Fashion
Europe: Stoxx 600 clocks all-time closing high on China stimulus boost
EUROPEAN shares jumped on Thursday, with China-exposed stocks such as luxury and miners outperforming on news of aggressive Chinese economic stimulus, while chip stocks also advanced following US firm...
US: S&P 500 at fresh record on Micron results, China stimulus
WALL Street stocks powered higher on Thursday, with the S&P 500 finishing at a fresh record, following strong Micron earnings and statements from Beijing signaling likely additional stimulus.Analysts described Micron’s earnings...
Swatch CEO says no take-private plans underway as shares soar
SWATCH Group chief executive officer Nick Hayek said there are no plans underway to take the watchmaker private, although it’s something that “would be nice to do.”
The CEO made...
Swatch CEO says ‘nothing new’ in buyout talk lifting stock
SWATCH Group chief executive officer Nick Hayek said that it’s “pure speculation” that the company is considering going private now, although it’s something that “would be nice to do.”
The...
CICT’s preferential offering closes with 82% valid acceptances
CAPITALAND Integrated Commercial Trust (CICT) received valid acceptances of 82 per cent at the close of its preferential offering on Tuesday (Sep 24).In a bourse filing on Thursday, the...
China’s August net gold imports via HK lowest in over 2 years
China’s monthly net gold imports via Hong Kong dropped 76 per cent to their lowest level in more than two years in August, data showed on Thursday (Sep 26),...
World coffee, sugar prices surge as drought-hit Brazil awaits rains
WORLD coffee and sugar prices surged to new highs on Thursday (Sep 26) as investors remained focussed on drought-hit Brazil, the top grower of both commodities, with weather forecasts...
Commerzbank to begin talks with UniCredit as it woos investors with profit goals
Commerzbank will hold a first round of talks with UniCredit on Friday (Sep 27) as the Italian lender presses for a possible tie-up, the German bank’s designated CEO, Bettina...
We went to a gala for AI-produced movies. Here’s what we saw
SAN FRANCISCO — San Francisco Film Commission Vice President Jack Song has been to many Hollywood movie premieres before, but this was a first — a gala led by...
Singapore stocks continue to falter, bucks regional trend; STI down 0.03%
THE Straits Times Index (STI) fell on Thursday (Sep 26), bucking regional indices which registered gains.
The STI was down 0.03 per cent or 1.04 points to 3,582.23, continuing to...
