Leadership
Sony raises outlook after music, software help earnings beat
SONY Group raised its forecast for revenue and profit in the fiscal year to March after a successful quarter for its music and gaming software divisions.
The Japanese entertainment giant...
Hot stock: Dyna-Mac up as much as 11.5% after H1 profit surge
The higher bottom line comes amid the completion of major projects, improved productivity and increase in volume of projects undertakenSHARES offshore oil and gas contractor Dyna-Mac gained some ground...
Japan morphs into the centre of worry for global investors
IN LESS than a week, Japan has completely upended the world’s expectations for its markets and economy.The country was the darling of the financial world for over a year....
Requisitioners’ resolutions passed at Sabana Reit’s Aug 6 EGM
These include an extraordinary resolution to effect proposed amendments to a clause in the trust deed deemed necessary for the Reit’s internalisationALL resolutions proposed by requisitioners were passed at...
Cromwell E-Reit H1 DPU falls 9.5% to 7.05 euro cents
CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) posted a distribution per unit (DPU) of 7.05 euro cents for the first half ended June 2024, down 9.5 per cent...
ARA H-Trust H1 DPS falls 50.2% to US$0.00747
ARA US Hospitality Trust (ARA H-Trust) posted a distribution per stapled security (DPS) of US$0.00747 for the first half ended Jun 30, down 50.2 per cent from US$0.01501 in...
South Korea’s Coupang posts first loss since 2022 as Farfetch deal saps profit
COUPANG posted its first loss in two years, after the acquisition of unprofitable Farfetch Holdings and a government regulatory fine offset strong growth in its core e-commerce business.South Korea’s...
Disney raises streaming prices up to 25%, adds new channels
WALT Disney is raising the prices of its streaming services, with the lowest-cost offering, Disney+ with advertising, climbing 25 per cent to US$9.99 a month.Disney+ without ads will increase...
Yeo Hiap Seng posts lower net profit of S$3.2 million for H1
FOOD and beverage (F&B) group Yeo Hiap Seng reported a net profit of S$3.2 million for the half year ended Jun 30, 2024, down 3.8 per cent from S$3.3...
Dyna-Mac H1 profit surges 280.3% to S$38.8 million on higher productivity, revenue and projects completion
Higher profit attributed to the completion of major projects, improved productivity and increase in volume of projects undertakenOFFSHORE oil and gas contractor Dyna-Mac Holdings’ net profit more than doubled...