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Philippine peso falls to new record low on rate view, outflow
[MANILA] The Philippine peso fell past the key psychological level of 59 per US dollar to an all-time low, putting pressure on the central bank to defend the currency. The…
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Europe: Shares close at record highs as signs of thaw in US-China tensions build
Investors are focused on central bank policy meetings this week for clues on their interest rate trajectory [BENGALURU] European shares closed at record highs for the third consecutive session as…
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US: Wall Street opens at record highs on US-China trade hopes
WALL Street’s main indexes opened at record highs on Monday (Oct 27), as expectations of a US-China trade truce fuelled risk-taking in a week packed with Big Tech earnings and…
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Buybacks take backseat as AI drives record US capex spending
INVESTORS are increasingly favouring US companies that channel capital towards AI innovation over those offering traditional shareholder payouts such as dividends and buybacks, even as the debate over soaring valuations…
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iFast soars 8.2% to all-time high on robust Q3 earnings; set to hit record net inflows for 2025
Counter hits S$9.99 in early trading before shedding some gains to trade over 6% up in late morning [SINGAPORE] Shares of digital wealth management platform iFast soared nearly 8.2 per…
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MAGA-Linked Lobbying Firms Hit Record Profits Under Trump 2.0
KEY POINTS Despite campaign promises to ‘drain the swamp,’ lobbying expenditures have hit record highs under Trump 2.0.. Ballard Partners, once a small Florida firm, quadrupled its revenue in 2025.…
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Europe: Shares close at record high on US data, trade hopes
[BENGALURU] European shares closed at a record high on Friday (Oct 24), boosted by cooler than expected US inflation data and hopes of an easing in US-Chinese trade tensions, as…
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US: Stocks end at record highs after inflation data; Dow up 1%
[NEW YORK] Wall Street stocks surged to fresh records on Friday (Oct 24) after benign US inflation data set the stage for another US Federal Reserve interest rate cut. All…
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Europe: Stoxx 600 closes at record high on energy boost, earnings in focus
THE Stoxx 600 index closed at a record high on Thursday, led by gains in energy stocks after the US imposed new sanctions on Russia, while investors also gauged the…
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Tesla Hits Record Sales as Musk Pushes for $1 Trillion Pay Package – Timing or Tactics?
Electric carmaker Tesla announced record sales in Q3 2025, bouncing back after two challenging quarters. During the earnings call, Elon Musk renewed his plea for shareholders to approve his $1…
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Expect to keep paying record prices for coffee
President Trump’s tariffs obscure another major factor driving up coffee prices: climate change [WASHINGTON] Americans have been paying more for a cup of coffee after the US imposed a 50…
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Wall Street bonuses expected to hit record as bank profits surge
[NEW YORK] The Wall Street bonus pool is expected to break records this year if current trends continue, as big banks reap profits from soaring stocks and a return to…
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Cat A COE eases to S$122,000, ending streak of record highs
[SINGAPORE] Certificate of Entitlement (COE) premiums for mainstream cars fell 4.8 per cent or S$6,105 to S$122,000 in October’s second bidding exercise, marking the first decline in Category A after…
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Tesla earnings miss despite record third-quarter sales surge
Investors have largely bought into Musk’s vision, driving the shares up 8.7% so far this year [AUSTIN] Tesla’s profit plunged more than expected as sharply rising costs undercut a record…
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US Family Health Insurance Premiums Hit Record $27,000 in 2025
The average annual premium for employer-sponsored family health coverage in the United States has soared to $26,993 in 2025, according to the Kaiser Family Foundation (KFF). The 6% jump from…
