Politics
US: Wall Street opens lower as changing rate expectations boost yields
Wall Street’s main indexes fell at the open on Monday (Oct 7), pressured by a rally in Treasury yields as investors dialled back bets on the scope of the...
OUE Healthcare unit signs alliance agreement with Shanghai hospital
Under the accord, the two hospitals will have a ‘two-way green channel access’ for patientsCATALIST-LISTED OUE Healthcare, through its joint venture hospital in Changshu, China, has signed a healthcare...
Ericsson reaches deal to sell US firm to Koch unit
SWEDISH telecom equipment maker Ericsson reached a US$1 billion deal to sell its US call-routing business Iconectiv to a private investment arm of Koch.Ericsson expects to get about 10.6...
Gold holds near record high on US rate cut optimism
GOLD prices held steady on Monday (Aug 19) near a record high scaled in the previous session, as rising expectations of a US interest rate cut next month lifted...
Singapore stocks open higher on Monday; STI up 1.1%
SINGAPORE stocks started trading in positive territory on Monday (Aug 19), a day after Prime Minister Lawrence Wong gave his first National Day Rally speech. As at 9.01 am, the...
Memiontec husband and wife co-founders out on bail amid CAD probe
THE co-founders of water treatment company Memiontec have been released on bail after being interviewed by the Commercial Affairs Department (CAD). The interview was part of the CAD’s investigations...
Hot stock: Yoma falls 17% after denying criminal proceeds from online scam centres used to fund real estate project
It says the project has not required or received external funding in recent yearsSHARES of Yoma Strategic fell 16.8 per cent on Monday (Aug 19) morning, after it made...
South Korean AI chip makers Rebellions and Sapeon agree to merge
SOUTH Korean artificial intelligence (AI) chip makers Rebellions and Sapeon Korea have signed a definitive merger agreement, the privately held companies said on Sunday (Aug 18).They announced merger negotiations...
Stocks to watch: Keppel, Jardine C&C, Yoma, Memiontec
THE following companies saw new developments that may affect trading of their securities on Monday (Aug 19):Keppel: The mainboard-listed company, with ACEN and GenZero, has signed a memorandum of...
US: Wall Street slips at open after strong run, weak housing starts data
Wall Street’s main indexes opened lower on Friday (Aug 16) after a weak housing starts report dampened sentiment after the S&P 500 and the Nasdaq’s six-straight sessions of gains...
