Real Estate
Hedge fund investor appetite hit by high fees and private credit, says Goldman Sachs
GLOBAL investor appetite for the most expensive multi-strategy hedge funds has fallen, Goldman Sachs said in a report to clients seen by Reuters on Friday (Aug 2), though more...
Chevron reports Q2 earnings miss on weak refining margins
CHEVRON reported second-quarter earnings on Friday (Aug 2) that missed Wall Street estimates due to industry-wide pressure from lower refining margins and natural gas prices, sending its shares down...
Ringgit on best run in 14 years as Malaysia’s outlook brightens
THE ringgit is set for its longest winning streak in 14 years on optimism surrounding Malaysia’s economy and foreign fund inflows.
The local currency rose 1.6 per cent against the...
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...
