NEW YORK (REUTERS) – United States stocks finished lower on Tuesday (Oct 12), extending losses late as investors grew more jittery in the run up …
GIC-backed Amplitude valued at $6.79 billion after shares jump in Nasdaq debut
NEW YORK (REUTERS) – Shares of Amplitude opened nearly 43 per cent above their reference price in their Nasdaq debut on Tuesday (Sept 28), notching …
GIC-backed Thoughtworks soars in flurry of high-performing US IPOs
SAN FRANCISCO (BLOOMBERG) – Technology consulting firm Thoughtworks Holding climbed as much as 40 per cent in its trading debut after raising US$773 million (S$1.05 …
SPH shares up after shareholders vote to hive off media business
SINGAPORE – Shares of Singapore Press Holdings rose over 1 per cent at the opening bell on Monday, after shareholders voted to carve out the …
Wall Street ends week lower after latest inflation spike
NEW YORK (AFP) – US shares closed lower on Friday (Sept 10) for the fourth straight day, with major indices posting losses for the week …
US stocks mixed after disappointing August jobs data
NEW YORK (AFP) – Wall Street stocks shrugged off a disappointing August US jobs report and finished mixed as investors eyed a potentially slower phasing down …
US stocks end with records as Fed’s Powell signals no rush to end stimulus
NEW YORK (AFP) – Wall Street ended the week with new records after Fed chairman Jerome Powell signalled the central bank could slow its stimulus …
Country now comes before profit for China’s tech giants
HONG KONG (BLOOMBERG) – China’s biggest companies are starting to make a habit out of giving away their earnings. In the latest example, Pinduoduo, an …
Taleban co-founder in Afghan capital as evacuation scramble continues
KABUL (AFP) – Taleban leaders gathered in the Afghan capital on Saturday (Aug 21) to begin mapping out an “inclusive government”, as thousands scrambled to …
US stocks finish losing week on positive note
NEW YORK (AFP) – Wall Street stocks finished a lacklustre week on a positive note on Friday (Aug 20), rallying in a wave of bargain-hunting …
US stocks end nearly flat after choppy session
NEW YORK (AFP) – Wall Street stocks ended a choppy session little changed on Thursday (Aug 19) as markets weighed better employment data against global …
US regulator leans hard on China IPOs to explain offshore structures
NEW YORK (BLOOMBERG) – Chinese companies applying to go public in the United States are facing increasingly detailed questions from the US Securities and Exchange …
Japan’s economy rebounds in April-June, Covid-19 clouds outlook
TOKYO (REUTERS) – Japan’s economy rebounded more than expected in the second quarter after slumping in the first three months of this year, data showed, …
US stocks fall on Delta worries, profit taking
NEW YORK (AFP) – Wall Street stocks fell on Friday (Juy 30), concluding the week on a lackluster note on worries about the Delta variant …
Tycoon’s $8 billion surge unseats Samsung heir as richest South Korean
SEOUL (BLOOMBERG) – Brian Kim, the founder of South Korean messaging giant Kakao Corp, has seen his fortune jump by more than US$6 billion (S$8.1 …
Oil declines after OPEC+ agrees to boost production into 2022
NEW YORK (BLOOMBERG) – Oil eased after OPEC+ agreed to boost production into 2022, resolving an internal dispute that had shaken the alliance. Brent crude …
Nasdaq ends lower as investors sell Big Tech
NEW YORK (REUTERS) – The Nasdaq ended lower on Thursday (July 15), pulled down by Apple, Amazon and other Big Tech companies as a fall …
Oil edges higher with investors betting on accelerating demand
NEW YORK (BLOOMBERG) – Oil edged higher after a two-day gain amid optimism that fuel demand will keep rising, despite a Covid-19 resurgence in many …
Dow, S&P 500, Nasdaq end at records after solid US jobs data
NEW YORK (AFP) – US stocks finished the week with a flourish on Friday (July 2), with all three major indices posting records after a …
Crippled cargo ship towed to Singapore after fire
COLOMBO (AFP) – A container ship left adrift in the Indian Ocean after an engine room fire was being towed to Singapore on Saturday (June …