Local stock market trading sentiment is good, and the Haixing Index rose 0.25% at the opening.
The declines include Frasers Logistics and Commercial Trust, Seatrium and Huaye Group (UOL). The leading overseas index components include Sembcorp Industries, CapitaLand Integrated Commercial Trust (CICT) and CapitaLand Investment. The local stock...
ASEAN manufacturing industry continues to shrink, PMI hits its lowest since August 2021 in June
The survey covers seven countries, Singapore, Indonesia, Malaysia, the Philippines, Thailand, Vietnam and Myanmar, accounting for a total of 98% of ASEAN's manufacturing added value. Overall output decline was milder, the same as last month. But...
Top Gloves net profit fell 31% to 10.47 million yuan in the third quarter
As of the first three quarters of fiscal year 2025 at the end of May, the company's revenue increased by 55% year-on-year to RM2.599.79 million. The company also turned losses into profits during this period, with net profit reaching RM70.5 mill...
U.S. market fell on Tuesday, focusing on tensions between Microsoft and partner OpenAI
Microsoft Corporation The report quoted people familiar with the matter as saying that OpenAI's negotiations with Microsoft in this regard were "extremely difficult", so that in recent weeks, OpenAI executives even discussed their choi...
Keppel Infrastructure Trust Disbands 24.62% Stake in Australia Bus Company Priced at A$130 million
The trust's management company pointed out that the funds obtained from the exchange and the previous 50% equity sale of Philippine Coastal Storage and Pipeline Corporation each receive approximately S$300 million, which will strengthen the trus...
Dahua Research: US tariff war has made Singaporean companies optimistic by nearly 30 percentage poin
UOB released the "2025 Business Outlook Study" report on Thursday (June 5), showing that after Trump waved the tariff stick, business confidence in Southeast Asia and Greater China declined. Only 48% of ASEAN's surveyed companies have...
Jinchengxing Holdings turns losses into profits in the second half of the year and will pay an annua
The board of directors recommends paying an annual dividend of 0.75 cents per share, up from 0.50 cents a year ago. Adding an interim dividend of 0.50 cents, the dividend for fiscal 2025 is therefore 1.25 cents, higher than 1 cent per share a year a...
Gold prices return to $3,300, and the market is optimistic about the trend as the trade war heats up
Colin Cieszynski, chief market strategist at SIA Wealth Management in Canada, believes that the renewed trade war tensions are beneficial to gold prices. “I am optimistic about gold prices in the coming weeks as Trump speaks harder about tariffs aga...
IHH s NTK has increased its claim amount by 10 times to 1.8 billion yuan from Japanese pharmaceutica
NTK initially asked for compensation for losses of 20 billion yen, with an annual interest rate of 3%. But on February 6 this year, NTK submitted a briefing and expert report to the Tokyo Court, evaluating the losses it suffered in detail. The repor...