Companies & Markets
US stocks: S&P 500, Nasdaq at record highs as oil pullback brings relief
THE S&P 500 and the Nasdaq held close to record highs on Thursday, helped by an extended fall in oil prices on hopes of a US-Iran deal that could potentially normalise crude supplies through the Strai...
Oil falls below US$100 a barrel on Middle East peace hopes
Iran said on Wednesday that it was reviewing a US peace proposal
McDonald’s value push and bigger burgers drive larger orders
Its results show a rebound from a year ago
Citigroup bets on CEO Fraser’s overhaul to aim for 11% to 13% profitability
Last month, the bank beat Wall Street expectations for first-quarter profit
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6-storey office building planned near Changi Airport Terminal 3
[SINGAPORE] The operator of Changi Airport is looking to develop a new office building near Terminal 3.
Aims Apac Reit H2 DPU rises 4.1% to S$0.0513 on higher rental, recoveries
Revenue is up 4.1% at S$97 million for the period, from S$93.1 million the year before
Singapore’s oil product stocks hit over nine-month lows as US-Iran war cuts supply
[SINGAPORE] Oil product stocks in Asia’s oil hub Singapore hit their lowest in more than nine months after the US-Iran war curtailed Middle East crude and fuel exports, official data showed on Thursda...
ST Engineering unit bags Middle East smart mobility projects worth over S$100 million
The group’s urban solutions business has a ‘decade-long track record’ in the region
CIMB appoints veteran banker Mak Joon Nien as Singapore CEO
This follows Victor Lee’s abrupt resignation last September
Singapore stocks rise, tracking regional gains; STI up 0.3%
Across the broader market, gainers outnumber losers 416 to 225, after 2.1 billion securities change hands