Leadership
Australia’s Westpac annual profit down as costs overshadow margin bump
No 2 Australian mortgage lender Westpac said on Monday (Nov 4) that annual profit dipped as costs associated with a technology overhaul outweighed an improved loan margin, but upped...
S&P 500 shows bearish momentum
LAST Thursday (Oct 31), the S&P 500 index opened lower at 5,775.34 and continued its downward trajectory throughout the day, reaching an intraday low of 5,702.86. By market close,...
Value-unlocking moves will enliven market more than any new SDRs, Catalist listings
New Singapore Depository Receipts may get a warm reception while latest Catalist listings get a cold shoulder; but Hongkong Land’s pivot could matter mostLOCAL investors are gaining access to...
How one of the tiniest oil markets cost Singapore-based Trafigura over US$1 billion
Trafigura Group is a giant of commodity trading. On any given day, it handles enough oil to supply the entire needs of France three times over. Its global reach stretches...
Hospitality S-Reits’ RevPAR mostly resilient as tourism activity normalises
SINGAPORE real estate investment trusts (S-Reits) with hospitality assets have reported mostly stable operating performance in the third quarter even as tourism activity normalises following the post-pandemic travel boom.Business...
Zheneng Jinjiang Environment continues buyback pace
OVER the four trading sessions from Oct 25 to Oct 30, institutions were net sellers of Singapore stocks, resulting in a net institutional outflow of S$365 million. This accelerated...
US regulators reject amended interconnect agreement for Amazon data centre
US ENERGY regulators rejected an amended interconnection agreement for an Amazon data centre connected directly to a nuclear power plant in Pennsylvania, a filing showed on Friday (Nov 1).Members...
Vancouver port employer could shut out foremen, bulk grain will not be hit
PORT of Vancouver foremen will be locked out on Monday (Nov 4) unless they scrap a proposed strike, employers at Canada’s biggest port said on Friday, but bulk grain...
