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Hong Kong bankers earn up to 46% more than Singapore peers
Hong Kong bankers earn up to 46% more than Singapore peers
FINANCE and technology professionals are generally better paid in Hong Kong than in Singapore, with investment-banking analysts earning 46 per cent more than in the South-east Asian city-state, according...
Citigroup lifts CEO Jane Fraser’s pay to US million
Citigroup lifts CEO Jane Fraser’s pay to US$26 million
CITIGROUP lifted chief executive officer Jane Fraser’s pay about 6 per cent to US$26 million for a year in which she kicked off a major overhaul of the Wall...
National Australia Bank’s quarterly profit falls on higher costs
National Australia Bank’s quarterly profit falls on higher costs
NATIONAL Australia Bank on Wednesday reported a 3 per cent drop in its first-quarter cash profit compared to the quarterly average of the second-half of fiscal 2023, hit by...
US: Stocks slip as chip giant Nvidia slumps
US: Stocks slip as chip giant Nvidia slumps
US stocks fell on Tuesday at the beginning of a shortened week of trading due to the President’s Day holiday, dragged down by Nvidia, which slipped ahead of upcoming earnings results....
Sabana Reit trustee stresses: EGM ‘not beneficial’ to internalisation progress at this point
Sabana Reit trustee stresses: EGM ‘not beneficial’ to internalisation progress at this point
THE trustee of Sabana Industrial Real Estate Investment Trust (Reit) has reiterated that it would not be beneficial at this juncture to convene an extraordinary general meeting and consider...
TalkMed H2 net profit dips 2.8% to S.9 million despite revenue increase
TalkMed H2 net profit dips 2.8% to S$17.9 million despite revenue increase
TERTIARY healthcare services provider TalkMed Group on Tuesday (Feb 20) posted a 2.8 per cent drop in earnings to S$17.9 million for the second half ended Dec 31, 2023,...
UOI H2 net profit falls 6% to S.3 million
UOI H2 net profit falls 6% to S$17.3 million
UNITED Overseas Insurance (UOI), the general insurance arm of UOB, reported a net profit of S$17.3 million for the second half of the 2023 financial year. This is down...
US: Wall St opens lower as early rate cut hopes fade; Walmart perks up
US: Wall St opens lower as early rate cut hopes fade; Walmart perks up
WALL Street’s main indexes opened lower on Tuesday (Feb 20) as dwindling hopes for early interest rate cuts weighed on investor sentiment even as Walmart kicked off the earnings...
First Reit H2 DPU falls 6.1% to Salt=
First Reit H2 DPU falls 6.1% to S$0.0124 on currency depreciation
For the second half ended Dec 31, 2023, rental and other income fell 5.1 per cent year on year to S$54.6 million, from S$57.5 million. Net property and other...
Sovereign wealth funds said to eye McDonald’s China investment
Sovereign wealth funds said to eye McDonald’s China investment
MIDDLE Eastern and Chinese sovereign wealth funds are considering investing in McDonald’s China business, according to people familiar with the matter. Firms including Mubadala Investment, Qatar Investment Authority (QIA)...