Culture
SIA reiterates support for Air India despite drag on earnings
CEO Goh Choon Phong says the Indian carrier is a long-term investment, and that the group has no illusion that the journey would be free of challenges[SINGAPORE] Singapore Airlines...
Malaysia enters mediation with Julius Baer on US$112 million 1MDB lawsuit
MALAYSIA said it’s entered mediation talks with Julius Baer Group in a bid to settle a US$112 million lawsuit filed against the Swiss bank by a unit of the...
Amazon, Microsoft back effort to restrict Nvidia’s exports to China: WSJ
AMAZON is joining Microsoft in backing legislation to further curb chipmaker Nvidia’s ability to export chips to China, the Wall Street Journal reported on Thursday, citing people familiar with...
Asia: Markets sink on concerns over tech rally, Fed rates
ASIAN markets sank on Friday, tracking a selloff on Wall Street as worries over next month’s Federal Reserve interest rate decision and persistent speculation about a tech bubble dampened...
Gold rises, poised for weekly gain on softer dollar
GOLD prices edged higher on Friday and were poised for a weekly rise, supported by a weaker dollar, although gains were kept in check by hawkish comments from US Federal...
SIA shares fall on net profit drop; analysts expect Air India losses to continue
Morningstar and OCBC analysts view Singapore Airlines’ stake in Air India positively, despite an expected near-term earnings drag[SINGAPORE] Shares of flag carrier Singapore Airlines (SIA) fell as much as...
Singapore Airlines shares fall as much as 3.6% on net profit drop
[SINGAPORE] Shares of flag carrier Singapore Airlines fell as much as 3.6 per cent on Friday (Nov 14) after it reported an 82 per cent drop in net profit.The...
SIA shares fall as much as 3.6% on net profit drop
[SINGAPORE] Shares of flag carrier Singapore Airlines (SIA) fell as much as 3.6 per cent on Friday (Nov 14) after it reported an 82.1 per cent drop in net...
Frasers Property full-year profit rises 17.8% to S$243.1 million
[SINGAPORE] Net fair value change and reversal of tax provisions helped Frasers Property’s full-year earnings increase by 17.8 per cent, said the real estate company on Friday (Nov 14). For...
Frasers Property H2 profit falls 32.2% to S$100.9 million on lower contributions from residential projects
[SINGAPORE] Frasers Property posted a net profit of S$100.9 million for the six months ended Sep 30, a 32.2 per cent decline from S$148.9 million for the corresponding period...
