Posts Tagged ‘Reversing’
S&P 500 extends rally after CME glitch, reversing monthly slide
Markets are continuing to bet that the central bank will cut its benchmark next month [NEW YORK] US stocks notched a fifth-straight day of gains, as the Chicago Mercantile Exchange restarted operations following an earlier outage and expectations for a US Federal Reserve interest-rate cut next month remained intact. The Dow Jones Industrial Average rose…
Read MoreInstitutions net sellers of Singapore stocks, reversing previous week’s net inflow
[SINGAPORE] Over the five trading sessions from Nov 14 to 20, institutions were net sellers of Singapore stocks, with net institutional outflow of S$131 million. This partially reversed the previous week’s S$236 million net inflow. Institutional flows Stocks that had the highest net institutional outflow included DBS, CapitaLand Investment , Yangzijiang Shipbuilding , Singapore Airlines…
Read MoreAEM posts S$4 million 9M net profit, reversing year-ago loss, with “AI era” new solutions
Revenue rose 16 per cent to S$287.5 million, driven by high-volume manufacturing at a major customer [SINGAPORE] Test solutions provider AEM Holdings posted a S$4 million profit for the nine months ended Sept 30, reversing its year-ago loss. This was due to a more favourable product mix, with higher contributions from advanced test solutions, the…
Read MoreClimate-driven Wildfires Reversing Pollution Progress In N. America: Study
Global air pollution is worsening, with the United States and Canada experiencing the sharpest increases due to record-breaking, climate-supercharged wildfires that are undoing decades of progress, a study said Thursday. The Air Quality Life Index (AQLI) annual report uses satellite data to assess levels of particulate matter worldwide, with records dating back to 1998. It…
Read MoreRichard Li’s FWD rises in HK debut, reversing earlier decline
The insurer plans to use the proceeds to reduce debt, support growth and enhance its digital capabilities Published Mon, Jul 7, 2025 · 10:50 AM — Updated Mon, Jul 7, 2025 · 03:42 PM [HONG KONG] Billionaire Richard Li’s FWD Group Holdings rose in its Hong Kong trading debut, reversing earlier declines, after an initial…
Read MoreRichard Li’s FWD rises in HK debut, reversing earlier declines
[HONG KONG] Billionaire Richard Li’s FWD Group Holdings rose in its Hong Kong trading debut, reversing earlier declines, after an initial public offering (IPO) that raised HK$3.5 billion (S$570 million). The insurer’s stock climbed 1.1 per cent to HK$38.40 on Monday (Jul 7), reversing a drop of as steep as 2.5 per cent. The debut…
Read MoreHPL swings into the black with S$32.1 million H2 net profit, reversing H1 loss
HOTEL Properties Limited (HPL), the real estate player owned by tycoon Ong Beng Seng, posted net profit of S$32.1 million for the second half ended Dec 31, plunging from S$578.2 million in the prior corresponding period This reversed the hotel operator’s net loss of S$4.9 million recorded for its first half ended Jun 30, 2024,…
Read MoreUS Rejoins UNESCO, Reversing Trump Withdrawal
The US absence tore a big hole in UNESCO’s financing AFP The United States rejoined UNESCO on Friday, reversing its withdrawal during the Trump administration, the UN’s cultural agency said. Donald Trump announced in 2017 that he was pulling the United States out of UNESCO, alongside Israel, accusing the body of bias against the Jewish…
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