News
SIA Engineering: analysts upgrade the stock as growth, supply chain outlook improves
The analysts’ upbeat outlook comes on the back of the company’s Q2 results, in which net profit is up 13.5% at S$40.4 million[SINGAPORE] Analysts are turning bullish on SIA...
Social media giants must stand trial on addiction claims
META Platforms, ByteDance, Alphabet and Snap must face trial over claims that they designed social media platforms to addict youths, a judge ruled, clearing the way for the first...
OCBC Q3 profit flat at S$1.98 billion; beats expectations
[SINGAPORE] OCBC’s net profit was flat for its third quarter, supported by higher non-interest income and lower allowances, it said on Friday (Nov 6).Net profit for the three months...
Europe: Stocks fall as tech nerves sap sentiment; earnings, economic data in focus
EUROPEAN stocks fell on Thursday, dragged by technology stocks that came under fresh selling pressure while investors assessed mixed earnings and disappointing key economic data.The pan-European Stoxx 600 slipped 0.7...
Singapore’s big board refresh… and what lies beyond
The nine-year rule has been a necessary jolt, forcing boards to re- examine composition, succession and independenceIN THE wake of high-profile corporate scandals and the global financial crisis, regulators...
US: Wall Street opens lower as investors assess corporate earnings, mixed economic data
[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Nov 6), as investors digested a slate of corporate earnings, while concerns around US tariffs, surging valuations and mixed...
Thakral’s profit triples to S$19.5 million on divestment of Osaka property
[SINGAPORE] Investment and lifestyle group Thakral Corporation’s net profit more than tripled to S$19.5 million for the third quarter ended Sep 30, up from about S$4.1 million in the...
Bangladesh orders 25 Boeing planes, Airbus eyes deals
[DHAKA] Bangladesh has ordered 25 wide-body aircraft from Boeing as part of a tariff deal with the United States, a top commerce ministry official told AFP on Thursday (Nov...
Far East Orchard’s 9M profit more than doubles to S$37.6 million
[SINGAPORE] Hospitality and student housing player Far East Orchard’s net profit more than doubled to S$37.6 million for the nine months ended Sep 30, up from S$16.9 million in...
Genting Singapore Q3 net profit rises 19% to S$94.6 million amid higher VIP volume, win rate
[SINGAPORE] Genting Singapore posted a 19 per cent year-on-year increase in net profit to S$94.6 million for the third quarter ended Sep 30, with improved VIP rolling volume and...
