Asian Business Headlines at 4:00 a.m. GMT
Stock market today: Asia shares mostly rise while some regional markets stay closed for holidays
Stock market today: Asia shares mostly rise while some regional markets stay closed for holidays
DBS plans to increase its final dividend to 60 cents per share - up from 54 cents paid in the preceding three quarters
With demand for AI set to grow over the long term, here are four Singapore REITs that can provide you with exposure to this booming sector. The post 4 Singapore Data Centre REITs That Should Benefit from the AI Investment Boom appeared first on The Smart Investor.
SINGAPORE (Reuters) -Shares of DBS soared to a record high on Monday after Singapore's largest bank flagged an improvement in net interest income for 2025 and a dividend capital return plan, in line with a jump in fourth-quarter profit that met expectations. Southeast Asia's largest bank by assets now expects 2025 group net interest income to slightly exceed last year's S$15.04 billion ($11.1 billion), an upgrade from its previous forecast of remaining at 2024 levels. "While macroeconomic and geopolitical uncertainties persist, the franchise and digital transformations carried out over the past decade position us well to continue delivering healthy returns," DBS Chief Executive Officer Piyush Gupta said in a statement.
For one of the richest people in the entire world, Warren Buffett, the CEO of Berkshire Hathaway, is surprisingly down to Earth. He famously lives in the same modest house in Omaha that he bought in...
Laopu Gold, a Beijing-based jeweller known for its handmade accessories, has emerged as a favourite among affluent consumers, as global luxury brands like Louis Vuitton and Gucci grapple with tepid consumer spending in China and sluggish sales across the region. With just 36 stores in Greater China, the Hong Kong-listed company sold 3.5 billion yuan (US$482.7 million) worth of pure gold and gem-set jewellery in the first half of 2024, up 148 per cent from a year earlier, according to its interim
We recently published a list of 10 Firms That Soared Last Week. In this article, we are going to take a look at where Palantir Technologies Inc. (NASDAQ:PLTR) stands against other firms that soared last week. Last week saw volatile trading in the stock market as investors scrambled to react from a series of positive […]
We recently published a list of Michael Burry Stock Portfolio: Top 8 Stock Picks. In this article, we are going to take a look at where Alibaba Group Holding Limited (NYSE:BABA) stands against other Michael Burry’s top stock picks. Legendary investor Michael Burry is best known for his contrarian strategies that often outperform the overall […]
TOKYO (Reuters) -Japanese cosmetics giant Shiseido said on Monday its full-year profit slumped 73%, partly due to a drop in consumer spending in key overseas market China, a trend the company expects to continue into 2025. Shiseido said its operating profit came in at 7.58 billion yen ($49.9 million) in the 12-month period ended December 31, compared with 28.13 billion yen the prior year. A retailer of high-end personal goods, Shiseido is seen as a barometer for consumer confidence in China, a market the company and its peers have come to rely on for sales growth.
We recently published a list of Jim Cramer’s Thoughts on These 9 Stocks. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against other stocks that Jim Cramer discusses. Jim Cramer, host of Mad Money, recently pointed out some unexpected trends in the stock market this year, spotlighting […]
* Indonesia stocks at lowest since June, 2023 * Taipei shares drop as much as 1.3% * DBS gains up to 4.1% (Updates as of 0627 GMT) By Rishav Chatterjee and Rajasik Mukherjee Feb 10 (Reuters) - Emerging markets were jittery on Monday on rising global trade tensions, with equities in three export-reliant Southeast Asian countries dropping sharply, while stocks in Singapore hit a record high led by top lender DBS following an upbeat outlook. Meanwhile, foreign exchange markets mostly struggled for direction.
The Hershey Company's ( NYSE:HSY ) investors are due to receive a payment of $1.37 per share on 14th of March. This...
Arm Holdings ( NASDAQ:ARM ) Third Quarter 2025 Results Key Financial Results Revenue: US$983.0m (up 19% from 3Q 2024...
SYDNEY/LONDON (Reuters) -The dollar edged higher on Monday after U.S. President Donald Trump warned more tariffs were imminent including on steel and aluminium, although U.S. futures and European stocks shrugged off the looming levies and rose. Speaking to reporters on Air Force One, Trump said he would announce on Monday 25% tariffs on all steel and aluminium imports into the U.S., and reveal other reciprocal tariffs on Tuesday or Wednesday. China's retaliatory tariffs on some U.S. exports take effect on Monday, with no sign as yet of progress between Beijing and Washington.
PC Connection, Inc. ( NASDAQ:CNXN ) will increase its dividend from last year's comparable payment on the 14th of March...
We recently published a list of 10 Best Energy Dividend Stocks To Buy Right Now. In this article, we are going to take a look at where Occidental Petroleum Corporation (NYSE:OXY) stands against other best energy dividend stocks to buy right now. The energy sector’s presence within the broader US stock market has fluctuated over […]
If you feel your credit card bill is bad, you should see the amount of federal debt the United States holds. The rapidly growing deficit seems to indicate between what the government spends, including...
Being a wealthy person means not only making money, but then taking steps to maintain that wealth. That means avoiding certain money behaviors that the average person might do without thinking twice....
Global investors showed strong interest in using onshore Chinese bonds as collateral in short-term borrowing agreements in Hong Kong, burnishing the city's status as an offshore yuan hub. The new arrangement, which kicked off on Monday, is part of a slate of policy measures unveiled last month by central banks on the mainland and Hong Kong to deepen cross-border financial connectivity. The repurchase-agreement measure had been seen as a "last-mile" reform that would ease capital-flow controls, h
Shares of DBS soared to a record high on Monday after Singapore's largest bank flagged an improvement in net interest income for 2025 and a dividend capital return plan, in line with a jump in fourth-quarter profit that met expectations. Southeast Asia's largest bank by assets now expects 2025 group net interest income to slightly exceed last year's S$15.04 billion ($11.1 billion), an upgrade from its previous forecast of remaining at 2024 levels. "Our previous guidance was actually for four U.S rate cuts in 2025, we are now assuming two rate cuts, and probably likely in the second half as opposed to the first half," DBS Deputy Chief Executive Officer Tan Su Shan said in a briefing on Monday.
President Donald Trump‘s latest trade policy memo could find unexpected support from an unlikely source—McDonald’s (NYSE:MCD) hamburger prices. The Economist’s Big Mac Index, a longstanding measure of currency values, shows China’s yuan may be substantially undervalued against the dollar—exactly the kind of disparity that has caught the president’s attention. A Big Mac costs $5.79 in the U.S. but only $3.52 when converted from yuan in China, according to the latest data. The 40% price gap sugges