Lifestyle
Keppel to acquire Chennai office complex for 22 billion rupees
KEPPEL has agreed to acquire a 100 per cent stake in freehold office complex One Paramount in Chennai, India for 22 billion rupees (S$351.1 million), the global asset manager...
PBOC to change one-year loan operation date in policy shift
CHINA’S central bank is planning to move the date on which it injects one-year liquidity to domestic lenders to the 25th of each month, according to sources familiar with...
Gold scales two-week high as Fed nods to likely Sept rate cut
GOLD prices climbed to a two-week high on Thursday (Aug 1) as US Federal Reserve chair Jerome Powell opened the door to cutting interest rates as early as September.Spot...
Singapore shares fall at Thursday’s open; STI down 0.4%
SINGAPORE shares opened lower on Thursday (Aug 1) morning, despite US and Europe indices rallying overnight. The Straits Times Index (STI) fell 0.4 per cent or 12.45 points to...
Keppel H1 profit from continuing operations up 7% at S$513 million
Its board of directors is proposing a tax exempt one-tier interim cash dividend of S$0.15 per shareKEPPEL posted a 7 per cent increase in net profit to S$513 million...
China’s robotaxi dreams spark economic anxiety over AI’s threat
ON A recent summer night in central China, a couple on a motorcycle swerved in front of a driverless cab, forcing the vehicle to brake rapidly. At an intersection,...
Qualcomm gives bullish forecast after phone demand perks up
QUALCOMM, the world’s biggest seller of smartphone processors, gave a strong revenue forecast for the current period, indicating that demand for phones is rebounding.Revenue in the quarter ending in...
Distributable income is better metric for assessing Keppel Infrastructure Trust’s performance
I REFER to the article “Keppel Infrastructure Trust reverses into the red with a loss of S$23.9 million in H1 2024” (BT, Jul 26), which highlights profit after tax...
