Lifestyle
Grab’s Q2 loss narrows to US$53 million, but misses analyst estimates
NASDAQ-LISTED Grab on Thursday (Aug 15) posted a loss of US$53 million for the second quarter ended Jun 30, trimmed from a US$135 million loss in the corresponding year-ago...
Tapestry beats revenue, profit estimates on steady demand for Coach handbags
COACH parent Tapestry beat Wall Street expectations for fourth-quarter results on robust demand for its popular Tabby handbags, signalling resilient interest for affordable luxury goods despite a global spending...
UOB Kay Hian H1 profit up 64.3% to S$113.9 million
UOB Kay Hian reported on Thursday (Aug 15) a net profit of S$113.9 million for the six months ended Jun 30, up 64.3 per cent from S$69.3 million in...
Positive economic data from China and Japan lifts regional stocks; STI up 0.9%
SINGAPORE shares rose on Thursday (Aug 15) amid strong retail sales and gross domestic product data from China and Japan, respectively. The benchmark Straits Times Index (STI) rose 0.9...
UBS puts 1.88 billion francs Credit Suisse real estate fund into liquidation
UBS has put a real estate fund of its former competitor Credit Suisse worth over US$2 billion into an “orderly liquidation” as at Thursday (Aug 15), the Swiss bank...
Hot stock: AEM falls as much as 19.2% after earnings miss
Revenue declines 36.9% following weaker demand from its key semiconductor customerSHARES of AEM tumbled on Thursday (Aug 15), after the semiconductor test equipment maker posted a 95.4 per cent...
Latest Singapore 6-month T-bill offers 3.34% cut-off yield
The auction has received S$16 billion in applications, representing a bid-to-cover ratio of 2.32THE cut-off yield on the latest Singapore six-month Treasury bill (T-bill) fell to 3.34 per cent,...
Google launches RCS business messaging as a more secure alternative to SMS
GOOGLE has worked with local telcos to launch Rich Communication Services (RCS) business messaging for RCS-enabled Android users in Singapore. On Thursday (Aug 15), Google announced at its Safer...