Real Estate
China’s aviation fuel demand seen up 13% in 2024: CNPC research
CHINA’S aviation fuel consumption is likely to expand 13.1 per cent this year, extending a robust recovery last year on passenger travel, but the country’s crude oil imports may...
OCBC posts record S$7.02 billion earnings for FY2023; expects lower NIMs, slow loan growth in 2024
SINGAPORE’S second-largest lender OCBC will likely post lower net interest margins (NIMs) and slow loan growth in 2024 amid a global growth slowdown, said OCBC group chief executive Helen...
Expect lower NIMs, slow loan growth in 2024 amid global growth slowdown: OCBC CEO
SINGAPORE’S second-largest lender OCBC will likely post lower net interest margins (NIMs) and slow loan growth in 2024 amid a global growth slowdown, said OCBC group chief executive Helen...
Pertamina to intensify exploration in Indonesia’s east amid higher oil, gas output targets
INDONESIA’S state energy company Pertamina wants to intensify its exploration efforts in the country’s eastern regions, a senior official said on Wednesday (Feb 28), as it targets higher oil...
Toyota’s global output rises by 7% in January
JAPAN’S Toyota Motor said on Wednesday global vehicle production rose by 7 per cent in January, marking a year-on-year increase for the 13th straight month as the automaker benefited...
New Zealand central bank holds rates, flags less hawkish policy track
NEW Zealand’s central bank held the cash rate steady at 5.5 per cent on Wednesday and trimmed the forecast peak for rates, catching markets by surprise as policymakers said...
EC World Reit posts calculated Q4 DPU of S$0.0069 as distributions stay suspended
EC WORLD Real Estate Investment Trust (Reit) reported a calculated distribution per unit (DPU) of S$0.0069 for the fourth quarter ended Dec 31, 2023, though its distributions remain suspended...
Virgin Galactic revenue misses estimates, will focus on Delta ships
VIRGIN Galactic Holdings fourth-quarter revenue fell short of Wall Street expectations as the space tourism company works to rein in costs and slow its launch schedule while developing a...
