Lifestyle
Delfi profit dips 22.3% to US$19.6 million
Confectionery maker’s performance dips on the back of lower sales and currency weakness CHOCOLATE and confectionery manufacturer Delfi posted a 22.3 per cent drop in its net profit for the...
Hong Leong Asia H1 profit from continuing operations up 60% to S$49.4 million
INDUSTRIAL conglomerate Hong Leong Asia on Tuesday (Aug 13) reported a net profit from continuing operations of S$49.4 million for the six months ended Jun 30, up 60.1 per...
Nanofilm Technologies H1 loss narrows 51.1% to S$3.7 million
Its top line for the period rises on higher contributions from three business unitsSOLUTIONS provider Nanofilm Technologies on Tuesday (Aug 13) announced that its net loss for the six...
Prime US Reit H1 DPU dives 92% to US$0.0018 as manager retains funds to meet capex needs
PRIME US Reit’s manager on Tuesday (Aug 13) said the real estate investment trust’s (Reit) distribution per unit (DPU) tumbled 92 per cent to US$0.0018 for the six months...
Sea back in the black with US$79.9 million Q2 profit, beating estimates
GAMING and e-commerce player Sea on Tuesday (Aug 13) posted a net profit of US$79.9 million for the three months ended Jun 30, down 75.9 per cent from US$331...
Thailand to expand state equity fund by up to US$4.3 billion to invest in local stocks
Thailand will increase the size of a state mutual fund by between US$2.8 billion-US$4.3 billion to invest in local stocks, officials said on Tuesday (Aug 13), in a bid...
China’s outbound investing quota crunch spurs foreign asset managers to get creative
SOARING demand from Chinese investors for offshore investments has left foreign banks and fund managers scrambling to ration outbound-investing quotas despite the recent sell-off in the US and Japanese...
Japan’s Nikkei surges 3.5% after boost from weak yen
Japan’s Nikkei share average surged 3.5 per cent on Tuesday (Aug 13), with tech shares leading the rally as sentiment got a boost from a weaker yen as traders...
