Entrepreneurship
Punctuality, passenger impact among LTA’s new reliability indicators; 99% of trains on time in Sept
[SINGAPORE] The Land Transport Authority (LTA) has released data on three new rail reliability indicators, with one of them showing that more than 99 per cent of trains ran on time...
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...
SIA shares fall on net profit drop; analysts expect Air India losses to continue
[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 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...
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...
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[SINGAPORE] The manager of United Hampshire US Reit posted a distributable income of...
First Resources Q3 profit surges 43.5% to US$87.5 million
[SINGAPORE] 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 14). The US$87.5 million...
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 of interest rate cuts due to inflation worries...
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 longest government shutdown, while Siemens fell after an...
Novo gets 15 billion euros of orders for Akero acquisition bonds
[NEW YORK] 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 triple the amount the Danish...
