Posts Tagged ‘Boosted’
Frasers Property logs S$1.4 billion in pre-sold residential revenue, boosted by China sales
The company launched the first phase of unit sales at the Fang Song Community high-end residential project in Shanghai [SINGAPORE] Frasers Property recorded S$1.4 billion in pre-sold residential revenue across Singapore, Australia, Thailand and China as at Dec 31, 2025, the developer said in its Q1 business update on Friday (Feb 6). China accounted for…
Read MoreFLCT logs positive rental reversions in Q1, boosted by logistics and industrial segment
[SINGAPORE] The manager of Frasers Logistics & Commercial Trust (FLCT) recorded positive rental reversions of 10.7 per cent on an incoming versus outgoing basis, in the first quarter ended Dec 31. On an average versus average basis, the trust booked positive rental reversions of 29.8 per cent, said FLCT in its business update on Tuesday…
Read MoreIntel pursued deals that boosted CEO Tan Lip-Bu’s fortune: sources
Some chip-industry analysts have said in research notes that they welcomed Tan’s industry relationships [SAN FRANCISCO] When the chairman of artificial intelligence (AI) chip startup Rivos wanted Intel to bid for the company, he had no need to phone the chip giant. That’s because the chairman of Rivos was also Intel’s CEO: Tan Lip-Bu. Tan…
Read MoreEurope: Stocks log record close, boosted by financials, US shutdown relief
EUROPEAN shares logged a second consecutive record close on Wednesday, boosted by financials as investors were relieved by a potential end to a historic US government shutdown and weighed a series of corporate updates. The pan-European Stoxx 600 index ended up 0.71 per cent at 584.23 points. France’s CAC 40 gained 1 per cent, while Spain’s IBEX…
Read MoreAsia: Markets boosted by hopes for deal to end US shutdown
EQUITIES rallied on Monday on hopes that the US government shutdown could be nearing an end after reports said lawmakers had reached a deal to break the record-breaking 40-day impasse. The prospect of a resumption of operations in the world’s biggest economy helped temper lingering worries about extended tech valuations amid talk of an AI…
Read MoreApple’s shipments in China boosted by iPhone 17 series
[BEIJING] Apple’s shipments in China grew 0.6 per cent from the year before to 10.8 million units in the third quarter. This is amid sluggish demand in China’s smartphone market, based on data issued by research firm IDC on Wednesday (Oct 15). Apple, which had the second-highest tally of shipments during the period, held a…
Read MoreUS: S&P 500, Nasdaq hit record highs on boosted rate-cut bets
[NEW YORK] The S&P 500 and the Nasdaq hit intraday record highs at the open on Wednesday (Sep 10), after cooler-than-expected producer inflation data boosted bets on interest-rate cuts by the Federal Reserve, while a surge in cloud computing firm Oracle added to gains. The Dow Jones Industrial Average rose 20.2 points, or 0.04 per…
Read MoreCSE Global H1 earnings up 8.5% to S$16.3 million, boosted by growth of communications business
[SINGAPORE] Technology solutions provider CSE Global reported a profit of S$16.3 million for the first half of FY2025, up 8.5 per cent from the corresponding period in 2024. Revenue for H1 was up 2.8 per cent to S$440.9 million, from S$428.9 million, led by the growth of its communication business segment in the Americas region. …
Read MoreWall Street bonus pool to grow as bank revenue boosted by rally
[NEW YORK] The outlook for Wall Street bonuses is improving, with payouts now set to rise across most sectors of the finance industry as the market rebounds. After a tepid start to the year, investment bankers, hedge-fund employees and asset-management professionals are now poised to see higher year-end incentive pay in 2025, according to the…
Read MoreSingapore shares boosted by retail sales growth; STI up 0.3%
[SINGAPORE] The Straits Times Index (STI) settled higher on Tuesday (Aug 5) for the second consecutive session, supported by stronger-than-expected retail sales figures for June. Retail sales rose 2.3 per cent year on year that month, indicated data released by the Department of Statistics. The growth was broad-based across industries and exceeded the median estimate…
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