Real Estate
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...
NYSE-parent ICE second-quarter profit rises on robust trading
INTERCONTINENTAL Exchange (ICE) reported a rise in second-quarter profit on Thursday (Aug 1), helped by a strong performance in its exchanges business as trading remained strong.
The conflict in the...
Jardine Cycle & Carriage H1 underlying profit falls 14% to US$500 million
JARDINE Cycle & Carriage posted an underlying profit of US$500 million for the first half of 2024, down 14 per cent from US$583 million in the year-ago period. The group’s...
Singapore stocks lose steam as SIA sinks, Fed stands pat; STI drops 1%
SINGAPORE equities were in the red on Thursday (Aug 1), after the US Federal Reserve stood pat in its July meeting, but signalled it could be ready to start...
Hugo Boss misses Q2 operating profit expectations
HUGO Boss reported a 42 per cent drop in second-quarter operating profit on Thursday (Aug 1), below market expectations, two weeks after the German fashion house slashed its annual...
