Culture
Lukoil’s oil trading business sheds staff in Singapore, Geneva and Dubai as sanctions near
[LONDON] The oil trading business of Russia’s Lukoil PJSC began shedding staff all over the world – with just days to go until sanctions on the Moscow-based energy giant...
No Grab-GoTo merger notification yet: Singapore competition watchdog
[SINGAPORE] The competition watchdog here has not received any notification from ride-hailing firms Grab or GoTo on any proposed merger, but said it remains open to engaging with the...
Malaysia enters mediation with Julius Baer on US$112 million 1MDB lawsuit
MALAYSIA said it’s entered mediation talks with Julius Baer Group in a bid to settle a US$112 million lawsuit filed against the Swiss bank by a unit of the...
Amazon, Microsoft back effort to restrict Nvidia’s exports to China: WSJ
AMAZON is joining Microsoft in backing legislation to further curb chipmaker Nvidia’s ability to export chips to China, the Wall Street Journal reported on Thursday, citing people familiar with...
Asia: Markets sink on concerns over tech rally, Fed rates
ASIAN markets sank on Friday, tracking a selloff on Wall Street as worries over next month’s Federal Reserve interest rate decision and persistent speculation about a tech bubble dampened...
SIA shares fall on net profit drop; analysts expect Air India losses to continue
[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...
SIA shares tumble on net profit drop; CGSI expects ‘persistent’ Air India losses
[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 H2 profit falls 32.2% to S$100.9 million on lower contributions from residential projects
[SINGAPORE] Frasers Property posted a net profit of S$100.9 million for the six months ended Sep 30, a 32.2 per cent decline from S$148.9 million for the corresponding period...
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...
Bitcoin sinks deeper below US$100,000 as bear market grips crypto
BITCOIN sank deeper below the US$100,000 mark, dragged down by a fresh wave of risk aversion and a selloff in tech stocks that reignited Wall Street jitters.The digital currency...
