Leadership
Stocks to watch: SIA, Seatrium, OUE Healthcare
THE following companies saw new developments that may affect trading of their securities on Thursday (May 16):
Buffett’s Berkshire reveals US$6.7 billion stake in insurer Chubb
WARREN Buffett’s Berkshire Hathaway unveiled a US$6.7 billion stake in insurer Chubb, ending months of suspense over its mystery position in a financial firm, previously kept concealed in regulatory...
Oil rebounds, gains 1% after US crude draw, lukewarm inflation data
OIL prices rose nearly 1 per cent on Wednesday from a two-month low in the prior session as the market balanced bullish US economic and crude storage data against the...
Paramount holds talks with Amazon about expanded partnership
PARAMOUNT Global has had conversations with Amazon.com about expanding the ties between their media businesses, according to sources familiar with the talks.The discussions may not amount to anything, but...
Vibrancy of Singapore Exchange should be everyone’s concern
THE United States has the world’s largest and most liquid equity market, so it is only natural that the world’s largest companies aspire to list there.
Video game maker Ubisoft swings to full-year operating profit on record bookings
FRENCH video games group Ubisoft swung to an operating profit for its full-year to end-March, it said on Wednesday (MAy 15), as record bookings helped it reverse a year...
OUE Healthcare proposes sale of mixed commercial site for RM125 million
OUE Healthcare : 5WA 0% is proposing to sell a vacant mixed commercial development plot in Kuala Lumpur for RM125 million (S$35.6 million).The healthcare group expects to receive net...
SIA posts 0.3% rise in H2 net profit as competition from other airlines intensifies
SINGAPORE Airlines (SIA) : C6L 0% on Wednesday (May 15) posted a 0.3 per cent increase in net profit to S$1.2 billion for the half year ended Mar 31,...
