Business
First Reit’s 9-month distributable income falls 6.1% to S$34.8 million
Its DPU for period is S$0.0165, a 7.3% decline from same period in the prior year The manager of First Real Estate Investment Trust (Reit)…
Tag
income
Business
First Sponsor posts 1.3% rise in Europe portfolio Q3 operating income, lacklustre China property development sales
China property development projects’ pre-sales and sales show ‘no meaningful improvement’ as weak market sentiment persists Property…
Business
Novartis Q3 operating income up 6% on new drug sales
Third-quarter operating income, adjusted for special items, rose to US$5.46 billion Swiss drugmaker Novartis, on a deal-making spree this…
Business
Keppel Infrastructure Trust 9-month distributable income up 59.2% at S$168.9 million on divestment gains
Keppel Infrastructure Trust on Tuesday (Oct 28) reported a distributable income of S$168.9 million for its first nine months of 2025, up…
Business
Keppel Infrastructure Trust 9M distributable income up 59.2% at S$168.9 million on divestment gains
Keppel Infrastructure Trust on Tuesday (Oct 28) reported a distributable income of S$168.9 million for its first nine months of 2025, up…
Business
Keppel DC Reit’s 9-month distributable income rises 55.5%
Keppel DC Reit reported distributable income of S$195.3 million for the nine months ended Sep 30, up 55.5 per cent from S$125.6 million a…
Business
UOI 9-month comprehensive income rises 34.9% to S$40.6 million on investment gains
The improvement is mainly driven by marked-to-market gains on equity and fixed-income investments United Overseas Insurance (UOI), the…
Business
Sabana Reit’s Q3 income available for DPU up 38.4% at S$0.0101 on higher occupancy at New Tech Park
Revenue rises 5.3% year on year to S$29.9 million; net property income climbs 16% to S$16.9 million Sabana Industrial Real Estate…
Business
Digital Core Reit’s 9-month distributable income rises 1.9% to US$35.2 million
Digital Core Reit reported distributable income of US$35.2 million for the nine months ended Sep 30, up 1.9 per cent from a year earlier.…
Business
Barclays announces £500 million buyback, upgrades 2025 guidance on strong income
Barclays announced a surprise £500 million (S$865.2 million) share buyback and upgraded its performance target for the year as it struck…
Business
Thai banks face lending income hit as weak economy persists
Margins will be pinched as interest-income gains are further limited, compounded by weak lending and bad debt Four of Thailand’s largest…
Business
JPMorgan lifts interest income forecast after profit beats estimates
JPMorgan Chase raised its full-year forecast for net interest income (NII) on Tuesday (Oct 14), after strong performance in its trading…
Business
Income funds with higher yields as lower rates weigh on investors: Morningstar
Investors seeking steady income streams are reassessing their options as the yields on Singapore Treasury bills (T-bills) plummet this…
News
Income Inequality Is Going in the Wrong Direction Again
Part of it could be that women are dropping out of the labor force or working fewer hours than in previous years. “I think a lot of it…
Business
Maybank Q2 net profit up 3.9% on higher investment, trading income
Maybank posted on Tuesday (Aug 26) a 3.9 per cent increase in net profit to RM2.63 billion (S$802.2 million) for the three months ended…
News
Georgia Republicans, against backdrop of 2026 election, push to eliminate state income tax
As the 2026 election looms, Georgia Republicans seeking higher office met Tuesday to begin exploring plans for Georgia to eliminate the…
Culture
How to Use AI to Create New Income Streams
This isn’t yet another story filled with technology jargon or buzzwords. AI helps anyone who wishes to work more efficiently and…
Business
EC World Reit’s H1 net property income falls 60.3% to S$18.7 million
EC World Real Estate Investment Trust (Reit) reported a 60.3 per cent decline in net property income to S$18.7 million in the first half…
Business
Nvidia, AMD to pay 15% of China chip sale income to US: report
Nvidia and Advanced Micro Devices (AMD) agreed to pay 15 per cent of their revenues from chip sales to China to the US government as part…
Business
Sony Pictures Operating Income Jumps 76% in Q1 as Television Output Bolsters Results
Sony Pictures delivered a standout performance in the first quarter of fiscal 2025, with operating income climbing 76% year-on-year to…
Business
China to tax bond interest income after decades of exemption
China said that it plans to tax interest income on bonds issued by the government and financial institutions, in a surprise move that’s…
Business
Keppel Pacific Oak US Reit H1 distributable income falls 16.2% to US$19.9 million
The decline is mainly due to lower cash net property income and higher other trust expenses Keppel Pacific Oak US Reit (Kore) posted a…
Business
SIA Q1 net profit falls 58.8% to S$186 million on associates’ losses, lower interest income
Net profit for Singapore Airlines (SIA) declined 58.8 per cent to S$186 million for Q1 FY2026 ending Jun 30, from S$452 million in the…
Business
ING looks to expand non-interest income pillars in Singapore to buffer rate risks
Dutch lender ING is accelerating efforts to build up its fee-based revenue amid the prospect of lower interest rates. In Singapore, that…