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US corporate bond sales hit US$153 billion in February record
BLUE-CHIP companies in the United States sold a record US$172 billion of bonds in February after falling yields spurred investors to buy debt and pushed companies to take advantage of…
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‘Built to last’ Berkshire nears US$1 trillion valuation after record profit
WARREN Buffett-led Berkshire Hathaway inched closer to US$1 trillion market value on Monday (Fen 26), as the Class B shares of the investment conglomerate gained 5 per cent after posting…
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Japan’s SMFG aims for three successive years of record profit, CEO says
SUMITOMO Mitsui Financial Group (SMFG) aims for three successive years of record net profit as Japan’s second-largest lender beefs up its business portfolio abroad including in India and the United…
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Philippines raises record 585 billion pesos from retail treasury bonds
THE Philippines raised a record 585 billion pesos (S$14 billion) from the sale of small-denominated treasury bonds, which will help fund government projects and plug a gaping budget shortfall. Of…
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Europe: Shares end week at record highs on earnings boost
EUROPEAN shares closed at a record peak for a second day on Friday (Feb 23) after gains in Standard Chartered following a strong earnings report, while comments from European Central…
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Singapore Airshow pulls in record of nearly 60,000 trade attendees
THE 2024 edition of the Singapore Airshow has attracted a record number of trade attendees, with almost 60,000 attending the show at Changi Exhibition Centre from Feb 20 to 23.…
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Asia: Markets advance after record rallies
ASIAN shares climbed on Friday following a day of record highs in Japanese, US and European markets after demand for AI-powering chips drove tech gains. Investors celebrated on Thursday as…
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Asian Markets Advance After Record Rallies
Asian shares climbed Friday following a day of record highs in Japanese, US and European markets after demand for AI-powering chips drove tech gains. Investors celebrated on Thursday as bumper…
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Nvidia tops Meta record with over US$230 billion jump in value
NVIDIA is on track to best Meta Platforms’ historic stock-market session, just three weeks after the Facebook owner set the record. Shares in the chipmaker surged 14 per cent, putting…
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Zurich Insurance announces US$1.25 billion buyback after record profit
ZURICH Insurance posted a better than expected annual operating profit on Thursday (Feb 22) and announced a share buyback of up to US$1.25 billion, as insurers ride out the impact…
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Financial Security, Not Fine Art, Helps Drive Japan Stocks To Record High
Before Japan’s asset bubble catastrophically burst in the early 1990s, stockbroker Ryuta Otsuka remembers waving a 10,000-yen note to hail a taxi after evenings sipping champagne at high-end Tokyo nightclubs.…
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Japan’s crazy 1980s bubble a dim memory as Nikkei hits record high
AS JAPANESE shares finally reclaim past peaks it harks back to a time when everyone in the country seemed to be a stock market millionaire – a Tokyo car park…
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Japan’s Nikkei breaks bubble-era record
JAPAN’S Nikkei 225 on Thursday (Feb 22) finally broke through a record high set just before the country’s asset bubble catastrophically burst in the early 1990s. The index of blue-chip…
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Japan’s Nikkei Breaks Bubble-era Record
Japan’s blue-chip Nikkei 225 on Thursday finally broke through a record high set just before the country’s asset bubble catastrophically burst in the early 1990s. At 12:31 pm (0331 GMT),…
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Roblox game developers earned a record US$741 million last year
VIDEO-GAME makers are earning more money than ever developing and distributing games on Roblox. In 2023, Roblox paid out a record US$740.8 million to game creators, according to a company…
