Real Estate
Nintendo Switch sales halve and profit tumbles as successor device awaited
JAPAN’S Nintendo said sales of its aging Switch console almost halved in the April-to-June first quarter and profit slumped, falling far short of estimates.The gaming giant sold just 2.1...
OCBC looks to balance net interest income growth with NIM impact ahead of interest rate cuts
The bank’s Q2 net profit rises 14% to S$1.94 billion; the earnings are the second-strongest on recordAHEAD of cuts to US interest rates, OCBC has noted the need to...
MAS sets up review group to improve Singapore stock market
The panel will build on existing initiatives introduced by the government to support enterprise financingTHE Monetary Authority of Singapore (MAS) has set up a review group to recommend measures...
Stocks to watch: OCBC, Jardine Matheson, Jardine C&C, Hongkong Land, Seatrium
THE following companies saw new developments that may affect trading of their securities on Friday (Aug 2):OCBC: The bank’s net profit for the second quarter ended June rose 14...
OCBC Q2 profit up 14% at S$1.94 billion; S$0.44 per share interim dividend declared
OCBC’s net profit for the second quarter ended June rose 14 per cent to S$1.94 billion, from S$1.71 billion in the previous corresponding period. The bank on Friday (Aug...
Navigating sustainable governance – introducing a new dynamic SGTI
THE assessment of corporate governance practices and disclosures by all public-listed companies, real estate investment trusts (Reits) and business trusts in Singapore has been conducted on an annual basis...
US: Rate-cut hopes prompt higher Wall St open
Wall Street’s main stock indexes opened higher on Thursday (Aug 1), boosted by the Federal Reserve’s signals of a September rate cut and a rosy sales forecast from Meta,...
Chinese luxury EV brand Zeekr launches in Singapore ahead of major Apac push
New York Stock Exchange-listed luxury electric vehicle (EV) brand Zeekr officially launched in Singapore at the ArtScience Museum on Thursday (Aug 1). Its debut here, where it is the...
