Capital Markets & Currencies
S&P 500 opens subdued as Nvidia’s strong results draw muted reaction
[NEW YORK] The S&P 500 and the Nasdaq were muted at the open on Thursday (Feb 26), as Nvidia’s stellar earnings garnered a tepid reception, while broader technology stocks lost ground as investors ass...
Yangzijiang Financial drops 14.5% to 2-year low on expected reversal into red
The group expects to post losses for its second half and full year due to the recognition of substantial credit loss allowances
Singlife offers new indexed universal life plan amid growing HNW demand
The launch comes amid growing appetite for UL plans, fuelled by rising wealth creation across Asia-Pacific
Singapore stocks fall 0.9% on Thursday as banks drag; Seatrium rises on earnings
The iEdge Singapore Next 50 Index slips 0.6% to 1,517.79
Renminbi extends advance to mark longest winning streak since 2010
Exporters are seen stepping up foreign-currency settlements, helping the currency’s strength
UBS sees 20% upside for China stocks on reflationary potential
A reflationary environment would drive a valuations re-rating and stronger earnings-per-share growth
Hong Kong exchange posts record profit as equity turnover doubles, listings rebound
HKEX will pay a second interim dividend payment of HK$6.52 per share
Stocks to watch: Seatrium, Food Empire, AEM, YZJ Shipbuilding, Hong Leong Asia
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Feb 26):
Singapore firms’ 2025 dividend payouts hit US$18.7 billion record high amid boost from banks: study
This follows a US$2.1 trillion record for global dividends and higher normal dividends from DBS and Singapore telcos
European shares close at record high on HSBC boost, easing AI disruption fears
EUROPEAN shares closed at a record high on Wednesday, underpinned by a rebound in financials after HSBC raised a key lending target, while concerns that newer AI models might imminently disrupt tradit...