and the nation’s economic recovery.Total compensation...
STI rises 0.3% after China unveils property stimulus
SINGAPORE’S Straits Times Index (STI) wrapped up trading higher on Friday, as the gauge reclaimed lost ground from mid-afternoon after China unveiled sweeping measures to rescue its property market....
Brokers’ take: CGS downgrades Silverlake Axis to ‘hold’ as opex rises
CGS International has reduced its call on Silverlake Axis : 5CP 0% to “hold” from “add” with a lower price target of S$0.31 versus S$0.36 previously, as it anticipates...
SBS Transit Q1 net profit rises 7.5% to S$17 million on higher fare revenue and ridership
PUBLIC transport operator SBS Transit : S61 0% reported on Monday (May 13) a 7.5 per cent increase in net profit for the first quarter due to higher fare...
Hot stock: Genting Singapore rises 6.2% amid heavy trading on strong earnings
SHARES of Genting Singapore rose as much as 6.2 per cent in early trading as the top traded counter on the Singapore Exchange after the Resorts World Sentosa operator...