Technology
OUE braces for H1 loss on property market slowdown, economic uncertainty in China
Group expects red ink of S$92 million to S$106 million from investee firm it owns 25.2% ofPROPERTY developer OUE expects to record a net loss for the first six...
India’s Reliance Industries Q1 profit misses estimates on lower fuel sales margin
INDIA’S Reliance Industries, a retail-to-telecom conglomerate, reported first-quarter profit on Friday (Jul 19) that missed estimates, hurt by lower margins on fuel sales.The billionaire Mukesh Ambani-led company, India’s largest...
France’s champagne makers call for reduced grape harvest after 15% drop in sales
FRANCE’S champagne producers on Friday (Jul 19) called for a cut in the number of grapes harvested this year after sales of the wine fell more than 15 per...
India’s first unicorn sets sights on IPO after returning home
MOBILE-ADVERTISING firm InMobi is planning to go public in India in the second half of next year, seeking to capitalise on a booming stock market in the world’s fifth-largest...
Bukit Sembawang defends its capital structure, senior management changes after Sias queries
PROPERTY developer Bukit Sembawang Estates (BSEL) on Friday (Jul 19) defended its capital structure and growth plans, among other things, in response to a slew of questions from the...
BOJ urged to halve bond buying in scheduled quantitative tightening plan, minutes show
THE Bank of Japan received a sizeable number of requests to halve monthly bond buying in coming years under a quantitative tightening (QT) plan due this month, minutes of...
Thai investigation into BYD EV discounts moves ahead despite cashback offer
A THAI investigation into discounts from China’s BYD will continue despite a cashback programme from its distributor in response to backlash from consumers who felt they overpaid for their...
Several Singapore companies affected by global IT outage; check-ins at Changi Airport processed manually
SEVERAL companies in Singapore have been affected by a global IT outage on Friday (Jul 19) afternoon.The websites of several companies appeared unable to load, from around 2 pm....
