News
US: Stocks end at record highs after inflation data; Dow up 1%
[ad_1] [NEW YORK] Wall Street stocks surged to fresh records on Friday (Oct 24) after benign US inflation data set the stage for another US Federal Reserve interest rate cut.All...
China’s central bank pledges flexible monetary policy to support growth
[ad_1] [BEIJING] China’s central bank pledged on Friday (Oct 24) to calibrate the intensity, timing and pace of monetary policy based on economic conditions to support stable growth.The People’s Bank...
US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
[ad_1] WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s upbeat results offered a boost.At 9.30 am EDT, the Dow...
MAS proposes more measures for investors to seek civil compensation from market misconduct
[ad_1] Proposals aim to facilitate self-organisation, provide access to funding and reduce legal barriers to civil action[SINGAPORE] The Monetary Authority of Singapore (MAS) is looking to enhance investors’ ability to...
Singapore shares rise ahead of US-China meeting; STI up 0.1%
[ad_1] Across the broader market, gainers beat decliners 369 to 166, as 1.6 billion securities worth S$1.4 billion change hands[SINGAPORE] US President Donald Trump’s upcoming meeting with Chinese President Xi...
Tesla offers S$5,000 incentive to drive EV adoption in Singapore, launches two new Supercharging stations
[ad_1] The new sites, with four Superchargers each, are at Resorts World Sentosa and Changi City Point[SINGAPORE] Tesla has announced new commercial initiatives in Singapore to encourage the adoption of...
UBS reshuffles leadership as Credit Suisse integration nears end
[ad_1] The lender is in the middle of a battle with the Swiss government over how much capital it needs to set aside to prevent another similar crisis[ZURICH] UBS Group...
PropNex unit, agent sued by Hao Mart over Orchard Road lease for over S$3.5 million
[ad_1] [SINGAPORE] Supermarket chain Hao Mart has filed a lawsuit against a wholly owned unit of mainboard-listed PropNex and one of its agent, alleging misrepresentation in the leasing of the...
Hao Mart sues PropNex unit, agent for more than S$3.5 million over Taste Orchard lease
[ad_1] Defendants say they’re agent for landlord OG, and owe no obligation to the claimant to act in its best interests[SINGAPORE] Supermarket chain Hao Mart has filed a lawsuit against...
RHB lifts FCT target price on improved H2 earnings, asset enhancements, lower interest rates
[ad_1] [SINGAPORE] RHB raised its target price for Frasers Centrepoint Trust (FCT) and maintained its “buy” rating, citing steady H2 earnings alongside tailwinds from asset enhancements and falling interest rates....
