Lifestyle
US: Wall St dips at the open as yields rise, earnings weigh
Wall Street’s main indexes opened lower on Wednesday (Oct 23), pressured by rising Treasury yields and as investors focused on earnings from companies including Coca-Cola, Boeing and Starbucks.The Dow...
HSBC CEO tells staff senior redundancies inevitable after revamp
SOME senior HSBC staff should brace for job cuts after the bank’s latest restructuring, chief executive Georges Elhedery told staff in a memo seen by Reuters on Wednesday (Oct...
Singapore is one step closer to hydrogen-powered electricity supply
ONE of the first hydrogen-ready power plants in Singapore has advanced into its next phase of development, with its project developer in talks with banks to raise funds for...
Independent financial adviser deems offer for Dyna-Mac ‘fair and reasonable’
THE takeover offer for oil-and-gas contractor Dyna-Mac at S$0.67 a share has been deemed “fair and reasonable” by the independent financial adviser (IFA) of the deal.The adviser, Zico Capital,...
Digital Core Reit 9M distributable income rises 9.7% to US$34.5 million
DIGITAL Core Real Estate Investment Trust’s (Reit) distributable income for the nine months ended Sep 30 rose 9.7 per cent to US$34.5 million, from US$31.5 million in the year-ago...
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...
