Business
Air France-KLM warns of higher annual costs after Q3 profit miss
AIR France-KLM reported a bigger-than-expected drop in its quarterly operating result on Thursday (Nov 7), impacted by the Paris Olympic…
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Business
Singapore shares open higher on Thursday; STI up 0.6%
SINGAPORE shares began Thursday (Nov 7) trading in positive territory as markets abroad saw mixed results. As at 9.01 am, the Straits…
Business
Tata Steel’s second-quarter profit beats on higher sales volumes, lower costs
TATA Steel reported a second-quarter profit on Wednesday (Nov 6) that beat analysts’ estimates as lower costs and higher sales volumes in…
Business
Singapore shares open higher on Wednesday; STI up 0.5%
SINGAPORE shares began Wednesday (Nov 6) trading in positive territory, mirroring overnight gains in markets abroad. As at 9.01 am, the…
Business
FLCT posts 5.7% drop in H2 DPU to S$0.0332 despite higher revenue
THE manager of Frasers Logistics & Commercial Trust (FLCT) on Wednesday (Nov 6) reported a distribution per unit (DPU) of S$0.0332 for the…
Business
SingPost’s H1 profit rises 97.3% to S$22.6 million; declares higher interim dividend of S$0.0034 per share
SINGAPORE Post’s (SingPost) net profit for the first half ended September nearly doubled to S$22.6 million on higher revenue. This…
Business
Great Eastern posts 52% higher Q3 profit of S$273.4 million
This is driven by contributions from its insurance business and favourable investment performance from shareholders’ funds GREAT Eastern…
Business
Frasers Hospitality Trust’s sudden lurch to a higher tax rate in Australia serves as a cautionary tale
S-Reits may lose the capital support of strategic investors due to the limit on foreign individual ownership THE news that Frasers…
Business
US: Wall St opens higher as Americans head to polls
US STOCK indexes opened higher on Tuesday (Nov 5), as voting began in a tightly contested presidential election, with traders girding up…
Business
Cautious Asian markets inch higher ahead of high-stakes US election
ASIAN markets edged up slightly on Tuesday (Nov 5) as investors trod cautiously amid heightened volatility in anticipation of the US…
Business
Elite UK Reit’s 9-month DPU rises 3.9% on higher distributable income, tax savings
Elite UK REIT on Tuesday (Nov 5) announced earnings that showed its distribution per unit (DPU) climbed while its distributable income…
Business
US: Wall St opens higher, boosted by Amazon
Stock indexes opened higher on Friday (Nov 1), as Amazon’s strong earnings mitigated Apple’s weaker China sales and investors weighed a…
Business
Chevron beats quarterly profit expectations on higher production
CHEVRON on Friday (Nov 1) beat Wall Street estimates for third-quarter profit, helped by higher oil and gas output, but overall earnings…
News
Boeing makes higher offer to striking workers, vote on Monday: union
US AVIATION giant Boeing has improved the conditions in its contract offer to thousands of striking workers, with a 38 per cent wage…