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...
IN TODAY'S PAPER
CapitaLand ups payout ratio despite deep revaluation losses on malls
SUBSCRIBERSHEFTY impairments and revaluation losses, including for ION Orchard and Jewel Changi Airport, pushed CapitaLand into...
S-Reits may gain if China citizens allowed to invest in securities abroad
SUBSCRIBERSSINGAPORE'S real estate investment trusts (S-Reits) could benefit if China changes its rules to allow its citizens...
AirAsia's food delivery flight here unlikely to unseat incumbents
SUBSCRIBERSIT WON'T be as easy as pie for AirAsia to eat the lunch of the leaders in Singapore's food delivery market, and the...
Analysts see volume as key to success of airasia food's flat-rate fee model
SUBSCRIBERSFOOD establishments in Singapore are hoping that airasia food's entry will change the way they are charged for food...
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$7.6...
With clean slate, is OUE Lippo Healthcare on road to recovery?
SUBSCRIBERSSHAREHOLDERS of OUE Lippo Healthcare (OUELH) appeared to welcome the news of the company's recapitalisation exercise...
Corporate digest
SERVICE platform provider OneConnect on Wednesday announced that it will be building an environmental, social and...
Aussie, pound soar on reflation bets; dollar struggles
THE US dollar struggled at multi-year lows against the Antipodean currencies and held near a one-month low versus...
Far East Orchard's full-year profit down 94%
FAR East Orchard's net profit for the financial year ended Dec 31, 2020 plunged about 94 per cent year-on-year to S$...
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...
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...
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...
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...
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...
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...
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...
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...
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...
BREAKING NEWS
Britain imposes more sanctions as Myanmar sees fresh clashes
[YANGON] Britain slapped further sanctions on Myanmar's generals on Thursday for "overseeing human rights violations...
Auditor EY replaces Germany boss after Wirecard scandal
[FRANKFURT AM MAIN] Auditing group EY on Thursday announced that it was replacing the head of its German office as...
Lufthansa adds more summer holiday destinations in bet on recovery
[BERLIN] Lufthansa is adding more holiday destinations to its summer flight schedule from Germany in anticipation of...
US bank regulators say pandemic drove up risk in leveraged lending
[WASHINGTON] The credit risk for large, syndicated loans, including leveraged loans, remains high and increased in...
Twitter aims to double revenue in three years; shares surge
[SAN FRANCISCO] Twitter wants to double its annual revenue to US$7.5 billion by 2023, and expects to increase its...
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