News
Stocks to watch: Sembcorp, Bukit Sembawang, SBS Transit, Boustead
THE following companies saw new developments that may affect trading of their securities on Tuesday (May 27): Sembcorp: Its subsidiary Sembcorp Utilities entered an agreement with several of its...
Buyout on Hold: Seven & i investors eye execution before backing deal or strategy
[TOKYO] The annual meeting of Seven & i Holdings shareholders is likely to be a low-key event, despite the drama surrounding a company facing a takeover proposal by Alimentation...
RBNZ set to make sixth rate cut and signal bias to more easing
[WELLINGTON] New Zealand’s central bank is set to cut interest rates for a sixth straight meeting and signal it’s open to further easing as US trade barriers dim the...
Bukit Sembawang H2 earnings up 13% at S$51.4 million; company proposes higher special dividend
[SINGAPORE] Property developer Bukit Sembawang Estates reported net profit after tax of S$51.4 million for the second half of its financial year ending Mar 31, a 13 per cent...
Boustead’s H2 profit up 48 per cent to S$59.1 million
[SINGAPORE] Engineering and technology group Boustead Singapore’s net profit for the six months ended Mar 31, 2024 increased 58 per cent to S$59.1 million compared to the year-ago period....
Four energy companies from Malaysia, Singapore, Vietnam ink deal to explore clean energy export from Vietnam
Alliance reflects growing momentum towards a regionally integrated Asean Power Grid[KUALA LUMPUR] Four energy companies from Malaysia, Singapore and Vietnam have inked an agreement to explore the export of...
Maybank Q1 net profit rises 4% to RM2.6 billion
[SINGAPORE] Maybank’s net profit for the quarter ended Mar 31, 2025, increased 4 per cent to RM2.6 billion (S$790 million), up from RM2.5 billion in the previous corresponding period....
China raises cross-border renminbi use requirement for major banks
The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global tradePublished Mon, May 26, 2025 · 07:21 PM[BEIJING] China’s central bank asked its major...
Malaysia’s Petronas aims for China, Vietnam expansion while seeking long-term LNG supply
[BEIJING] Malaysia’s Petroliam Nasional, or Petronas, aims to expand its liquefied natural gas (LNG) sales into markets such as China and Vietnam while also looking to secure more long-term...
France, Vietnam sign Airbus, satellite deals as Macron visits Hanoi
[HANOI] France and Vietnam signed a deal on Monday (May 26) for 20 Airbus planes, among other pacts, as President Emmanuel Macron visited Hanoi seeking to boost France’s influence...
