Companies & Markets
US stocks pull back as traders evaluate new Middle East developments
Recent moves feel ‘like two or three steps forward and one step back’, says one analyst
Victoria’s Secret soars as turnaround powers upbeat annual forecasts
Shares of the lingerie retailer have nearly trebled in the past 12 months
IEA sees possibility of critically low oil stockpiles ahead of peak summer demand
Around half of the initial 400-million-barrel coordinated release from March is yet to hit the market
UBS offers its first AT1 since Swiss authorities paused reforms
The lender is looking to sell at least US$500 million of perpetual bonds, says a source
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DBS, OCBC close at fresh highs as Singapore banks lead STI gains
Citing wealth momentum as a tailwind, RHB lifts its rating on the Republic’s lenders to ‘overweight’
Tiger Brokers’ parent UP Fintech swings into Q1 loss of US$26.9 million on penalty from China probe
The group is putting up to US$50 million towards a year-long share buyback programme
Singapore stocks rise on Tuesday; STI up 1.2%
DBS leads gainers on the benchmark index, rising 2.9% to end at a fresh high of S$64.67
SK Hynix plans to double capacity to ease memory chip crunch
The company will do whatever it takes to fund the expansion, says chairman Chey Tae-won
Euro’s global role is up slightly, but still distant from the US dollar
Overall usage of the common currency has risen to about 20%: ECB
Keppel should take heart from its success and make a firm pledge on Scope 3 emissions
Its business model includes importing natural gas and managing asset portfolios so the bulk of its emissions impact falls under Scope 3