Gains
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Oil climbs 2%, notches weekly gains ahead of Opec+ decision
OIL prices rose 2 per cent on Friday (Mar 1) and posted weekly gains as traders awaited an Opec+ decision on supply agreements for the second quarter, while also weighing…
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Asia: Markets mostly up after US gains
ASIAN markets were largely higher on Friday following Wall Street gains driven by tech rallies and key US inflation data that met investors’ expectations. While AI optimism helped buoy trading…
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Asian Markets Mostly Up After US Gains
Asian markets were largely higher on Friday following Wall Street gains driven by tech rallies and key US inflation data that met investors’ expectations. While AI optimism helped buoy trading…
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Rolex sales top US$10 billion as luxury watchmaker gains ground, Morgan Stanley says
ROLEX sales crested US$10 billion for the first time as the top Swiss watch brand gained market share, according to a report by Morgan Stanley. The dominant Swiss luxury watch…
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Rolex sales top US$10 billion in 2023 as luxury watchmaker gains ground
ROLEX sales crested US$10 billion for the first time as the top Swiss watch brand gained market share, according to a report by Morgan Stanley. The dominant Swiss luxury watch…
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Oil gains on potential Opec+ cuts, curbed by jump in US crude stocks
OIL prices rose marginally on Wednesday as the prospect of delays to US interest rate cuts and a higher-than expected rise in US crude stocks offset support from a potential extension…
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Far East Orchard H2 net profit up four times to S$57.7 million on gains from student accommodation investments
REAL estate group Far East Orchard posted on Wednesday (Feb 28) a net profit of S$57.7 million for the six months ended Dec 31, 2023, more than four times the…
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Far East Orchard H2 net profit up four times on gains from student accommodation investments
REAL estate group Far East Orchard posted on Wednesday (Feb 28) a net profit of S$57.7 million for the six months ended Dec 31, 2023, more than four times the…
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UOL posts 374% leap in H2 profit to S$572.7m on gains from Parkroyal Kitchener sale
REAL estate group UOL has announced a 373.9 per cent leap in net profit to S$572.7 million for its fiscal second half ended Dec 31, 2023, on a S$442.3 million…
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Zoom gains after sales top estimates on enterprise customers
ZOOM Video Communications reported quarterly sales and profit that topped analysts’ estimates, a sign that corporate customers are sticking with the software company. The shares gained more than 10 per…
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Warren Buffett says Berkshire ‘built to last’ though eye-popping gains are over
WARREN Buffett on Saturday (Feb 25) moved to reassure investors that his conglomerate Berkshire Hathaway would serve them well over the long term, even as he mourned the recent passing…
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Gold gains on dollar weakness, safe-haven demand
GOLD prices were set for a weekly gain on Friday, buoyed by a softer dollar and safe-haven demand from escalating tensions in the Middle East, even as US Federal Reserve…
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Russia Claims Gains In East Ukraine As Two-year Mark Approaches
Russia claimed on Thursday its forces had advanced further in east Ukraine, piling pressure on Kyiv days before the two-year anniversary of the conflict. Ukraine has faced intense pressure on…
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Moderna beats sales estimates as Covid shot gains market share
MODERNA reported fourth-quarter revenue that beat analysts’ expectations by gaining Covid vaccine market share on its rival, Pfizer. The company posted quarterly revenue of US$2.8 billion for its Covid-19 vaccine,…
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Asia: Markets open higher after US tech gains
ASIAN markets opened mostly up on Thursday, after higher-than-expected earnings from tech giant Nvidia and as investors weigh Fed minutes signalling most US officials are in no rush to cut…
