Bessent says US to apply measures never seen on Iran
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Euro gathers strength above 1.1500 as cooling inflation data weighs on US Dollar
The EUR/USD pair gains ground to near 1.1535 during the early Asian session on Friday. The US Dollar (USD) softens against the Euro (EUR) following a softer-than-expected US inflation report.
Stocks to watch: ThaiBev, Genting Singapore, First Resources, Olam Group, UMS Integration, Frencken, SBS Transit and more
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Aug 14):
- ThaiBev revenue declines 1.8% to 254 billion baht
- Genting Singapore profit falls 33.5% in H1 2021
- Shares of ThaiBev and Genting Singapore remain flat
Singapore chip parts maker UMS posts Q2 90% profit jump
UMS declared a tax-exempt second interim dividend of 1 Singapore cent a share, taking first-half dividends to 2 cents per share.
Pangenome-Guided Breeding Boosts Yield and High-Altitude Adaptation in Buckwheat
Pangenome-guided breeding helped researchers combine high-altitude adaptation and improved yield in Tartary buckwheat by recovering useful wild alleles.
Singapore-listed Olam Group logs nearly sixfold jump in first-half profit to $1.91 billion
Olam declared a total dividend of seven cents per share, up from two cents a year ago.
Reddit shares surge on S&P 500 inclusion later in August
The social media platform will join the benchmark gauge prior to the start of trading on Aug 18
- Reddit's stock surged 10% after trading hours on August 13
- Company joins S&P 500 on August 18, replacing AvalonBay Communities
- Reddit aims for more AI partnerships despite recent deals with OpenAI and Google