Singapore Airlines shares fall 6% as profit nearly halves amid intensifying competition
The fall in profits was due to “increased capacity and stronger competition in key markets,” the airline said.
Singapore’s DBS eyes Malaysian bank stakes in expansion push, Reuters reports
Singapore’s DBS Group Holdings, is exploring expansion into Malaysia, considering acquiring stakes in local banks, Reuters reports.
CNBC Daily Open: Trump supercharged the markets, but his policies could make the rally sputter out
President-elect Donald Trump’s focus on the domestic economy has turbocharged the markets. But his proposed policies threaten to slow down the rally.
Asia-Pacific markets mostly slip as China data and stimulus fall short of expectations
China’s inflation came in at 0.3% in October, lower than the 0.4% seen in September
Temperatures cool in Japan, but inbound travel shows little sign of slowing down
Temperatures are cooling in Japan, but interest in visiting shows no signs of abating, as autumn arrivals continue to outpace pre-pandemic levels.
Dow jumps 300 points to close above 44,000 for the first time as Trump enthusiasm continues
Both the S&P 500 and 30-stock Dow surged to closing records on Monday.
This wind stock tanked after Trump’s win. Analysts now say buy the dip, giving it major upside
The consensus price target of all analysts covering the stock points to an upside of more than 50%.
Nomura names Japanese stocks that trade like bitcoin — and analysts give one over 80% upside
Nomura has screened for Japanese stocks with “high bitcoin price sensitivity,” following a surge in the cryptocurrency’s price.
The big-money battle to host an F1 race is heating up
To continue growing, F1 will need to tread a narrow line between the sport’s new audience and its core motor racing fans.
Over $2.8 billion bet on bitcoin topping $90,000 as it hits all-time high
Bitcoin hit a new record high as futures premiums soared, in a clear sign that investors believe the record-run will continue.
