News
Circle says stablecoin issuers should be US registered
[ad_1] JEREMY Allaire, the co-founder of stablecoin issuer Circle Internet Financial, is making the case that the issuers of the US dollar-based cryptocurrencies that underpin much of the trading in...
Super Micro jumps after filing delayed financial reports
[ad_1] SUPER Micro Computer gained more than 20 per cent in extended trading after it submitted outstanding financial reports to become compliant with Nasdaq rules, easing concerns risks that the...
OCBC shares fall nearly 3% after Q4 earnings miss
[ad_1] Fourth-quarter net profit of S$1.69 billion falls short of the S$1.78 billion consensus forecastSHARES of OCBC fell in early trading on Wednesday (Feb 26) morning after the lender posted...
Lynas profit slumps 85% as low rare earths prices take toll
[ad_1] The miner’s performance indicates the market is still over-supplied, with rare earth oxide prices down due to strong output from China and its economic slowdownLYNAS Rare Earths’ first-half profit...
Instacart forecasts downbeat first-quarter core profit, shares fall
[ad_1] INSTACART on Tuesday forecast a lower-than-expected first-quarter core profit as the online grocery delivery platform expects sequential declines in advertising revenue.The company’s shares, which also missed fourth-quarter revenue estimates,...
SingPost mulls special dividend with potential S$289m disposal gain
[ad_1] SINGAPORE Post (SingPost) said on Wednesday (Feb 26) it will hold an extraordinary general meeting (EGM) to seek shareholders’ approval for the proposed divestment of its Australia business, Freight...
Italy extends big tech tax probe to Musk’s X social network
[ad_1] ITALY is claiming 12.5 million euros (S$17.4 million) from Elon Musk’s social network X following a tax probe running parallel to one into Meta, four sources with direct knowledge...
Tesla market value slips below US$1 trillion as Europe sales sink
[ad_1] The shares have now cumulatively fallen 16 per cent in four straight trading sessions of lossesA QUICK unwind in the shares of Tesla pushed the electric vehicle (EV) maker’s...
Forest City could become cheaper, secondary family office hub to complement Singapore
[ad_1] While the fundamentals are there, it is too early to tell if the zone could become a regional wealth centreMALAYSIA’S Forest City could be a secondary family office (FO)...
US: S&P 500, Nasdaq muted as US plans tighter curbs on chip exports to China
[ad_1] The benchmark S&P 500 and the Nasdaq had a subdued start on Tuesday (Feb 25) as markets braced for the potential impact of more stringent US trade controls on...
