Lifestyle
Hot stock: Singtel down about 3.3% after announcing S$3.1 billion impairment hit
SHARES of Singtel : Z74 0% fell as much as 3.3 per cent during the morning trading session on Monday (Apr 29) after the telco announced that it expects...
AIA’s first-quarter new business value rises 31%, announces US$2 billion buyback
Hong Kong-based insurer AIA Group on Monday posted a 31 per cent rise in its first-quarter value of new business (VONB) on a constant exchange currency basis and announced...
France moves to acquire key activities of tech giant Atos
FRENCH Finance Minister Bruno Le Maire on Sunday said he had moved to acquire the “sovereign activities” of debt-laden French tech giant Atos and prevent foreign ownership of them.Atos,...
SGX RegCo should push companies to help minorities requisition resolutions at AGMs
When minority shareholders invoke their right to requisition an extraordinary general meeting (EGM), it often spells trouble for the incumbent board and management.
Yet, the requisitioning shareholders usually need...
WTI expected to continue pullback before rebounding
WTI oil prices have pulled back since mid-April after the market priced out a risk premium from oil prices. This came after Iran’s indication of no immediate retaliation against...
Wall Street bulls say stock rally can resume even without rate cuts
ROBUST global economic growth may offer equities enough support to resume a record-breaking rally, even if bets on Federal Reserve interest rate cuts this year are completely abandoned.After the...
Delayed rate cuts expected to benefit Singapore banks’ otherwise uneventful Q1 earnings
SINGAPORE’S local banks are unlikely to surprise in their earnings for the first quarter of 2024. But a potential delay in interest-rate cuts in the US should boost their...
Dasin Retail Trust’s creditor to repossess director’s properties over loan default
DASIN Retail Trust : CEDU 0% has received letters dated Apr 24 from the credit facility provider exercising its right to repossess two properties over the outstanding amount owed...
