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…
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Culture
Culture
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…
Culture
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…
Culture
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…
Culture
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…
Culture
Singapore Airlines shares fall as much as 3.6% on net profit drop
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…
Culture
SIA shares fall as much as 3.6% on net profit drop
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…
Culture
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 Shares…
Culture
Frasers Property full-year profit rises 17.8% to S$243.1 million
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…
Culture
Frasers Property H2 profit falls 32.2% to S$100.9 million on lower contributions from residential projects
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…
Culture
Bitcoin sinks deeper below US$100,000 as bear market grips crypto
BITCOIN sank deeper below the US$100,000 mark, dragged down by a fresh wave of risk aversion and a selloff in tech stocks that reignited…
Culture
Stocks to watch: SIA, Sats, Venture Corp, Frasers Property, First Resources, Bumitama Agri, StarHub, Centurion
The following companies saw new developments that may affect trading of their securities on Friday (Nov 14): Source link
Culture
United Hampshire US Reit Q3 distributable income up 15.5% at US$7 million
This is due to commencement of new leases, rental escalations from existing leases and lower interest costs The manager of United…
Culture
First Resources Q3 profit surges 43.5% to US$87.5 million
Palm oil producer First Resources posted a 43.5 per cent increase in net profit for the third quarter, the company said on Friday (Nov…
Culture
StarHub’s Q3 profit falls 35.3% to S$26.2 million
StarHub posted a net profit of S$26.2 million for its third quarter ended Sep 30, down 35.3 per cent from S$40.4 million in the previous…
Culture
Apple and OpenAI must face X Corp’s lawsuit for now, US judge rules
APPLE Inc and ChatGPT maker OpenAI on Thursday failed to convince a federal judge to dismiss a lawsuit by Elon Musk’s X Corp accusing them…
Culture
Boeing union votes to end strike, accept new contract
MORE than 3,000 striking Boeing defence workers on Thursday voted to end a strike over wage increases and retirement benefits, one of the…
Culture
US: Wall Street tumbles as Nvidia slides, investors fret that Fed may slow rate cuts
WALL Street ended sharply lower on Thursday, with steep losses in Nvidia and other AI heavyweights, as investors scaled back expectations…
Culture
Europe: Shares close lower with upcoming US data in focus; Siemens slides
EUROPEAN shares closed lower on Thursday, as investors shifted their focus to crucial US economic data following the end of the nation’s…
Culture
Oil prices steady after steep losses in previous session
Oil prices held largely steady on Thursday after declining around 4 per cent in the previous session as investors weighed concerns about…
Culture
Google hit by fresh EU probe into suspected news search abuse
There are suspicions that it is pushing down results for publishers’ websites when they include content from commercial partners Google is…
Culture
Novo gets 15 billion euros of orders for Akero acquisition bonds
Novo Nordisk has pulled in more than 15 billion euros (S$22.6 billion) of investor orders for its multi-tranche bond sale, more than…
Culture
Centurion posts 9% rise in Q3 revenue with strong demand for worker, student housing
The company has S$713 million in borrowings as at Sep 30, against S$434 million in cash Centurion Corp saw revenue rise 9 per cent to…
Culture
Starbucks workers to strike in 40 cities, targeting ‘Red Cup Day’
Unionised Starbucks baristas are launching a wave of walkouts on Thursday (Nov 13), a work stoppage they say could grow to become their…