Real Estate
Banks tout all-night US credit trades as election results come in
BANKS are gearing up for late-night US credit trades as results trickle in from presidential and legislative elections that could impact company profits.JPMorgan’s derivatives trading desk will be staffed...
Amos Group loses free float, extends offer closing date to Nov 21
OFFSHORE oil and gas equipment manufacturer Amos Group on Tuesday (Nov 5) said it has lost its free float and intends to extend the deadline for shareholders to accept the...
Apollo assets reach US$733 billion with boost from wealth clients
APOLLO Global Management’s push to target wealthy individuals helped boost the firm’s assets under management to US$733 billion, a 16 per cent increase over the same period a year...
China stocks end at 4-week high as Premier expresses confidence in economic recovery
MAINLAND China stocks closed at a four-week high on Tuesday (Nov 5), after Chinese Premier Li Qiang expressed confidence in the country’s economic recovery, while recent data showed signs...
SIA Engineering Q2 profit up 10.2% to S$35.6 million; declares S$0.02 dividend per share
AIRCRAFT maintenance provider SIA Engineering (SIAEC) on Tuesday (Nov 5) reported net profit of S$35.6 million for the quarter ended Sep 30, 2024, up 10.2 per cent from S$32.3...
Audi Group profit slumps on China weakness, plant restructuring
VOLKSWAGEN’S Audi-led premium brands barely eked out an operating profit in the third quarter after waning luxury spending in China and a plant restructuring in Brussels dragged on returns.
Operating...
Saudi Aramco reports 15% drop in Q3 profit but maintains dividend
Saudi oil giant Aramco on Tuesday (Nov 5) reported a 15.4 per cent drop in third-quarter profit due to lower crude prices and weaker refining margins, but maintained its...
StanChart partners with Wise for faster FX in Asia and Middle East
STANDARD Chartered (StanChart) is going to use Wise’s payments platform to offer multi-currency money transfers in Asia and the Middle East.The lender will integrate Wise’s foreign exchange infrastructure to...
