Business & Markets

DBS chairman Peter Seah to retire with effect from Jan 1, 2027, Q3 net profit at $2.8b

Postal service here to stay, but has to continually reinvent itself: SingPost CEO

Digitalisation and convenient services like SingPost@MyBlock help free up post office space to be rented out.

As tech and banks take a beating, S-Reits look like safe shelter – but watch out

High yields and rising rents look attractive, but the bond-yield worry hitting banks can reach Reits too

DBS eyes prime brokerage business as Q3 profit falls 5% on weaker trading income

The earnings miss S$2.95 billion consensus forecast; bank expects mid-single-digit total income growth for 2027

Democrats flip dozens of GOP seats. Republicans haven't flipped a single one

Democrats have flipped seven Senate seats, nearly 30 House districts, five governorships and up to 12 state legislative chambers in a…

Cramer: What must happen for Home Depot to keep its 25% monthlong rally going

The question now for patient Home Depot investors like us is whether this is the turning point we've been waiting for, or just another head…

Prediction markets cement their status after forecasting Democratic sweep of Congress

Prediction markets projected election results well before media outlets in an effort to position themselves as fast, reliable news sources.

Every stock that moved because of the election

Some companies took at hit after the election, while others rallied. Here are the biggest names making moves on Wednesday.

Figma sinks after earnings beat as company prioritizes long-term growth with AI changes

Figma is letting clients use more artificial intelligence features for the same price. The company would like the move to boost results in…

Snap shares fall over 10% on third-quarter revenue miss

Snap misses on revenue and daily active users in third-quarter earnings reported Wednesday.

What was really behind Wednesday's monster rally? Trump quickly making peace

The stock market skyrocketed after a decisive sweep for Democrats in the 2026 midterm elections, a move that Trump's reaction added to.

E.l.f. Beauty posts 51% sales increase, raises full-year guidance

E.l.f. Beauty posted stronger-than-expected quarterly results on Wednesday as the company continues to see broad-based growth across its…

PSX gains 1,455 points on ME peace talks

KSE-100 up over 3,450 points by midday; buying interest continued amid easing geopolitical concerns after US elections