Bullish sentiment pushes Nasdaq, S&P 500 to records
NEW YORK (AFP) – US stocks had another healthy day of trading on Thursday (Nov 4), with the S&P 500 and Nasdaq again posting records and the Dow dipping only […]
Wall Street ends sharply lower in broad sell-off
NEW YORK (REUTERS) – Wall Street plunged on Monday (Sept 20) as fear of contagion from a potential collapse of China’s Evergrande prompted a broad sell-off and sent investors fleeing […]
OCBC Q1 profit more than doubles to record $1.5 billion
SINGAPORE – OCBC beat market expectations on Friday (May 7) as its first-quarter profit more than doubled on the strong performance of its wealth and insurance businesses and lower allowances for bad […]
US stocks finish sharply higher after healthy jobs report
NEW YORK (AFP) – Wall Street stocks finished strong on Friday (March 5) after a rollercoaster session, as healthy February employment data overcame worries of impending inflation, which hit equities […]
OCBC Q4 profit drops 9% to $1.13 billion on lower total income
SINGAPORE (REUTERS) – Singapore’s second-biggest listed-lender, Oversea-Chinese Banking Corp, reported a 9 per cent drop in quarterly profit on Wednesday (Feb 24), dragged down by a 15 per cent decline […]
DBS Q3 profit drops 20% to $1.3 billion
SINGAPORE – DBS Group Holdings posted a 20 per cent drop in third-quarter net profit to $1.3 billion from $1.63 billion a year earlier, as it set aside higher allowances for potential bad […]
Regional markets mixed on uncertainties in US
Regional investors seemed stuck in limbo yesterday seeking signs of certainty regarding a stimulus package in the United States while also keeping a wary eye on the looming presidential election […]