Culture
‘Good results’ from ongoing push to strengthen Singapore’s accounting sector: Indranee
EFFORTS to implement recommendations from a report aimed at boosting Singapore’s accountancy sector are yielding good results, Minister in the Prime Minister’s Office Indranee Rajah said on Thursday (Nov...
Singapore shares slump at Thursday’s open; STI down 0.3%
SINGAPORE stocks were pulled into negative territory on Thursday (Nov 14) after global equities ended mixed overnight.As at 9.02 am, the Straits Times Index (STI) slid 12.62 points or...
First Resources Q3 profit up 19.3% to US$61 million
FIRST Resources’ net profit for the third quarter ended September rose 19.3 per cent to US$61 million, from US$51.1 million in the previous corresponding period. Sales were up 2.3...
Singapore banks optimistic about earnings, capital returns amid yet another quarterly results beat
They also see upsides to net interest margins during a Trump 2.0 presidency, as expected inflationary policies may result in higher interest ratesSINGAPORE banks are optimistic about their earnings...
Meta will face antitrust trial over Instagram, WhatsApp acquisitions
FACEBOOK owner Meta Platforms must face trial in a US Federal Trade Commission (FTC) lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging...
Offshore wind cable makers turn to Europe as Trump risks loom
NEXANS said on Wednesday (Nov 13) it would turn its US-based plant into an export hub if the offshore wind sector was challenged under Donald Trump’s second stint as...
US: Wall Street opens little changed after in-line inflation data
WALL Street’s main indexes were steady on Wednesday (Nov 13) after in-line consumer price inflation data kept the Federal Reserve on track to cut interest rates in December.
The Dow...
GP Industries back in black with 62.9% net profit boost on stronger revenue, cost controls
BATTERY maker bounced back into the black with a 62.9 per cent jump in net profit in its first half of FY2025, driven by revenue growth and tighter cost...
Bursa Malaysia aims to launch used cooking oil futures in Dec
BURSA Malaysia Derivatives Exchange (BMD) is planning to launch its new used cooking oil futures contract as early as December, the director of the Malaysian bourse said on Wednesday...
Jardine Cycle & Carriage’s Indonesia, Vietnam Q3 earnings saddled by mushy consumer demand, weaker currencies
JARDINE Cycle & Carriage (JC&C) said on Wednesday (Nov 13) that its results for the first nine months of the year were down slightly year on year. Despite higher...
Singapore stocks rise even as trade tariff fears hurt market sentiment in Asia; STI up 0.2%
With China hawks primed for top roles in incoming Trump administration and China’s booming trade surplus, resurgence of protectionist policies is expected, says analystSINGAPORE stocks rose on Wednesday (Nov...
