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...

IN TODAY'S PAPER

Feb 25, 2021 05:50 AM

CapitaLand ups payout ratio despite deep revaluation losses on malls

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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

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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
NEWS ANALYSIS

AirAsia's food delivery flight here unlikely to unseat incumbents

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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

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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
HOCK LOCK SIEW

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

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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
CURRENCIES

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...