Lifestyle
Sembcorp executives guide for higher dividends, earnings as H2 profit rises 15% to S$412 million
SEMBCORP Industries posted a 15 per cent year-on-year rise in net profit to S$412 million for the second half of its financial year ended Dec 31, 2023. This was...
UK minister expects laws on stablecoins, staking within six months
THE UK government plans to get new rules governing stablecoins and staking services for cryptoassets approved by lawmakers within the next six months as pressure ratchets up to deliver...
Dasin Retail Trust unitholders OK removal of trustee-manager, internalisation of its function at EGM
THE unitholders of Dasin Retail Trust (DRT) approved the removal of its trustee-manager, Dasin Retail Trust Management (DRTM), at an extraordinary general meeting (EGM) on Monday (Feb 19). The...
Singapore stocks extend gains amid post-Budget optimism; STI up 0.1%
THE Straits Times Index (STI) rose 0.1 per cent or 3.97 points to 3,225.91 on Monday (Feb 19) amid optimism around how the 2024 Budget could better position local...
Chinese EV maker Xpeng to hire 4,000, invest in AI
CHINESE electric vehicle maker Xpeng said it would hire 4,000 this year and invest millions in artificial intelligence, as it seeks to survive what it describes as a “bloody...
13 blue-chip stocks that could benefit from Singapore’s Budget 2024
UNLIKE last year’s Budget focusing more on wealth redistribution, Singapore’s Budget 2024 has an investment tilt that lifts market sentiment. The Straits Times Index (STI) stayed in positive territory...
Gold prices recover as softer US dollar lifts appeal
GOLD prices inched higher on Monday (Feb 19), lifted by a softer US dollar, as the bullion partially recovered from a slump last week on hot United States inflation...
Outbound travellers from Singapore to pay levy from 2026 as part of sustainable air hub drive
For airlines, one initiative is a flight levy to support the use of sustainable aviation fuel. Derived from renewable sources – including agricultural residue and waste oils – such...
Westpac sees monetary policy ‘less restrictive’ over next year, Q1 profit drops
WESTPAC Banking said it sees scope for monetary policy in Australia to become less restrictive within the next year, while reporting a drop in its first-quarter unaudited net profit...
Seatrium consortium to build third offshore wind project for Dutch electrical transmission operator
SEATRIUM and its consortium partner GE Vernova will build the third offshore wind project for TenneT, the national electricity transmission system operator in the Netherlands. This is under the five-year...