S’pore to have 11 public holidays in 2022, including 5 long weekends
SINGAPORE – There will be five long weekends in 2022, according to the Ministry of Manpower’s (MOM) release on gazetted public holidays – one more than this year’s four. Of […]
Wall Street ends mixed as Treasury yields pause
NEW YORK (REUTERS) – The Nasdaq ended higher on Friday (March 19), lifted by Facebook and energy shares, while the S&P 500 lost ground as US Treasury yields took a […]
Banks boost European stocks as recovery hopes grow
BENGALURU (REUTERS) – Shares of banks and automakers lifted European shares on Monday as investors continued to move into economy-linked sectors on hopes of a solid economic rebound from the […]
Asia shares, dollar celebrate US stimulus, oil hits 1-year high
SYDNEY (REUTERS) – Asian shares rallied on Monday (March 8) while the US dollar held near three-month peaks after the US Senate passage of a US$1.9 trillion stimulus bill and […]
Asia stocks bounce as bond market calms
SYDNEY (REUTERS) – Asian shares firmed on Monday (March 1) as some semblance of calm returned to bond markets after last week’s wild ride, while progress in the huge US […]
Asia stocks follow Wall Street plunge on stock valuation worries
NEW YORK (REUTERS) – Asian stocks skidded on Thursday (Jan 28) after Wall Street sank amid deepening concerns about stretched valuations in stock markets, while the US dollar and bonds […]
Markets upbeat on Yellen’s push for large fiscal stimulus
Regional investors were generally won over yesterday when United States Treasury Secretary nominee Janet Yellen made the case for President Joe Biden’s US$1.9 trillion (S$ 2.5 trillion) relief package. Dr […]
Airbnb shines as Dow, S&P 500 edge lower
NEW YORK (AFP) – Wall Street stocks had a mixed session on Thursday (Dec 10) following disappointing employment data, while Airbnb rocketed higher in its market debut. New applications for […]
Cyclist jailed after crashing into pedestrian who died five days later
SINGAPORE – A cyclist has been given a prison sentence over an accident involving a pedestrian who died of his injuries five days after the crash. Toni Timo Salminen, who […]
Singapore shares rally on hope of US stimulus
Most key regional share markets rallied yesterday on the back of optimism that a new United States stimulus package would be passed before the Nov 3 presidential election. Speculation that […]