Real Estate
ANZ profit drops as competition bites in home-lending market
ANZ Group Holdings’s profit missed estimates as chief executive officer Shayne Elliott said competition in the mortgage market remained intense. Cash profit slipped to A$6.7 billion (S$5.9 billion) in...
Moderna reports surprise profit on higher-than-expected Covid vaccine sales
MODERNA reported a surprise third-quarter profit on Thursday (Nov 7), driven by cost cutting and higher-than-expected sales of its Covid-19 vaccine, even with low revenue from its new respiratory...
US: Wall Street hits all-time highs, Fed decision on tap
Wall Street’s main stock indexes hit record highs in the run-up to an interest-rate decision from the Federal Reserve on Thursday (Nov 7), extending a sharp rally sparked by...
Far East Orchard 9M profit more than doubles to S$16.9 million on strong H1 performance
PROPERTY investment company Far East Orchard on Thursday (Nov 7) reported a net profit of S$16.9 million for the nine months ended Sep 30, more than double the S$7.6...
Watch industry failing to make models women want: survey
THE watch industry is not producing and marketing enough models that women want to wear, a survey has found.Women are increasingly shunning timepieces that target their gender, yet too...
Social platforms, crypto exchanges can help fight money laundering and fraud, say Fintech Festival panellists
They add that the transboundary nature of financial crimes make data sharing between jurisdictions trickyA CALL went out on Thursday (Nov 7) for more industry sectors – specifically those...
S-Reits tumble on Trump’s election triumph
Concerns over rising US government debt and inflation have driven up treasury yields SINGAPORE-LISTED real estate investment trusts or S-Reits fell to the bottom of the Singapore Exchange (SGX)...
Air France-KLM warns of higher annual costs after Q3 profit miss
AIR France-KLM reported a bigger-than-expected drop in its quarterly operating result on Thursday (Nov 7), impacted by the Paris Olympic Games and higher unit costs.
The French-Dutch airline group’s shares...
