Culture
Stocks to watch: UOB, SGX, Genting, Sembcorp, Singapore Land, Riverstone, Daiwa, BHG Retail
The following companies saw new developments that may affect trading of their securities on Friday (Aug 8): UOB: Trade loans are expected…
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Culture
Culture
Daiwa House Logistics Trust H1 DPU drops 8.6% to S$0.0224
The manager of Daiwa House Logistics Trust (DHLT) on Friday (Aug 8) posted a distribution per unit (DPU) of S$0.0224 for its first half…
Culture
Paramount closes US$8 billion merger with Skydance after settling ‘60 Minutes’ lawsuit
Paramount Global and Skydance Media completed their US$8.4 billion merger on Thursday (Aug 7), capping a drawn-out deal process marked by…
Culture
SGX ekes out record high full-year profit despite 2.6% decline in H2
Singapore Exchange (SGX) reported its highest-ever full-year revenue and net profit since listing on Friday (Aug 8). This milestone comes…
Culture
Sembcorp H1 earnings flat at S$536 million on lower gas revenue
But the company raises its interim dividend to S$0.09 per share, from S$0.06 per share Sembcorp Industries saw earnings fall 1 per cent to…
Culture
Sembcorp declares ‘shopping season’ with strong Singdollar, even as earnings take a hit
Sembcorp Industries wants to take advantage of the stronger Singapore dollar to go “shopping” for deals, even as the company’s shares…
Culture
Expedia raises gross bookings, revenue growth forecasts amid US travel demand recovery
EXPEDIA raised its annual forecast for gross bookings and revenue growth on Thursday, amid a recovery of demand in the United States,…
Culture
Trump taps top economic aide for vacant Fed seat
President Donald Trump on Thursday named the leader of his White House economic panel to fill a recently vacated seat on the Federal…
Culture
Trump picks Stephen Miran to fill open spot on Fed board
US President Donald Trump on Thursday (Aug 7) said he will nominate Council of Economic Advisers chairman Stephen Miran to serve out the…
Culture
US: Nasdaq ends at record, Dow falls as tariff hikes take effect
The Dow fell while the Nasdaq finished at a fresh record on Thursday as markets grappled with worries over lofty equity valuations in…
Culture
How boards should adapt to trade risks
DIRECTORS carry the overarching responsibility of ensuring their companies perform effectively. This duty is not only a matter of good…
Culture
Ireit Global DPU drops to 0.71 euro cent for H1 due to Berlin vacancy
Ireit Global posted a 26 per cent fall year on year in distribution per unit (DPU) to 0.71 euro cent for the half-year of FY2025 ended…
Culture
Frasers Property logs S$1.4 billion in regional pre-sales, says it’s well-placed to manage upcoming debt
Frasers Property has achieved pre-sold revenue of S$1.4 billion so far in financial year 2025 for its projects in Singapore, Australia,…
Culture
Centurion H1 net profit falls 38% to S$73.9 million on net fair value loss
Centurion Corporation, a provider of purpose-built dormitories for workers and students, saw its first half-year of FY2025 net profit drop…
Culture
US: Wall Street opens higher on tariff exemption hopes
Street’s main indexes opened higher on Thursday (Aug 7), buoyed by optimism that major technology companies could avoid US President…
Culture
BHG Retail Reit H1 DPU falls 12% on lower revenue, forex impact
BHG Retail Reit’s distribution per unit (DPU) fell by 12 per cent to S$0.0022 for its first half year ended June, from S$0.0025 the year…
Culture
Riverstone Q2 earnings fall 37.4% to RM45.4 million
Gloves maker Riverstone Holdings posted a 37.4 per cent year on year drop in net profit to RM45.4 million (S$13.8 million) for the quarter…
Culture
Trump urges Intel CEO Tan Lip-Bu to resign immediately, calls him ‘conflicted’
US President Donald Trump called on the chief executive officer of Intel to resign because of what he called conflicts of interest. “The…
Culture
‘We are a big tanker; we are shifting’: UOB’s Wee Ee Cheong takes long-term view on trade loans
Trade loans remain a relatively small portion of UOB’s total portfolio, but their contribution to the bank’s balance sheet is expected to…
Culture
Singapore Land posts 7% higher earnings of S$111.4 million for H1
Its revenue rose 8% to S$368.3 million on the back of higher conributions from property investments and technology operations Property…
Culture
Genting Singapore H1 profit falls 34% to S$234.7 million on weaker gaming, room revenue
Resort and casino operator Genting Singapore reported a 34 per cent drop in profit for the first half of the year to S$234.7 million.…
Culture
Hyflux’s ex-director pleads guilty to disclosure-related charge, fined S$90,000 and disqualified from directorship
A former independent director of Hyflux pleaded guilty on Thursday (Aug 7) to being negligent in the insolvent water treatment firm’s…
Culture
Tokyo Electron sacks Taiwan employee over TSMC tech leak
Tokyo Electron said on Thursday (Aug 7) it has fired an employee at its Taiwan subsidiary over their alleged involvement in a trade secret…
Culture
DBS looks to volume growth to mitigate falling interest rates; stock soars to record high
DBS expects deposits volume growth will continue to support net interest income for 2025, even as its net interest margin (NIM) declines…