Leadership
Keppel’s unit enters JV to manage cooling sector in Thailand
This includes the design, installation, operation, and maintenance of the systems within the countryKEPPEL Infrastructure Holdings, through its unit Keppel EaaS in Thailand (KET), has entered into a joint venture...
Singapore shares rise at Wednesday’s open; STI up 0.7%
SINGAPORE shares opened higher on Wednesday (Aug 14), after US and Europe indices rallied overnight.The Straits Times Index (STI) rose 0.7 per cent or 21.58 points to 3,280.15 as...
Olam H1 profit inches up 0.2% at S$48 million
AGRI-FOOD giant Olam Group on Wednesday (Aug 14) reported a net profit of S$48.03 million for the first half-year, inching up 0.2 per cent from S$47.96 million in the...
Stocks to watch: CapitaLand Investment, ST Engineering, Wilmar, City Developments: Olam
THE following companies saw new developments that may affect trading of their securities on Wednesday (Aug 14):CapitaLand Investment (CLI): The real asset manager’s profit for the six months ended...
Cancer test maker Grail cuts 350 jobs as part of restructuring programme
GRAIL said on Tuesday (Aug 13) it has cut about 350 existing jobs as the diagnostics company focuses on the development of its flagship cancer-detection test Galleri, sending its...
US: Stocks close higher after favourable producer inflation data
US STOCKS closed higher on Tuesday (Aug 13) as traders responded positively to cooler-than-expected producer inflation data, bolstering expectations of a Federal Reserve interest rate cut.The producer price index...
Ong Beng Seng’s Hotel Properties trims H1 loss to S$4.9 million
Revenue increase comes amid better performance from hotels and resorts, new openingHOTEL Properties (HPL), the real estate player owned by tycoon Ong Beng Seng, on Tuesday (Aug 13) reported...
Streaming cushions Tencent Music’s second quarter revenue fall
CHINA’S Tencent Music Entertainment reported a smaller than expected fall in quarterly revenue on Tuesday (Aug 13), cushioned by an increase in paying subscribers at its music streaming platforms.
The...