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Didi reports bigger loss as incentives, EV bet continue to weigh
Didi reports bigger loss as incentives, EV bet continue to weigh
DIDI Global’s net loss grew in the March quarter, after climbing marketing costs and losses on its stake in electric vehicle-maker XPeng outweighed a revenue boost. China’s leading ride-hailing provider’s...
Didi reports bigger loss as incentives, EV bet continue to weigh
Didi reports bigger loss as incentives, EV bet continue to weigh
DIDI Global’s net loss grew in the March quarter, after climbing marketing costs and losses on its stake in electric vehicle-maker XPeng outweighed a revenue boost. China’s leading ride-hailing provider’s...
Wilmar and Raffles Medical chairmen continue buying spree
Wilmar and Raffles Medical chairmen continue buying spree
INSTITUTIONS were net sellers of Singapore stocks over the five trading sessions through to May 16, with S$28.5 million of net institutional outflow, as 25 primary-listed companies conducted buybacks...
Reitas’ new exco elects Keppel Reit chief to continue as president
Reitas’ new exco elects Keppel Reit chief to continue as president
KOH Wee Lih, Keppel real estate investment trust (Reit) management’s chief executive officer has been elected by the Reit Association of Singapore’s (Reitas) incoming executive committee (exco) to continue...
Wilmar, Raffles Medical chairs continue adding to stakes
Wilmar, Raffles Medical chairs continue adding to stakes
Institutions were net buyers of Singapore stocks over the five trading sessions through to May 9, with S$15.3 million of net institutional inflow, as 23 primary-listed companies conducted buybacks...
WTI expected to continue pullback before rebounding
WTI expected to continue pullback before rebounding
WTI oil prices have pulled back since mid-April after the market priced out a risk premium from oil prices. This came after Iran’s indication of no immediate retaliation against...
Mercedes says it will continue to invest in China tie-ups
Mercedes says it will continue to invest in China tie-ups
MERCEDES Benz’s China chief said on Thursday (Apr 25) that the company would continue to invest in tie-ups with Chinese partners such as Internet firm Baidu, noting China was...
Japan’s historic stock market rally expected to continue despite current pullback
Japan’s historic stock market rally expected to continue despite current pullback
THE SGX Nikkei 225 Index Futures contract is based on the underlying Nikkei 225 Index, the premier benchmark for Japanese equities. The three largest constituents of the index include...
Chocolate consumers could bear brunt of recent cocoa price spike as supply woes continue
Chocolate consumers could bear brunt of recent cocoa price spike as supply woes continue
COCOA has turned out to be a sweet treat for investors this year, but companies and consumers are reeling from the price surge even as market watchers warn that...
Bank of China says net interest margin will continue to face pressure
Bank of China says net interest margin will continue to face pressure
BANK of China (BoC) said its net interest margin (NIM) – a key gauge of profitability – will still face significant pressure this year. Vice-president Zhang Yi made the remarks...