Leadership
OCBC Q1 profit rises 5% to S$1.98 billion
OCBC’s net profit for the first quarter ended Mar 31, 2024 rose 5 per cent to S$1.98 billion, buoyed by strong growth in operating profit.This was compared with earnings...
Apple apologises for iPad Pro ad, scraps plan to air it on TV
APPLE issued a rare apology for an advertisement touting its latest iPad Pro that upset many creatives and other customers. The company also said it will not air the...
Sri Trang Gloves Q1 net profit up 10.9% to 146.8 million baht
GLOVE manufacturer Sri Trang Gloves : STG 0% posted a 10.9 per cent increase in net profit to 146.8 million baht (S$5.4 million) for the first quarter of its...
Passenger plane’s tyre bursts on landing in Turkey; no casualties
A Corendon Airlines Boeing 737 plane’s front tire burst upon landing at an airport in southern Turkey on Thursday (May 9), the Turkish transport minister said, adding there were...
Centurion Q1 revenue up 30% to S$61.1 million on higher rents
DORMITORY and student accommodation operator Centurion Corporation’s : OU8 0% revenue rose by 30 per cent to S$61.1 million for the first quarter ended Mar 31, from S$47.1 million...
ST Engineering appoints banking veteran Philip Lee to its board
SINGAPORE Technologies Engineering : S63 0% (ST Engineering) announced on Thursday (May 9) that it will appoint Philip Lee to its board as an independent non-executive director, with effect...
London’s FTSE 100 hits new high after BOE signals rate cuts
Britain’s FTSE 100 scaled a record high on Thursday (May 9) after the Bank of England kept interest rates unchanged, but investors cheered increasing indications that more policymakers are...
Riverstone’s Q1 2024 net profit rises 54.5% to RM72.2 million
GLOVE maker Riverstone Holdings’ : AP4 0% reported a net profit of RM72.2 million (S$20.7 million) for the first quarter of its 2024 fiscal year ended Mar 31, a...