News
Warren Buffett sounds warning to Washington as Berkshire reports record profit, cash
[ad_1] Berkshire Hathaway on Saturday (Feb 22) reported record annual profits and boosting its cash stake to US$334.2 billion, as Warren Buffett used his annual shareholder letter to caution Washington...
Healthcare S-Reits are here to stay
[ad_1] HEALTHCARE real estate investment trusts (Reits) have been the best-performing Reit subsector in the year to date as at Feb 20, recording an average total return of 2.8 per...
Walmart bonuses largely exceed targets but dip from prior year
[ad_1] WALMART will pay corporate employees more than their bonus target for another year, though workers will receive a slightly lower percentage than a year earlier.Most of the US-based staff...
Boeing’s chief aerospace safety officer set to retire, memo shows
[ad_1] BOEING’S longtime veteran and chief aerospace safety officer, Mike Delaney, will retire later this year, according to a memo seen by Reuters on Friday (Feb 21).The aerospace company in...
US Treasuries end week on high note on demand for safer bets
[ad_1] A LATE rally in the US Treasury market pushed the yield on 10-year notes lower for a sixth-straight week as traders hunt for safety amid lower stock and oil...
Oil settles down US$2, posting weekly loss as Middle East risk premium fades
[ad_1] OIL prices settled down more than US$2 a barrel on Friday (Feb 21), posting a weekly decline as investors grappled with a fading Middle East risk premium alongside uncertainty...
Gold eases from record high on profit-taking, eyes eighth weekly gain
[ad_1] GOLD prices eased on Friday (Feb 21) as investors booked profits from the previous session’s record high, but were set for an eighth straight weekly gain, driven by strong...
US: Wall Street ends sharply lower on mounting concerns over economy, tariffs
[ad_1] US stocks tumbled on Friday (Feb 21), extending their sell-off in the wake of dour economic reports and closing the book on a holiday-shortened week fraught with new tariff...
US securities regulator to drop lawsuit against Coinbase, exchange says
[ad_1] COINBASE said on Friday (Feb 21) the US securities regulator planned to withdraw its lawsuit against the crypto exchange, ending a contentious years-long legal battle once considered existential for...
Hong Leong Finance posts 10% rise in H2 profit to S$51.5 million, as net interest margin expands
[ad_1] HONG Leong Finance posted a 10 per cent rise in net profit to S$51.5 million for the six months ended December 2024. This was driven by an expanded net...
