Flags
RHB cuts IReit target to S$0.34; flags potential privatisation on further unit price declines
RHB Research has lowered its target price on IReit Global to S$0.34 from S$0.40 previously, as it expects the real estate investment trust’s (Reit) near-term distribution per unit (DPU)...
Gold at one-month low after US Fed flags slower rate cut pace next year
GOLD prices languished near a one-month low on Thursday (Dec 19) after the US Federal Reserve indicated it would slow the pace of its monetary policy easing cycle next...
RBNZ flags another big cut after second half-point move
NEW Zealand’s central bank chief suggested a further large cut in interest rates would be delivered early next year if the economy evolves as expected, after easing policy by...
Siemens flags tough times ahead after Q4 profit beat
SIEMENS flagged mounting geopolitical risks like trade conflicts and weak consumer demand in the year ahead after posting fourth quarter earnings slightly ahead of forecasts.
The company, whose products range...
Chevron flags possible job cuts in US$3 billion cost plan
CHEVRON indicated potential US job cuts as part of a new cost-cutting plan.The US$3 billion in targeted “structural” cost savings will come from asset sales, the use of new...
Porsche flags cost cuts as China weakness, slowing electric-vehicle shift hits profits
Luxury sportscar maker Porsche on Friday (Oct 25) warned it may cut costs after a slower-than-expected transition towards electric vehicles and persisting weakness in the Chinese market caused nine-month...
British Tourist Dies After Being Sucked into Whirlpool Despite Red Flags Warning Visitors to Stay Out of the Water
A British tourist has died after he went for a swim off the coast of Thailand despite several warnings asking people to avoid swimming.The 43-year-old businessman, whose identity has...
China central bank chief flags more interest rate cuts
CHINA’S central bank governor said on Friday (Oct 18) the reserve requirement ratio for commercial lenders could be cut further by 25 to 50 basis points by the year-end...
