Australian shares fall as doubts over US-Iran deal persist; banks, miners drag

AUSTRALIAN shares slipped on Friday, dragged by miners and banks, while domestic fuel supply concerns and doubts over whether upcoming US-Iran peace talks would help ease disruptions in the Strait of ...

The MSCI China Index has fallen about more than 1% during the period, while a Hang Seng gauge of Chinese stocks is little changed.

China fund beating 98% of peers bets on AI chain, healthcare

Chinese AI firms’ worldwide recognition has extended far beyond the big tech names

CGS International Securities and DBS are the joint bookrunners of the proposed placement by MoneyMax.

Stocks to watch: FLCT, Yangzijiang Maritime, MoneyMax, Keppel Pacific Oak US Reit

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Apr 17): 

Revenue for the quarter climbed 5.1% on the year to US$38.7 million from US$36.9 million.

Kore US Reit Q1 distributable income rises 4.3% on higher adjusted NPI

The improvement is mainly due to higher one-off other operating income and cash rental income

The Stoxx 600 index ended flat at 616.95 points on Thursday.

European shares muted with Middle East developments, corporate results in focus

EUROPEAN shares were little changed on Thursday as markets weighed progress toward a potential resolution to the Middle East conflict, while investors assessed a fresh batch of corporate earnings.

All three major US indices closed higher on Thursday.

US stocks: S&P 500, Nasdaq edge up to new records with Middle East hopes in focus

Nasdaq’s gain represented its 12th consecutive advance, its longest winning streak since July 2009

The benchmark Straits Times Index is down 13.37 points at 5,007.83.

Singapore stocks fall, bucking regional trend; STI down 0.3%

Across the broader market, gainers outnumber losers 397 to 219 after 2.1 billion securities change hands

The war in the Middle East caught the market wrong-footed as many traders were betting on greenback weakness to start the year.

Global investors boost US dollar-hedging ratio to two-year high

Hedging ratio on the greenback rises to 63% as of Apr 10

Markets globally are within reach of recovering to pre-war levels.

Japan’s Nikkei closes at record high, wiping out Iran war losses

The index is just 0.8% away from the 60,000 milestone eyed by investors

The company – which was co-founded by Singapore tycoon Sunny Verghese (above) – said in January that it had obtained approvals from all jurisdictions save for two.

Olam gets nod from final jurisdiction to divest 44.58% of Olam Agri to Saudis

Proposed sale is the first of two tranches in the group’s US$2.6 billion divestment of its remaining stake in the agribusiness unit