News

SIA shares fall as much as 3.6% on net profit drop
[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 full-year profit rises 17.8% to S$243 million on fair value gains; revenue dives S$800 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...
Stocks to watch: SIA, Sats, Venture Corp, Frasers Property, First Resources, Bumitama Agri, StarHub, Centurion
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Nov 14):  Source link
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 longest work stoppages in the company’s...
Oil prices steady after steep losses in previous session
[HOUSTON] Oil prices held largely steady on Thursday after declining around 4 per cent in the previous session as investors weighed concerns about global oversupply with looming sanctions against Russia’s Lukoil.Brent...
Delivery bots can now bring you groceries in these L.A. neighborhoods
Rolling food delivery bots powered by Coco Robotics will now transport everyday essentials and groceries to customers in Los Angeles, Chicago and Miami, the company announced Thursday. The bots...
Tata Steel calls for extension of import tariffs on some steel products to India
[NEW DELHI] India’s Tata Steel hopes the government will extend import tariffs on some steel products to guard against the threat of imports, particularly from China, chief executive TV...
EC World Reit Q3 net property income down 60.5%; illegally mortgaged units face 2 lawsuits
The Reit is suspended from trading, and it is unlikely to declare any distribution for FY2025[SINGAPORE] The manager of EC World Reit posted a net property income of S$9...
Debt-ridden mm2 Asia’s H1 net loss deepens to S$39.7 million as existential threat looms
[SINGAPORE] Entertainment group mm2 Asia on Thursday (Nov 13) reported a net loss of S$39.7 million for the half-year ended Sep 30, widening from the net loss of S$3.9...
SIA posts 82.1% drop in net profit to S$52 million for Q2; declares special dividend package
The group attributes the decline in earnings to losses by its associate Air India, which are not included in previous year’s results[SINGAPORE] National carrier Singapore Airlines (SIA) posted a...
SIA posts 67.8% drop in net profit to S$238.5 million for H1; declares special dividend package
The group attributes the decline in earnings to losses by its associate Air India, which were not included in previous year’s results[SINGAPORE] National carrier Singapore Airlines (SIA) posted a...
Tencent posts 15% revenue jump, sustaining growth without splashy AI bets
China’s most valuable company reports sales of 192.9 billion yuan for the three months ended September[SHENZHEN, China] Tencent Holdings posted a faster-than-anticipated 15 per cent rise in revenue, sustaining...