Fashion
Australia’s big four banks move to bypass mortgage brokers as profits squeezed
They are looking to offset pressure on profit margins from lower interest rates, higher costs and intensifying competition[SYDNEY] Australia’s biggest banks are ramping up efforts to reduce their reliance...
Citi is growing rapidly in China on huge interest, CEO says
The lender is focused on serving Chinese companies looking to expand overseas as well as clients with cross-border need[SHANGHAI] Citigroup is growing “rapidly” in China with reviving interest from...
Punctuality, passenger impact among LTA’s new reliability indicators; 99% of trains on time in Sept
[SINGAPORE] The Land Transport Authority (LTA) has released data on three new rail reliability indicators, with one of them showing that more than 99 per cent of trains ran on time...
SIA reiterates support for Air India despite the drag on earnings
‘This is a long-term investment for us, and we have no disillusion that along the way there will be challenges’, CEO Goh Choon Phong says [SINGAPORE] Singapore Airlines (SIA)...
Gold rises, poised for weekly gain on softer dollar
GOLD prices edged higher on Friday and were poised for a weekly rise, supported by a weaker dollar, although gains were kept in check by hawkish comments from US Federal...
SIA shares fall as much as 3.6% on net profit drop
[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 full-year profit rises 17.8% to S$243.1 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...
United Hampshire US Reit Q3 distributable income up 15.5% at US$7 million
This is due to commencement of new leases, rental escalations from existing leases and lower interest costs[SINGAPORE] The manager of United Hampshire US Reit posted a distributable income of...
First Resources Q3 profit surges 43.5% to US$87.5 million
[SINGAPORE] Palm oil producer First Resources posted a 43.5 per cent increase in net profit for the third quarter, the company said on Friday (Nov 14). The US$87.5 million...
Apple and OpenAI must face X Corp’s lawsuit for now, US judge rules
APPLE Inc and ChatGPT maker OpenAI on Thursday failed to convince a federal judge to dismiss a lawsuit by Elon Musk’s X Corp accusing them of conspiring to monopolise...
