Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard
THE following companies saw new developments that may affect trading of their securities on Friday (Apr 26):CapitaLand Investment : 9CI 0% (CLI): The real estate [more]
Stripe looks to bring back crypto payments as stablecoin market cap hits all-time high
Stripe seeks to incorporate USDC payments after a six-year wait. USDC will become a major tool for crypto transactions among Stripe users. Stablecoins' market cap [more]
ByteDance prefers TikTok shutdown in US if legal options fail: sources
TIKTOK owner ByteDance would prefer to shut down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight [more]
Singapore office rents in central region fall 1.7 per cent in Q1 over Q4: URA
THE Urban Redevelopment Authority’s (URA) office rental index for Singapore’s central region fell 1.7 per cent in the first quarter of 2024 over the preceding [more]
Weak yen pressures Bank of Japan’s interest rate decision
THE weak yen is putting pressure on the Bank of Japan to tighten monetary policy, analysts say, although it is not expected to hike its [more]
CapitaLand Investment posts total revenue of S$650 million for Q1
CAPITALAND Investment : 9CI 0% (CLI) reported a total revenue of S$650 million for the first quarter ended March 2024, down 0.2 per cent from [more]
Why green steam is a hot issue for business
Steam is still needed in many industries, but much of it is still made with fossil fuels. Read More
China firms are investing abroad at fastest pace in eight years
CHINA’S overseas investment is heading for an eight-year high as its dominant firms build more factories abroad, a shift that could soften criticism of Beijing’s [more]
The ex-flight attendant who became the first female boss of Japan Airlines
Less than 1% of Japan's top companies are led by women despite years of efforts to address the issue. Read More
Airbus net profit soars 28% in first quarter
EUROPEAN aircraft manufacturer Airbus posted on Thursday a 28 per cent increase in first-quarter net income, thanks to rising deliveries and growing production.Net profit in [more]
AirAsia discloses new listing plans under RM6.8 billion units merger
MALAYSIAN airline operator Capital A, also the parent of AirAsia, announced deals worth RM6.8 billion (S$1.9 billion) on Thursday (Apr 25), in a move to [more]
This Week In Credit Card News: The Cut In Late Fees May Increase Your Card’s Interest Rate
Synchrony Hikes Interest Rates on Credit Cards to Offset Late Fee RuleThe credit card company Synchrony Financial is hiking interest rates it charges to its [more]
India’s FirstCry set to withdraw $500m IPO papers after regulatory scrutiny
Indian retailer FirstCry is set to withdraw its papers for an up to $500 million IPO as early as next week after India’s markets regulator raised questions [more]
Swiggy-backer Norwest Venture Partners raises $3b for latest global fund
Global venture capital and growth equity investment firm Norwest Venture Partners has closed its seventeenth fund, NVP 17, at $3 billion to back startups in [more]
A US TikTok ban could take a bite out of small businesses
Without the popular social media platform, some creators and small enterprises across the globe could see their revenue plummet. Read More
TikTok Law Signals A Shift In U.S. Foreign Investment Stance
The clock is ticking on a potential ban of TikTok now that President Joe Biden has signed into law a bill that gives its Chinese [more]
Bristol Myers Cuts Full-Year Earnings Forecast, Launches Cost Cuts, Go to article
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Dow Earnings Say the Global Economy Is Good, but Not Great, Go to article
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Meta Shares Head for Worst Day in Years, Go to article
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Hertz Stock Sinks on Earnings. Its Fleet of Tesla EVs Is the Big Issue., Go to article
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Oshkosh Crushes Earnings Estimates. The Stock Is Down., Go to article
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Textron Stock Dives on Earnings Miss. It’s Also Cutting Jobs., Go to article
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Stocks May Not Be Due for a Correction, Go to article
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Airbus Earnings Improved, But Less Than Expected., Go to article
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