Leadership
US dollar steadies, Aussie drops after RBA, Chinese trade data
THE US dollar rose on Tuesday (Dec 10) ahead of US inflation data which could offer clues about the Federal Reserve’s monetary easing path, while analysts assess the likely...
Prudential is said to consider selling stake in Eastspring
PRUDENTIAL is considering options including selling a minority stake in its asset manager Eastspring Investments to help broaden the business, according to people familiar with the matter.
The insurer is...
Telco consolidation may not necessarily lead to recovery in mobile revenues
COMPETITION for mobile revenues among Singapore’s telcos has been intense, and it appears that prices for mobile phone plans have yet to find a bottom. Prices have been tumbling...
ECB officials to lock horns over how much cuts can boost economy
EUROPEAN Central Bank (ECB) officials agree that lower interest rates are needed to buoy the region’s shaky economy. How much they can actually help, though, is hotly contested.Some policymakers...
Keong Hong unit to sell stake in Katong Holdings for S$34.5 million
The group intends to utilise the net proceeds from the divestment for its working capital requirements and potential business opportunityKEONG Hong Construction, a wholly-owned subsidiary of Keong Hong Holdings,...
Singapore Institute of Advanced Medical Holdings flagged for going concern uncertainties by external auditors
THE Singapore Institute of Advanced Medical Holdings (SIAMH) announced that external auditors of the company issued a disclaimer of opinion on the group’s results for the financial year ended...
Singapore Institute of Advanced Medicine Holdings flagged over uncertainties about staying afloat
External auditors note the presence of material uncertainties that could cast significant doubt on its ability to continue as a going concernTHE Singapore Institute of Advanced Medicine Holdings (SIAMH)...
Sembcorp receives court judgment validating its South African water asset divestments
In November of 2020, Sembcorp announced that it had entered into legal proceedings over the matterTHE South African Supreme Court ruled in an update to legal proceedings that the...
