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Salesforce’s third-quarter revenue beats on strong cloud demand
Salesforce’s third-quarter revenue beats on strong cloud demand
SALESFORCE beat Wall Street estimates for third-quarter revenue on Tuesday (Dec 3) and raised the lower end of its annual revenue forecast, helped by robust spending on its enterprise...
Singapore stocks close up 0.3%, tracking strong gains in Asia on positive China data
Singapore stocks close up 0.3%, tracking strong gains in Asia on positive China data
heightened tension to ultimately provide fuel for two multi-year trends benefiting Singapore: FDI and wealth inflows. SINGAPORE stocks closed higher on Monday (Dec 2), following gains in Asia led...
How a strong US dollar and Trump policy hit Asian, trade-exposed currencies
How a strong US dollar and Trump policy hit Asian, trade-exposed currencies
IN THE past month, the US dollar has strengthened against several Asian currencies – spelling bad news for the region’s trade sectors, while offering limited benefits to its tourism...
How a strong US dollar and Trump policy hit Asian, trade-exposed currencies
Strong US dollar, Trump policies pulling the rug from under some Asian, trade-exposed economies
THE US dollar has been jumping strongly against some global currencies since the US election, and a Trump administration could cause it to continue to strengthen ahead, some analysts...
How a strong US dollar and Trump policy hit Asian, trade-exposed currencies
Strong US dollar, Trump policies pulling the rug from under some Asian, trade-exposed economies
In short term, the units likely to trend lower against the greenback on Trump’s global trade stanceTHE US dollar has been jumping strongly against some global currencies since the...
Oil settles down on strong US supply, losses capped by Ukraine escalation
Oil settles down on strong US supply, losses capped by Ukraine escalation
OIL prices settled lower on Wednesday (Oct 20) after US crude and petrol stocks rose by more than expected last week, but losses were capped by worries about the...
Walmart raises annual forecasts, betting on strong holiday shopping
Walmart raises annual forecasts, betting on strong holiday shopping
WALMART on Tuesday (Nov 19) raised its annual sales and profit forecast for the third consecutive time, with people buying more groceries and merchandise online and at its stores,...
Hot stock: ST Engineering gains 4% on strong Q3 revenue showing
Hot stock: ST Engineering gains 4% on strong Q3 revenue showing
SHARES of ST Engineering rose in early trade on Tuesday (Nov 19) after the technology and engineering group reported that its third-quarter revenue was up 14 per cent year...
Fed’s Powell says no need to hurry rate cuts with economy strong
Fed’s Powell says no need to hurry rate cuts with economy strong
FEDERAL Reserve chair Jerome Powell said the recent performance of the US economy has been “remarkably good”, giving central bankers room to lower interest rates at a careful pace.“The...
Dutch lender ABN Amro’s Q3 profit beats estimates on strong interest income, fees
Dutch lender ABN Amro’s Q3 profit beats estimates on strong interest income, fees
ABN Amro reported a smaller-than-expected fall in third-quarter profit on Wednesday (Nov 13), driven by sustained improvement in net interest income (NII) and strong performance of fees, the Dutch...