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Emperador H1 net profit falls 19.6% to 3.8 billion pesos
Emperador H1 net profit falls 19.6% to 3.8 billion pesos
PHILIPPINE liquor giant Emperador on Tuesday (Aug 6) reported a fall in first-half net profit to 3.8 billion pesos (S$87 million), compared to 4.7 billion pesos in the corresponding...
Emperador H1 net profit falls to 3.8 billion pesos
Emperador H1 net profit falls to 3.8 billion pesos
PHILIPPINE liquor giant Emperador on Tuesday (Aug 6) reported about a fall in first-half net profit to 3.8 billion pesos (S$87 million), compared to 4.7 billion pesos in the...
Bank of Japan under fire for rate-hike timing after market meltdown
Bank of Japan under fire for rate-hike timing after market meltdown
THE Bank of Japan’s (BOJ) monetary policy tightening last week has triggered a wave of criticism after it helped set off a historic plunge in Japanese stocks and contributed...
Hot stocks: US office S-Reits on Fed rate-cut expectations, MAS proposal to relax leverage limit
Hot stocks: US office S-Reits on Fed rate-cut expectations, MAS proposal to relax leverage limit
PURE-PLAY US office real estate investment trusts (Reits) gained some ground on Tuesday (Aug 6) morning, following rising expectations that the US Federal Reserve would cut interest rates. The...
Wall Street strives to rebound, Tokyo soars after rout
Wall Street strives to rebound, Tokyo soars after rout
WALL Street stocks sought to rebound on Tuesday (Aug 6) following a global rout fuelled by US recession fears, but European equities failed to hold onto early gains. Tokyo’s Nikkei,...
Emerging-market equities get crushed in worst day since 2022
Emerging-market equities get crushed in worst day since 2022
DEVELOPING world stocks plunged as concerns about a US economic slowdown sent volatility surging across global financial markets.An MSCI gauge for emerging-market equities ended the session 4.2 per cent...
Sembcorp H1 profit up 2% to S0 million on absence of loss from discontinued operation
Sembcorp H1 profit up 2% to S$540 million on absence of loss from discontinued operation
The results translate to an earnings per share of S$0.303, up from S$0.2971 the year beforeENERGY and urban solutions provider Sembcorp Industries posted a 2 per cent increase in...
Stocks to watch: Sembcorp, CapitaLand Ascott Trust, Paragon Reit, Lendlease Global Reit, CSE Global, Cordlife
Stocks to watch: Sembcorp, CapitaLand Ascott Trust, Paragon Reit, Lendlease Global Reit, CSE Global, Cordlife
THE following companies saw new developments that may affect trading of their securities on Tuesday (Aug 6):Sembcorp Industries: The energy company on Tuesday posted an 11 per cent fall...
Dell cuts workers in sales team reorganisation with new AI-focused unit
Dell cuts workers in sales team reorganisation with new AI-focused unit
DELL Technologies is cutting jobs as part of a reorganisation of its sales teams that includes a new group focused on artificial intelligence (AI) products and services.“We are getting...
Nvidia’s Jensen Huang sold US3 million of stock in July before decline
Nvidia’s Jensen Huang sold US$323 million of stock in July before decline
NVIDIA’s Jensen Huang continued his summer of selling, offloading a record US$322.7 million worth of shares in July just ahead of a wider tech stock sell-off.Combined with the shares...