Lifestyle
Qatar Airways posts 39% jump in annual profit to record 6.1 billion Qatari riyals
QATAR Airways posted a 39 per cent jump in annual net profit to a record 6.1 billion Qatari riyals (S$2.3 billion) on Tuesday (Jul 2).
Revenue grew by 6 per...
Jollibee Foods to take control of South Korea’s Compose Coffee in US$340 million deal
PHILIPPINE fast-food firm Jollibee Foods will acquire a majority stake in privately held Compose Coffee, a South Korean coffee chain, as part of a deal valuing the target at...
Asia: Stocks to slip after Treasuries take a hit
STOCKS in Asia are set to fall, while bonds in the region are likely to track Treasuries lower as traders weighed the possibility of another Donald Trump presidency in...
Gold flat as investors eye Powell’s speech
GOLD prices were flat on Tuesday (Jul 2), as investors awaited comments from Federal Reserve chair Jerome Powell and jobs data for further insight about the US central bank’s...
Microsoft consolidates retail channels in China
MICROSOFT is consolidating its retail channels in mainland China, the firm said in response to media reports that it is closing its network of authorised physical retailers in the...
World’s most volatile big stock is rocking Indonesia’s market
ITS share-price chart resembles that of an emerging-market penny stock: a 1,200 per cent surge punctuated by two crashes of more than 40 per cent – all in the...
Stocks to watch: UMS, Civmec, Oiltek
THE following companies saw new developments that may affect trading of their securities on Tuesday (Jul 2):
Asia dollar loan volumes plunge to 14-year low as rates bite
US DOLLAR loan sales for the first half across Asia excluding Japan tumbled to their lowest since 2010 as higher borrowing costs in the greenback deterred companies, who opted...
