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Record Number Of UK Cabinet Ministers Defeated In General Election
A record number of Cabinet ministers lost their seats on Friday in Britain’s general election, leaving only a couple of obvious contenders for the party leadership if Rishi Sunak resigns.…
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Banks face record number of UK lawsuits as economy stumbles
Banks in the UK are embroiled in the highest number of lawsuits in a decade in a trend that shows no sign of slowing down. Almost three new cases involving…
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Topix joins Nikkei at record high as Japan’s stocks extend rally
JAPAN’S Topix stock index powered past its bubble-era peak to a record high, as the buying momentum spread beyond a narrow set of stocks and underscored the firm foundations of…
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Japan’s Topix hits all-time high, closing above 1989 record
JAPAN’S Topix stock index powered past its bubble-era peak on Thursday (Jul 4), closing at a fresh record high as buying momentum spread beyond a narrow set of stocks, underscoring…
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Americans look past fuel cost, bad weather to set July Fourth travel record
HIGH fuel costs and the threat of a hurricane are not expected to dampen Americans’ desire to hit the road this summer, with vacationers preparing for record travel to kick…
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Jeff Bezos to sell Amazon shares worth about US$5 billion after stock hits record high
AMAZON founder and executive chair Jeff Bezos is planning to sell almost US$5 billion worth of shares in the e-commerce giant, a regulatory filing showed, after its stock hit a…
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Jeff Bezos to sell US$5 billion of Amazon shares after stock hits record high
AMAZON founder and executive chair Jeff Bezos is planning to sell almost US$5 billion worth of shares in the e-commerce giant, a regulatory filing showed, after its stock hit a…
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Hyundai India eyes record US$3.5 billion IPO
An IPO of that size would break the record set by Life Insurance Corp of India, which raised US$2.5 billion in 2022 Hyundai Motor could raise as much as US$3.5…
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Britain’s Revolut surges to record profit as it seeks US$40 billion valuation
BRITISH fintech company Revolut made a record pretax profit of £438 million (S$753 million) in 2023 on strong user growth and soaring interest-related income, it said on Tuesday (Jul 2),…
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Qatar Airways posts 39% jump in annual profit to record 6.1 billion Qatari riyals
QATAR Airways posted a 39 per cent jump in annual net profit to a record 6.1 billion Qatari riyals (S$2.3 billion) on Tuesday (Jul 2). Revenue grew by 6 per…
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Singapore banks surge to record highs on Tuesday
The strong performances come ahead of the impending Federal Open Market Committee’s meeting THE share prices of the three local banks traded at record highs on Tuesday (Jul 2) after…
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US: Nasdaq at fresh record despite higher Treasury yields
THE Nasdaq powered to a fresh record on Monday (Jul 1) behind gains by tech giants, shrugging off an increase in US Treasury yields that analysts tied to shifting election…
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BYD sales rise to a record on price cuts, tech upgrades
BYD sold a record number of electric and hybrid cars in the second quarter, sales data compiled by Bloomberg News shows, as price cuts and new technology stoked consumers into…
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BYD sales rise to a record on price cuts, tech upgrades
BYD sold a record number of electric and hybrid cars in the second quarter, sales data compiled by Bloomberg News shows, as price cuts and new technology stoked consumers into…
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Bank of England repo demand climbs to record £21 billion
British banks received a record £21.347 billion (S$36.64 billion) in funds from the Bank of England at its weekly short-term repo on Thursday (Jun 27), marking the 11th time in…
