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US: Wall Street opens higher on optimism for AI demand
[ad_1] [NEW YORK] Wall Street kicked off November on firmer ground on Monday (Nov 3), driven by optimism around AI demand with OpenAI and Amazon striking a US$38 billion deal,...
NetLink Trust posts 10.2% drop in H1 profit to S$43.5 million on higher depreciation
[ad_1] [SINGAPORE] Fibre network provider NetLink NBN Trust on Monday (Nov 3) posted a 10.2 per cent drop in net profit to S$43.5 million for the half-year ended Sep 30,...
Wee Hur selling Adelaide student accommodation property for S$14.2 million
[ad_1] The buyer is Grenfell Trust, an indirect 90.48 per cent owned sub-trust of Wee Hur PBSA Fund III A[SINGAPORE] Wee Hur Holdings announced that its 80 per cent owned...
Industrial giants regain footing as tariff turmoil recedes
[ad_1] US industrial companies at present are reporting their best year-on-year revenue growth, since the first quarter of 2023 at 6.3%INDUSTRIAL companies have been on a roller coaster this year,...
SGX share buyback consideration hits 10-year high of S$1.91 billion
[ad_1] [SINGAPORE] Share buybacks on the Singapore Exchange (SGX) have surged to a 10-year high, the local bourse reported on Monday (Nov 3).Companies ramped up repurchases amid broad market volatility....
Seatrium to sell ship-owning unit to Brazilian vessel operator for US$59.7 million
[ad_1] This is in line with its strategy of divesting non-core assets to enhance capital and operational efficiencies [SINGAPORE] Seatrium is selling its entire stake in its wholly owned indirect...
Trump says Nvidia’s Blackwell AI chip not for ‘other people’
[ad_1] Nvidia has not sought US export licenses for the Chinese market because of Beijing’s stance on the company, CEO Jensen Huang says[NEW YORK] Artificial intelligence (AI) giant Nvidia’s most...
Asia: Most markets rise on lingering trader optimism
[ad_1] [HONG KONG] Most stocks rose in Asian trade on Monday (Nov 3) after a busy last week, with optimism supported by another AI-led tech rally on Wall Street.Investors returned...
The human cost of Xiaomi’s rapid pivot from smartphones to EVs
[ad_1] The company still has a long way to go before it could break into the elite club of automakers[SINGAPORE] Months before he dropped to the floor in agony while...
Stocks to watch: Jardine Matheson, Nio, CapitaLand Ascendas Reit, Yangzijiang Financial, Wee Hur, Nam Lee, Fu Yu
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Nov 3): Jardine Matheson : The London-listed conglomerate intends to repurchase up to...
