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Gold expected to scale new heights
Gold price recorded a new all-time high on May 20, 2024, trading above the previous high of US$2,431 an ounce recorded in mid-April this year. The precious metal broke...
Jardine Matheson Q1 performance similar y-o-y; lower full-year profit expected
JARDINE Matheson Holdings on Thursday (May 23) reported that the performance of its businesses in the first quarter of 2024 was similar with that in the year-ago period.However, the...
Singtel sinks to S$1.3 billion H2 loss on Optus-led impairments; stronger sustained dividends expected
SINGTEL : Z74 0% sank into the red with a net loss of S$1.3 billion for its second half ended Mar 31, 2024, compared with a net profit of...
Genting Singapore expected to stand firm amid regional casino competition
PLANS are afoot for new casinos to open in South-east Asia, but analysts say Singapore-listed casino and integrated resort (IR) operator Genting Singapore is unlikely to be badly hit...
S-Reit DPUs remain weak in Q1 but sector expected to ride out interest rate woes
REAL estate investment trusts (S-Reits), including property trusts, logged a sluggish performance in the first quarter of 2024 as sector headwinds of high interest rates and a strong Singapore...
China expected to stand pat on lending rates in May
China is widely expected to hold benchmark lending rates steady on Monday (May 20), a Reuters survey showed, although expectations are growing for a cut in the mortgage reference...