Real Estate
Ryanair warns of summer schedule cuts on Boeing delivery delays
RYANAIR Holdings warned that it could be forced to pare back its schedule in the peak summer travel season amid fresh delivery delays of new jets from Boeing. The...
Great Eastern H2 profit falls 13% to S$337.4 million
INSURANCE provider Great Eastern’s profit for the second half of the year ended Dec 31, 2023, declined 13 per cent to S$337.4 million, from S$385.9 million for H2 2022....
Raffles Medical posts 63.8% drop in H2 profit to S$30.3 million
RAFFLES Medical Group posted a 63.8 per cent drop in net profit to S$30.3 million for the second half ended Dec 31, 2023, from S$83.7 million in the previous...
Seatrium’s H2 loss widens to S$1.7 billion, proposes 20-to-1 share consolidation to axe ‘penny stock’ status
SEATRIUM reported a net loss of S$1.7 billion for the second half ended Dec 31, 2023, widening from a net loss of S$118.3 million in the same period a...
China’s quant clampdown risks damaging fragile markets for years
CHINESE hedge funds were looking forward to a holiday break from the market turmoil when trouble started brewing last month. One manager had his short-selling orders abruptly rejected by...
China’s Honor globally launches AI-enhanced Magic 6 Pro smartphone
CHINESE technology company Honor on Sunday globally launched its new Magic 6 Pro smartphone and showcased an experimental eye-tracking AI function that enables users to remotely open and move...
Verdane raises 1.1 billion euros for digital, green bets in Europe
VERDANE has raised 1.1 billion euros (S$1.2 billion) for a new fund to invest in companies working to digitalise and decarbonise the European economy. The growth investment firm drew...
Singapore’s ‘mild’ green jet fuel levy lags global targets but provides clarity to industry: observers
SINGAPORE’S proposed levy on flights to fund sustainable aviation fuel lags international targets, said observers. Even so, it still provides some much-needed clarity to the aviation industry, with only...
