Lifestyle
Vietnam plans capital injection into Vietcombank to support policy goals
VIETNAM is planning to inject 20.695 trillion (S$1.1 billion) of capital into state-owned commercial lender Vietcombank, the country’s biggest bank, to boost its capacity to support government policy, the...
Heineken third-quarter beer volumes hit by weak Americas
HEINEKEN reported worse-than-expected beer volumes due to declines in the Americas and Asia-Pacific as consumers failed to ramp up spending.
The Dutch brewer said on Wednesday (Oct 23) that...
ECB starting to debate if rates have to go below neutral: sources
EUROPEAN Central Bank (ECB) policymakers have begun to debate whether interest rates need to be lowered enough to start stimulating the economy, ending years of economic restriction, conversations this...
Ascott China forms JV with Jin Jiang Hotels to grow apartment hotel brands in China
THE China business segment of Ascott has entered into a joint venture (JV) with Jin Jiang Hotels to expand their respective apartment hotel brands in China. Ascott China will...
Keppel Infrastructure Trust’s 9-month distributable income falls 60.1%
KEPPEL Infrastructure Trust (KIT) saw its distributable income year on year tumble 60.1 per cent to S$106.1 million for the first nine months of 2024 from S$266.1 million. The fall...
Global uncertainties push safe-haven gold to record high
GOLD prices surged to a record high on Wednesday (Oct 23) as the conflicts in the Middle East and uncertainty surrounding the upcoming US election spurred demand for safe-haven...
Singapore shares open higher on Wednesday; STI up 0.2%
SINGAPORE shares began Wednesday (Oct 23) trading in positive territory as overseas markets saw mixed results overnight.As at 9.01 am, the Straits Times Index (STI) was up 0.2 per...