News
Singtel shares surge 5.1% to new high on Bharti Airtel sale, talks for data centre deal
In a bourse filing on Friday morning, Singtel acknowledges that it is in talks about STT GDC as part of a consortium[SINGAPORE] Shares of Singtel surged as much as...
OCBC shares soar 3.8% after posting Q3 earnings that beat expectations
[SINGAPORE] Shares of OCBC jumped 3.8 per cent on Friday (Nov 7) morning after the release of its financial results for the third quarter ended September. At market open,...
Qantas eases throttle on domestic outlook, trims first-half domestic revenue forecast
AUSTRALIAN flag carrier Qantas Airways on Friday cut its first-half domestic unit revenue outlook and nudged up its fuel bill, citing softer non-resources corporate demand at home and elevated...
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...
