Real Estate
Dollar on track for first weekly fall in 2024
THE US dollar was on track to record its first weekly fall in 2024 on Friday (Feb 23), as investors took a breather after almost two months of rises...
Deutsche Telekom sees 2024 profit up 6% on German, US growth
DEUTSCHE Telekom, Europe’s largest telecommunications operator, forecast its earnings this year will continue to grow after a strong 2023, boosted by growth in Germany and the US. Adjusted earnings...
Tuan Sing H2 net loss narrows to S$1.2 million
PROPERTY company Tuan Sing reported on Friday (Feb 23) a smaller net loss in the second half of 2023 amid an increase in revenue. Net loss for the six...
China gold premiums rise as demand picks up after holiday pause
PHYSICAL gold demand picked up in China this week as the top bullion hub reopened after the Chinese New Year holidays, while a correction in domestic prices in India...
Air China to sound out advisers on raising Cathay stake
AIR China has been sounding out advisers in recent months on the possible merits of raising its nearly 30 per cent stake in Cathay Pacific Airways, according to people...
Grab shares plunge after poor outlook clouds first buyback plan
GRAB’S shares slid the most in more than nine months after the ride-hailing leader forecast 2024 revenue below analysts’ estimates, suggesting a deeper-than-anticipated slowdown in its core online business....
Singtel’s Q3 profit falls 12.5% to S$465 million on exceptional items
SINGTEL’S net profit for the third quarter ended Dec 31, 2023, was down 12.5 per cent to S$465 million from S$532 million in the same period a year ago....