Lifestyle

Singapore shares rise at Wednesday’s open; STI up 0.5%
Singapore shares rise at Wednesday’s open; STI up 0.5%
SINGAPORE shares started trading in positive territory on Wednesday (Feb 19).As at 9 am, the Straits Times Index (STI) opened 0.5 per cent or 17.67 points higher at 3,943.23....
Singtel’s Q3 profit surges 183.4% to S.3 billion on exceptional gains
Singtel’s Q3 profit surges 183.4% to S$1.3 billion on exceptional gains
SINGTEL’S net profit for the third quarter ended Dec 31 climbed 183.4 per cent to S$1.3 billion from S$465 million in the same period the year before.This was mainly...
Stocks to watch: UOB, Singtel, Parkson Retail Asia, Cordlife 
Stocks to watch: UOB, Singtel, Parkson Retail Asia, Cordlife 
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 19). UOB: The lender on Wednesday posted a net profit of S$1.52 billion...
BP weighs sale of Castrol lubricants unit amid Elliott push
BP weighs sale of Castrol lubricants unit amid Elliott push
BP, IN which activist investor Elliott Investment Management has built up a nearly 5 per cent stake, is considering a potential sale of its lubricants business, according to sources...
Trump floats 25% tariffs on cars, pharmaceuticals and chips
Trump floats 25% tariffs on cars, pharmaceuticals and chips
US PRESIDENT Donald Trump said on Tuesday (Feb 18) he intends to impose auto tariffs “in the neighbourhood of 25 per cent” and similar duties on semiconductors and pharmaceutical...
Lights, camera, adios: Struggling Cathay Cineplexes to shutter West Mall outlet 
Lights, camera, adios: Struggling Cathay Cineplexes to shutter West Mall outlet 
ROLL the end credits – beleaguered cinema chain Cathay Cineplexes is closing its West Mall outlet on Thursday (Feb 20), the same day its lease at the Bukit Batok...
Lights, camera, adios: Struggling Cathay Cineplexes to shutter West Mall outlet 
Final curtain for Cathay Cineplexes at West Mall as struggling chain exits after settling S$12 million rent arrears
ROLL the end credits – beleaguered cinema chain Cathay Cineplexes is closing its West Mall outlet on Thursday (Feb 20), the same day its lease at the Bukit Batok...
Aussie “Big Four” banks cut rates, mirroring central bank
Aussie “Big Four” banks cut rates, mirroring central bank
AUSTRALIAN “Big Four” lenders cut their interest rates by 25 basis points on Tuesday (Feb 18), in tandem with the central bank cutting its rates for the first time...
HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs: source
HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs: source
HSBC has laid off around 40 investment bankers in Hong Kong, according to a source with direct knowledge of the matter, as part of a global restructuring exercise at...
Australia backs Virgin-Qatar Airways tie-up citing improved air services
Australia backs Virgin-Qatar Airways tie-up citing improved air services
AUSTRALIA’S competition watchdog on Tuesday (Feb 18) backed a planned alliance between Virgin Australia and Qatar Airways, saying it would provide air travellers with improved services and products.The Australian...