Fashion
Singapore Post in exclusive talks for Australia business sale
Singapore Post’s Australian business had posted a revenue of S$574.8 million in the half year ending Sept 30, up from S$398.8 million a year earlierSingapore Post said on Tuesday...
Citigroup slashes promotions as it seeks to overhaul bank, FT reports
CITIGROUP is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term restructuring to shrink headcount, the Financial Times reported on...
Indonesia rejects Apple’s US$100 million investment offer
Tech giant has not met the government’s requirements when compared with its investments in other countries, says industry ministerINDONESIA has rejected an Apple US$100 million investment proposal aimed at...
SingPost should quickly cut borrowings by divesting its non-core properties now
Over the past two years, the group has shuttered 12 post offices, leaving another 44 that are located at SLA properties, ground floors of HDB shophouses and other commercial...
Maybank’s Q3 net profit rises 7.6% to 2.5 billion ringgit
MAYBANK’s net profit for the third quarter ended Sep 30, 2024, amounted to 2.5 billion ringgit (S$770 million), up 7.6 per cent from 2.4 billion ringgit in the previous...
Maybank’s Q3 net profit rises 7.6% to RM2.5 billion
MAYBANK’s net profit for the third quarter ended Sep 30, 2024, amounted to RM2.5 billion (S$770 million), up 7.6 per cent from RM2.4 billion in the previous corresponding period.The...
Rivian wins approval for US$6.6 billion loan for Georgia plant
RIVIAN Automotive won preliminary approval for a US$6.6 billion federal loan that will help support the construction of its delayed Georgia electric vehicle (EV) plant.The factory will produce Rivian’s...
Duo charged with false trading of EuroSports shares under Securities and Futures Act
Individuals convicted under this section of the Act face imprisonment of up to seven years, a fine not exceeding S$250,000, or both TWO individuals were charged with false trading offences...
Haidilao operator Super Hi swings back to black with US$37.7 million Q3 net profit
HAIDILAO restaurant operator Super Hi International posted a net profit of US$37.7 million for the third quarter ended Sep 30, reversing its net loss of US$1.4 million over the...
Hot stock: Yangzijiang Shipbuilding dips over 4% as volumes surge on married deals
It is the most highly-traded company in terms of volume as at Tuesday’s midday trading breakSHARES of Yangzijiang Shipbuilding fell in early trade on Tuesday (Nov 26) as the...
China’s Huawei launches ‘milestone’ smartphone with homegrown OS
CHINESE tech giant Huawei on Tuesday (Nov 26) unveiled its first smartphone equipped with a fully homegrown operating system, a key test in the firm’s fight to challenge the...
Macquarie initiates coverage on 11 S-Reits with top picks including data centre plays
MACQUARIE Research initiated coverage on 11 Singapore real estate investment trusts (S-Reits) that it prefers amid a higher-for-longer interest rate environment.It named top picks including data centre and industrial...