The Dow Jones Industrial Average rose 122.1 points, or 0.25 per cent, at the open to 49,271.5.

Wall Street opens higher on ceasefire extension relief

[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Apr 22) after US President Donald Trump extended the ceasefire with Iran, even as uncertainty remained over whether Teheran and US all...

Kin Global executive director and CEO Vincent Chai (left) and executive chairman Ko Chee Wah.

Kin Global’s public offer of 1 million shares 29.5 times subscribed at S$0.23 a share

The sports management company’s invitation also includes 23.9 million placement shares

Tan Choon Siang, CEO of CapitaLand Integrated Commercial Trust's manager, said that the manager was “constantly looking” at opportunities to strengthen its portfolio.

CICT leans on ‘bold acquisitions’ and asset recycling to drive growth

Manager says it has not shied away from bold moves to upgrade portfolio amid AGM questions on Paragon’s S$3.9 billion acquisition

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“We’re off to a good start and continue building on our momentum with stronger performance across our business,” Boeing CEO Kelly Ortberg said in a memo to employees after the results were released.

Boeing posts smaller-than-expected quarterly loss as recovery gains traction

The aerospace giant posted a US$7 million net loss for the quarter

The company’s investors service business, which issues credit ratings, generated a record US$1.15 billion in revenue, up 8 per cent from year ago period.

Moody's profit rises on strong analytics growth, lifts annual forecast

Revenue from the analytics segment rose 8% to US$926 million

Oiltek crossed S$1 billion in market capitalisation on Apr 20, becoming first and only stock originally from the Catalist board to do so and dwarfing its parent Koh Brothers Eco Engineering.

Oiltek to ‘actively review’ capital structure after stock-split query

It responds after shareholder points out current high cost of agritech firm’s shares may ‘dampen market participation and trading momentum’

From left: Jennifer Duong Young, Daniel Marie Ghislain Desbaillets and Wong Ai Ai had been appointed to strengthen governance at Millennium & Copthorne Hotels.

Three directors linked to CDL boardroom tussle quit hotel unit’s board

The three directors were involved in CDL’s high-profile boardroom tussle last year

DeepSeek is seeking to raise funding at a valuation of more than US$20 billion, after its initial discussions with prospective investors generated immense interest.

Tencent, Alibaba in talks to invest in DeepSeek at over US$20 billion valuation: The Information

AI fundraising highlights the intense capital needed to build and run top-tier models

DBS and CGSI are maintaining their "buy" ratings on DFI on its underlying profits exceeding expectations due to lower financing costs and growth across its businesses.
BROKER’S TAKE

DFI beats Q1 estimates, but analysts warn of moderating growth

Growth in all its businesses keeps the retail chain on track to attaining analysts’ FY2026 profit estimates