SUBSCRIBERS
STI rises on US rally and little else
Market watchers remain cautious due to the lack of specific reasons for the US markets' best day in nine years
Published Thu, Dec 27, 2018 · 09:50 PM
COMING off two days of losses earlier this week, markets around the world jumped for joy on Thursday at signs of a Santa Claus rally building in the US markets overnight, with the Singapore market all but erasing its losses from the previous session.
The Straits …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Netflix handily beats subscriber targets, misses on revenue forecast
Meta releases early versions of its Llama 3 AI model
Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts
TSMC estimates losses of US$92.4 million due to Taiwan earthquake
Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom
US: Wall St opens higher as some chip stocks bounce back after selloff