Lifestyle
Warner Bros Discovery slides as US$9 billion write-down points to TV woes
SHARES of Warner Bros Discovery plunged more than 11 per cent on Thursday (Aug 8) after a US$9.1 billion write-down of the media giant’s TV assets sparked doubts about...
Thai Beverage 9-month Ebitda rises 2.2% to 38.6 billion baht
THAI Beverage posted a 2.2 per cent rise in earnings before interest, taxes, depreciation, and amortisation (Ebitda) to 38.6 billion baht (S$1.4 billion) for the nine months ended Jun...
BHG Retail Reit posts 28.6% lower H1 DPU amid weakening renminbi
BHG Retail Reit’s distribution per unit (DPU) fell by 28.6 per cent to S$0.25 for its first half year ended June, from S$0.35 the year before.The drop comes despite...
China auto market hits milestone as EVs, hybrids make up half of July sales
HALF of all vehicles sold in China in July were either new pure electric vehicles (EV) or plug-in hybrids, industry data showed, a milestone that underscores how far the...
China chipmaker SMIC beats Q2 estimates despite steep profit fall
SEMICONDUCTOR Manufacturing International Corp (SMIC) reported a 59.1 per cent fall in second-quarter net profit on Thursday (Aug 8) though the result from China’s largest chip foundry beat expectations.
SMIC...
British Airways suspends Beijing flights on airspace challenges
BRITISH Airways will suspend flights from London to Beijing starting Oct 26, the latest airline to pull services to China amid continued Russian airspace closure and weaker demand.
The airline,...
Malaysia’s Petronas withdraws from South Sudan amid investment shift
MALAYSIAN state energy firm Petroliam Nasional (Petronas) said it will withdraw from South Sudan as it tailors its investment strategy to business conditions.
“The decision was made following a two-year...
BOJ didn’t see July hike as policy tightening, summary shows
A SUMMARY of opinions from the Bank of Japan’s Jul 31 board meeting showed that authorities believed monetary policy would remain accommodative even as they conducted a small interest...
