Companies & Markets Latest News & Headlines - THE BUSINESS TIMES
Feb 25, 2021 11:09 PM

Yangzijiang Shipbuilding reports higher profit for Q4 FY20; maintains dividend

YANGZIJIANG Shipbuilding's net profit for the fourth quarter ended Dec 31, 2020, rose 17 per cent year on year to...


Feb 25, 2021 05:50 AM

CapitaLand ups payout ratio despite deep revaluation losses on malls


HEFTY impairments and revaluation losses, including for ION Orchard and Jewel Changi Airport, pushed CapitaLand into...

Feb 25, 2021 05:50 AM

S-Reits may gain if China citizens allowed to invest in securities abroad


SINGAPORE'S real estate investment trusts (S-Reits) could benefit if China changes its rules to allow its citizens...

Feb 25, 2021 05:50 AM

AirAsia's food delivery flight here unlikely to unseat incumbents


IT WON'T be as easy as pie for AirAsia to eat the lunch of the leaders in Singapore's food delivery market, and the...

Feb 25, 2021 05:50 AM

Analysts see volume as key to success of airasia food's flat-rate fee model


FOOD establishments in Singapore are hoping that airasia food's entry will change the way they are charged for food...

Feb 25, 2021 05:50 AM

Hong Kong's first trading tax hike since 1993 pummels stocks

HONG Kong unveiled its first stamp-duty increase on stock trades since 1993, sparking a broad selloff in the US$7.6...

Feb 25, 2021 05:50 AM

With clean slate, is OUE Lippo Healthcare on road to recovery?


SHAREHOLDERS of OUE Lippo Healthcare (OUELH) appeared to welcome the news of the company's recapitalisation exercise...

Feb 25, 2021 05:50 AM

Corporate digest

SERVICE platform provider OneConnect on Wednesday announced that it will be building an environmental, social and...

Feb 25, 2021 05:50 AM

Aussie, pound soar on reflation bets; dollar struggles

THE US dollar struggled at multi-year lows against the Antipodean currencies and held near a one-month low versus...

Feb 25, 2021 10:26 PM

Far East Orchard's full-year profit down 94%

FAR East Orchard's net profit for the financial year ended Dec 31, 2020 plunged about 94 per cent year-on-year to S$...

Feb 25, 2021 10:05 PM

Hong Leong Finance reports 38% decline in net profit for FY20

HONG Leong Finance's net profit for the 12 months ended Dec 31, 2020 dropped 38 per cent year on year to S$63.91...

Feb 25, 2021 09:18 PM

The Straits Trading Co chalks up higher H2 profit lifted by fair value gains

CONGLOMERATE The Straits Trading Company reported a net profit of about S$46 million for the six months ended Dec 31...

Feb 25, 2021 06:41 PM

Golden Agri H2 net profit down 21.5% to US$188.6m

GOLDEN Agri-Resources on Thursday posted a net profit of US$188.6 million (S$248.4 million) for the second half of...

Feb 25, 2021 06:24 PM

UMS Holdings reports 86% drop in Q4 net profit

MAINBOARD-listed UMS Holdings' net profit for the fourth quarter ended Dec 31, 2020 slumped 86 per cent year on year...

Feb 25, 2021 02:15 PM

Brokers' take: RHB upgrades OCBC to 'buy'; Maybank KE, Jefferies raise target prices

RHB on Thursday upgraded OCBC to "buy" from "neutral", with a higher target price (TP) of S$12.50 from S$9.50...

UPDATED 7 hours 13 min ago
Feb 25, 2021 12:16 PM

Brokers' take: UOBKH maintains 'buy' on Venture, flags potential risks for 2021

UOB Kay Hian (UOBKH) said it expects Venture Corp's impending Q4 results to reflect a sequential growth despite...

UPDATED 6 hours 59 min ago
Feb 25, 2021 09:35 AM

Singapore shares track Wall Street gains; STI up 1.1%

SINGAPORE stocks opened higher on Thursday to echo overnight rallies on Wall Street, which was boosted by news that...

Feb 25, 2021 09:00 AM

SPH, family office could see returns from US$50b Coupang IPO

TWO Singapore-based investors of South Korean e-commerce firm Coupang - Singapore Press Holdings (SPH) and the...

Feb 25, 2021 08:57 AM

Cromwell E-Reit raises 100m euros in private placement

CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) has raised 100 million euros (S$160.5 million) from...