Lifestyle
Singtel’s H1 profit falls 42.4% to S$1.23 billion in absence of exceptional gain
SINGTEL’S net profit for the first half ended September fell 42.4 per cent year on year to S$1.23 billion from S$2.14 billion.This was in the absence of a S$1.2...
US companies storm debt markets after risk premiums plunge
COMPANIES of all stripes are diving into the debt market on Tuesday (Nov 12), taking advantage of robust demand and relatively favourable borrowing costs.Banks including Citi, Goldman Sachs, HSBC...
Man Group plans job cuts as it reviews budget, talent needs
MAN Group is planning a round of job cuts as the world’s biggest publicly traded hedge fund firm reviews its staffing needs.Chief executive officer Robyn Grew told staff the...
CapitaLand Ascott Trust’s divestments could help it buffer against higher-for-longer interest rate scenario
It should seize opportunities available in market, as long as exit yields remain favourableTHE managers of CapitaLand Ascott Trust (Clas) have announced a flurry of divestments for the lodging...
Canada moves to end disputes at ports of Vancouver and Montreal
CANADIAN Labour Minister Steven MacKinnon said on Tuesday (Nov 12) he had directed the country’s labour relations board to order an end to disputes at the ports of Vancouver...
Amazon offers free computing power to AI researchers, aiming to challenge Nvidia
AMAZON.COM’S cloud computing unit on Tuesday (Nov 12) said it will offer free computing power to researchers who want to use its custom artificial intelligence chips, aiming to challenge...
Quarz pares stake in Sabana Reit as Volare adds
The transaction increases Volare’s deemed interest in the trust to 19.79% from 17.79%SWISS group Volare has scooped up the 22.5 million shares in Sabana Industrial Real Estate Investment Trust...
US dollar roars with Bitcoin as Trump trades shine; euro and yuan slump
THE US dollar rose to a four-month peak versus major peers on Tuesday (Nov 12), while Bitcoin extended its record rally as investors continued to pile into trades seen...
