Lifestyle
Wilmar obtains US$100 million sustainability-linked loan from Maybank
AGRIBUSINESS company Wilmar International : F34 0% has secured a US$100 million sustainability-linked loan with a tenure of three years from Maybank, said both companies in a joint media...
Sterling slips as BOE holds rates; hawkish BOJ policymakers pause yen slide
The pound slipped on Thursday (May 9) after the Bank of England (BOE) held its benchmark interest rates at 5.25 per cent, while hawkish opinions from Bank of Japan...
Singapore energy scene in no danger of shakeup even as oil giants rejig portfolios: observers
SINGAPORE’S energy and chemical sector has in recent years seen an overhaul amid a global push towards greener energy and renewables away from conventional energy sources. Yet, market watchers...
Singapore stocks close flat amid mixed regional trading
SINGAPORE stocks closed flat on Thursday (May 9) amid mixed trading in the region.The benchmark Straits Times Index (STI) rose 1.42 points or 0.04 per cent to close at...
India’s SBI Q4 profit jumps 24% on strong loan demand
STATE Bank of India, the country’s largest lender by assets, reported a 24 per cent rise in its fourth-quarter profit on Thursday (May 9), aided by strong loan demand.
The...
Nissan upbeat on annual profit despite challenges
JAPAN’S Nissan Motor expects to beat analyst estimates with a 5.5 per cent rise in operating profit this fiscal year on higher global sales, it said on Thursday (May...
Panasonic’s battery unit misses annual profit estimate
THE energy unit of Japan’s Panasonic Holdings missed its operating profit guidance for the past business year due to lower electric-vehicle battery production in Japan and a fall in...
Japan’s Nippon Steel full-year profit down 21%, beats estimates
Nippon Steel, Japan’s biggest steel maker, posted on Thursday (May 9) a 20.8 per cent fall in net profit for the year ended in March to 549.4 billion yen...
