Leadership
PetroChina’s strong drilling leads to record first half
PETROCHINA posted record earnings for the first half of the year as high drilling output and strong oil prices helped it weather weakening fuel demand in China. China’s largest...
Silverlake Axis jumps 23.3% on privatisation offer
After calling for a trading halt on Monday, the company announced it had received a voluntary unconditional offer to privatise at S$0.36 in cash per shareSHARES of Silverlake Axis...
Gold drifts near record high amid Fed rate-cut optimism, geopolitical woes
GOLD prices held steady on Tuesday (Aug 27), lingering near record highs, as safe-haven demand from rising geopolitical tensions in the Middle East and increasing bets on a US...
Temasek’s SeaTown raises over US$1.3 billion for private credit fund
The fund targets a net return in the mid-teens, along with a double-digit distribution yield to investorsSEATOWN Holdings, an investment manager indirectly owned by Temasek, has announced the final...
Stocks to watch: Thomson Medical, Silverlake Axis, RE&S
THE following companies saw new developments that may affect trading of their securities on Tuesday (Aug 27): Thomson Medical: The healthcare provider on Monday posted a net profit of...
BHP annual profit rises 2%, says open to higher debt for acquisitions
BHP Group reported a better-than-expected annual underlying profit on Tuesday due to growth at its iron ore and copper businesses and said it was comfortable with raising its debt...
Paramount explores sale of 12 local TV stations
PARAMOUNT Global is moving ahead with asset disposals to raise cash, sources familiar with the matter said, amid the ongoing takeover saga involving the media company.The CBS parent has...
S-Reit DPUs weighed down by interest rates in H1, but tide to turn in H2
HIGHER interest rates and financing costs remained “the biggest villains” for Singapore-listed real estate investment trusts, or S-Reits, weighing down on their distributions in the first half of 2024....
