News
Boeing’s chief aerospace safety officer set to retire, memo shows
BOEING’S longtime veteran and chief aerospace safety officer, Mike Delaney, will retire later this year, according to a memo seen by Reuters on Friday (Feb 21).The aerospace company in...
US Treasuries end week on high note on demand for safer bets
A LATE rally in the US Treasury market pushed the yield on 10-year notes lower for a sixth-straight week as traders hunt for safety amid lower stock and oil...
Oil settles down US$2, posting weekly loss as Middle East risk premium fades
OIL prices settled down more than US$2 a barrel on Friday (Feb 21), posting a weekly decline as investors grappled with a fading Middle East risk premium alongside uncertainty...
Gold eases from record high on profit-taking, eyes eighth weekly gain
GOLD prices eased on Friday (Feb 21) as investors booked profits from the previous session’s record high, but were set for an eighth straight weekly gain, driven by strong...
US: Wall Street ends sharply lower on mounting concerns over economy, tariffs
US stocks tumbled on Friday (Feb 21), extending their sell-off in the wake of dour economic reports and closing the book on a holiday-shortened week fraught with new tariff...
US securities regulator to drop lawsuit against Coinbase, exchange says
COINBASE said on Friday (Feb 21) the US securities regulator planned to withdraw its lawsuit against the crypto exchange, ending a contentious years-long legal battle once considered existential for...
Hong Leong Finance posts 10% rise in H2 profit to S$51.5 million, as net interest margin expands
HONG Leong Finance posted a 10 per cent rise in net profit to S$51.5 million for the six months ended December 2024. This was driven by an expanded net...
Singapore unveils S$5 billion boost for fund managers, other moves to revive equities market
SINGAPORE’S capital markets look set to receive a liquidity boost, following the announcement of a S$5 billion investment initiative by a review group led by the Monetary Authority of...
Sats posts 123.5% rise in Q3 net profit on higher business volume, rate increases
CATERING and ground handling company Sats posted a 123.5 per cent increase in net profit to S$70.4 million for the quarter ended Dec 31, 2024, from S$31.5 million a...
CapitaLand India Trust to buy Bengaluru office project for 14.7 billion rupees
CAPITALAND India Trust (Clint) will purchase a 1.13 million-square-foot (sq ft) office project in Bengaluru from luxury residence developer Maia Group for 14.7 billion rupees (S$233.6 million).The trustee-manager of...
