Lifestyle
US: Wall St opens higher as CPI report cements rate-cut bets
Wall Street’s main indexes opened slightly higher on Wednesday (Aug 14) after data showed inflation was moderating as expected, cementing bets that the Federal Reserve will begin its policy-easing...
Yanlord Land Group sinks into the red with 486 million yuan H1 loss on write down
REAL estate developer Yanlord Land Group reversed into the red with a loss of 486 million yuan (S$89.3 million) for the six months ended Jun 30, compared to net...
AEM H1 net profit falls 95.4% as demand from key customer weakens
AEM Holdings posted a 95.4 per cent decline in net profit to S$895,000, from S$19.7 million a year earlier, for the half-year ended Jun 30, 2024.This comes as revenue...
ComfortDelgro’s H1 2024 earnings rose 21.4% to S$95.3 million
TRANSPORT operator (CDG) reported on Wednesday (Aug 14) a 21.4 per cent increase in H1 2024 earnings to S$95.3 million, from S$78.5 million in the year-ago period.Revenue for the...
Green data centres, energy transition among most promising growth areas in sustainable financing: UOB
[KUALA LUMPUR] Green data centres, energy transition, food security and industrials are the most promising growth areas in sustainable financing, said UOB’s head of sector solutions group and global...
Aviva tops earning forecasts on home, motor insurance price rises
British insurer Aviva beat first-half profit expectations following a rise in general insurance premiums in Britain and Ireland, and said on Wednesday (Aug 14) it remained confident of meeting...
Snickers maker Mars to acquire Kellanova for nearly US$30 billion: source
FAMILY-OWNED candy giant Mars, whose brands include M&M’s and Snickers, is nearing a deal to acquire Kellanova, maker of snacks such as Cheez-It and Pringles, for nearly US$30 billion,...
UBS profit beats estimates as client inflows hit US$27 billion
UBS Group posted higher than expected profit in the second quarter, buttressing chief executive officer Sergio Ermotti’s efforts to return capital to shareholders and finalise the integration of Credit...
