Technology
Stocks to watch: SIA, First Sponsor, Sasseur Reit, First Reit, TalkMed, UOI
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 21):Singapore Airlines (SIA): The national carrier recorded a net profit of S$659 million...
SIA Q3 earnings up 4.9% to S$659 million as North Asia markets fully reopen to robust passenger demand
The revenue gain was due to high passenger demand, as passenger flown revenue climbed 10.6 per cent to S$4.2 billion, despite a 7.4 per cent decline in passenger yields...
Europe car sales jump 11% in January on pent-up demand
PASSENGER-CAR deliveries in Europe gained 11 per cent in January as automakers like Volkswagen and Stellantis fed off order backlogs and demand for electric cars recovered. New-vehicle registrations rose...
ANZ’s A$4.9 billion Suncorp deal to progress after court win
ANZ Group Holdings won its fight to overturn a competition watchdog decision to block its A$4.9 billion (S$4.3 billion) purchase of Suncorp Group’s banking arm. The Australian Competition Tribunal...
Europe: Stoxx 600 hits two-year high; German, French shares lag
EUROPE’S benchmark stock index hit its highest in over two years on Monday on strength in healthcare stocks, while French and German shares lost some steam after scaling record highs...
Shareholder returns are at peak for European banks: JPMorgan
EUROPEAN banks’ capital returns to shareholders may have already reached a peak, according to JPMorgan Chase strategists. The prospect of central bank rate cuts this year will reduce earnings...
HSBC introduces new bonus system for most junior employees
HSBC Holdings is introducing a new bonus plan for most junior employees in support roles as it seeks to improve transparency on compensation. Those staff will be given a...
Aviation industry faces challenges of affordable airfares, inadequate manpower
THE aviation industry in the post-pandemic era is not short of challenges, ranging from keeping airfares affordable, especially during festive seasons when profit margins are “razor-thin”, to having adequate...
