Real Estate
LHT, Bumitama and JB Foods directors add to stakes
Institutions were net buyers of Singapore stocks over the five trading sessions through to Apr 25, with S$277 million of net institutional inflow, as 14 primary-listed companies conducted buybacks...
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
Oil prices settled higher on Friday (Apr 26), garnering support from tensions in the Middle East, but a strong US dollar and inflation data quashed hopes that the Federal...
Exxon misses on Q1 profit despite big gains in Guyana
ExxonMobil on Friday (Apr 26) missed analysts’ estimates with a 28 per cent year-on-year drop in first quarter profits as weaker refining margins and lower natural gas prices offset...
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
ASIA markets ended mixed on Friday (Apr 26) as investors watched for further macroeconomic data, while persistent inflation continues to weigh on concerns of higher-for-longer rates.The Straits Times Index...
Best World under fire from shareholders at AGM over dividends, director salaries
DISGRUNTLED shareholders of beauty product distributor Best World International : CGN 0% raised questions over the lack of dividend payouts and the compensation of directors at the company’s first...
HSBC’s private bank shuts independent asset management business in HK, Singapore
HSBC Holdings’ private bank has discontinued its independent asset management business in Hong Kong and Singapore following a strategic business review, a bank spokesperson said. “We will make this change...
Not just fun and games: How mobile games have become big business
MOBILE games are now dominating the gaming industry, with companies finding fresh ways to milk revenue from consumers.But while the segment has become a force to be reckoned with,...
Japanese yen slides back towards 34-year low after brief spike
The yen fell on Friday (Apr 26) and was trading around its weakest level in three decades, having briefly spiked against the dollar, with markets on edge about possible...
