Lifestyle

Oil inches down as US inflation data, rising Opec output weigh
Oil inches down as US inflation data, rising Opec output weigh
February 29, 2024
OIL prices edged lower on Thursday as US inflation data implied a softening of the world’s biggest economy that could weaken crude demand, with rising Opec production also weighing on...
US: Stocks close higher as Nasdaq hits a record
US: Stocks close higher as Nasdaq hits a record
February 29, 2024
WALL Street stocks climbed on Thursday as investors assessed a key US inflation gauge, with all three major indices up while the tech-focused Nasdaq Composite Index set a new record. The...
Billionaire Gautam Adani’s Group reports its cash pile has risen
Billionaire Gautam Adani’s Group reports its cash pile has risen
February 29, 2024
INDIA’S Adani Group said cash balances have improved and it sees no refinancing risks in the near term as the conglomerate took more steps to shore up its finances...
No Signboard receives notice alleging interim CEO breached fiduciary duties in Dining Haus acquisition
No Signboard receives notice alleging interim CEO breached fiduciary duties in Dining Haus acquisition
February 29, 2024
SEAFOOD restaurant operator No Signboard has been served a notice by its controlling shareholder GuGong, alleging that the group’s interim chief executive Lim Teck-Ean had breached his fiduciary duties...
IHH revises dividend policy upwards; reports 280% Q4 earnings jump
IHH revises dividend policy upwards; reports 280% Q4 earnings jump
February 29, 2024
INTEGRATED healthcare provider IHH Healthcare on Thursday (Feb 29) enhanced its dividend policy, while reporting earnings of RM727.5 million (S$205.8 million) for the fourth fiscal quarter ended December 2023,...
Greenback dips as US inflation meets expectations
Greenback dips as US inflation meets expectations
February 29, 2024
THE US dollar fell on Thursday (Feb 29) after data showed that US inflation was in line with economists’ expectations in January, easing concerns that price pressures could be...
Healthcare providers hit by frozen payments in ransomware outage
Healthcare providers hit by frozen payments in ransomware outage
February 29, 2024
HEALTHCARE providers across the US are struggling to get paid following the week-long ransomware outage at a key tech unit of UnitedHealth Group, with some smaller providers saying they...
Straco returns to black in H2 with S.3 million net profit on easing of China’s Covid measures
Straco returns to black in H2 with S$19.3 million net profit on easing of China’s Covid measures
February 29, 2024
TOURISM facilities operator Straco Corporation on Thursday (Feb 29) recorded a net profit of S$19.3 million for the second half of 2023, reversing from a S$2.3 million net loss...
Frasers Centrepoint Trust to be added to Straits Times Index on Mar 18; Emperador dropped
Frasers Centrepoint Trust to be added to Straits Times Index on Mar 18; Emperador dropped
February 29, 2024
FRASERS Centrepoint Trust will be added to the Strait Times Index (STI), Singapore’s main stock market benchmark, on Mar 18, replacing Philippine liquor giant Emperador. The outcome of the...
Centurion sees robust demand for worker dorms but warns rents not expected to keep rising
Centurion sees robust demand for worker dorms but warns rents not expected to keep rising
February 29, 2024
MAINBOARD-LISTED Centurion Corp will benefit from robust demand for worker beds, but its chief executive officer cautioned that rents “will not keep going up”.Rental rates across the market have...