Technology
Fashion brand Esprit files for bankruptcy for its European business
ESPRIT Europe and six other German companies of the fashion group will file for insolvency under self-administration on Wednesday (May 15), the company said, as Hong Kong-listed apparel group...
Qatar to sign more long-term LNG contracts this year, QatarEnergy CEO says
QATAR has not had difficulty securing long-term liquefied natural gas (LNG) contracts and will sign more this year, QatarEnergy CEO and State Minister for Energy Saad al-Kaabi said at...
Khazanah, EPF weighing taking Malaysia Airports private, sources say
Malaysia’s sovereign wealth fund and public pension provider are considering taking Malaysia Airports Holdings private, according to people familiar with the matter, as trading in the airport operator was...
Developers sell 301 new homes in April, down 58%, on fewer launches
DEVELOPERS in Singapore chalked up 301 new private home sales in April, 58.1 per cent lower than March’s take-up as fewer new units were launched in the month, official...
ABN Amro rides high rates with first-quarter net profit beat
DUTCH bank ABN Amro beat first-quarter profit expectations on Wednesday (May 15), saying it continued to benefit from a high interest rate environment with strong net interest income and...
Huawei flagship store surge in China signals showdown with Apple
HUAWEI is revamping its retail strategy and aggressively opening flagship stores in China, with some just a stone’s throw away from Apple shops, as it seeks to retake the...
Seatrium, CDL, Jardine C&C among stocks battered after MSCI exclusion
FIVE index counters were all trading lower as at the midday break on Wednesday (May 15) after they were named as constituents to be removed from the MSCI Singapore...
Gold prices edge lower as traders eye US data for Fed clues
GOLD prices inched down on Wednesday (May 15) ahead of a key US inflation data that could offer insight into the Federal Reserve’s interest rate trajectory.Spot gold was down...
