Leadership
Yen hits highest level since March after BOJ decision
THE Japanese yen hit its strongest in over four months on Wednesday (Jul 31), as Bank of Japan (BOJ) governor Kazuo Ueda flagged the possibility of more rate hikes...
SIA Q1 profit down 38.5% to S$451.7 million on surge in expenses
SINGAPORE Airlines (SIA) reported a net profit of S$451.7 million in the first quarter, a 38.5 per cent drop from S$734 million in the year-ago period.Weaker operating performance, a...
SMRT Trains’ full-year net profit down 82.4% to S$7.5 million
PUBLIC transport operator SMRT Trains posted an 82.4 per cent fall in net profit for FY2023/24 ended Mar 31 to S$7.5 million, from S$42.5 million in the previous financial...
Putting board directors at the forefront of enhancing shareholder value
UNCERTAINTY over geopolitics, interest rates and economic factors has made many of us less sanguine than before. While the US markets roar ahead – or perhaps because they are...
GSK raises annual profit and sales forecast after second quarter beat
BRITISH drugmaker GSK raised its annual earnings and sales forecasts on Wednesday (Jul 31) and posted second-quarter results that beat market expectations, boosted by its cancer and HIV portfolio.
CEO...
Japan to slap Toyota with corrective order for certification violations
THE Japanese government will issue a corrective order to Toyota Motor on Wednesday (Jul 31) due to violations in the company’s vehicle certification procedures, the transport ministry said in...
Parkway Life Reit acquires Osaka nursing home property for 2.4 billion yen
Parkway Life Real Estate Investment Trust (Reit) is acquiring a nursing home property in Osaka, Japan, for 2.4 billion yen (S$20.7 million), its manager said on Tuesday (Jul 30). The...
Aviation insurance premiums expected to reach 20-year high in 2024 amid air travel boom
The cause of claims that emerged top is collision or crash incidents, accounting for 63 per cent of the valueGross written insurance premiums for the aviation sector will hit...
