Can SIA achieve soft touchdown after surprise S$76 million loss?

Can SIA achieve soft touchdown after surprise S million loss?

Analysts divided on prognosis as Middle East boosts SIA’s topline, but oil price surge hurts operating costs [SINGAPORE] There is no consensus among analysts whether the sharp jump in fuel costs and losses from Air India will continue to weigh on Singapore Airlines (SIA) following its S$76 million first-quarter net loss. The carrier this week…

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Bombshell FBI raids target SoCal officials as investigators probe Chinese foreign influence in California

Bombshell FBI raids target SoCal officials as investigators probe Chinese foreign influence in California

The FBI launched a sweeping Southern California corruption probe this week, raiding properties tied to three local political figures and a Chinese-language media executive as federal investigators examine possible foreign influence concerns. Agents executed search warrants involving San Bernardino County Supervisor Curt Hagman, Ontario Councilmember Alan Wapner and attorney Frank Lizarraga, the main targets of…

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Our incredibly stupid, highly-educated, kid-fearing socialists

Our incredibly stupid, highly-educated, kid-fearing socialists

1. Defund the colleges by Mike Solana, editor in chief In new analysis from Nate Silver, we discover what most of us have long suspected: the Democratic Socialists of America, a political organization seeking to abolish the Senate, the Supreme Court and the Executive, and to seize most American industry and run it all centrally…

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Eastspring launches EQDP fund targeting income and growth with all-cap strategy

Eastspring launches EQDP fund targeting income and growth with all-cap strategy

Structured as a unit trust, the fund will invest across large-cap, as well as small- and mid-cap stocks [SINGAPORE] Eastspring Investments, the asset management arm of insurance group Prudential , has launched an active all-cap Singapore equity strategy under the Monetary Authority of Singapore’s (MAS) S$6.5 billion Equity Market Development Programme (EQDP). The Eastspring Investments…

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Singtel confirms talks for Optus stake sale, cautions on deal certainty

Singtel confirms talks for Optus stake sale, cautions on deal certainty

[SINGAPORE] Singtel on Thursday (Jul 30) confirmed it is in discussions to sell a stake in wholly owned Australian unit, Optus, though the Singapore telecom giant cautioned investors that a transaction is far from guaranteed. Responding to recent media reports, Singtel said that it is engaging with interested parties. The company reiterated its strategic shift…

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