Losses

Seatrium, Global Invacom note 3 straight years of losses
Seatrium, Global Invacom note 3 straight years of losses
BOTH Seatrium and satellite communications equipment provider Global Invacom on Tuesday (Apr 9) filed notices of three consecutive years of losses based on audited full-year consolidated accounts. Seatrium highlighted...
Seatrium, Global Invacom note 3 straight years of losses
Seatrium, GSH and Global Invacom report 3 straight years of losses
A TRIO of mainboard-listed companies – Seatrium, property developer GSH Corporation and satellite-communications equipment provider Global Invacom – on Tuesday (Apr 9) filed notices of three consecutive years of...
Fed’s operating losses swelled to record US4.3 billion in 2023
Fed’s operating losses swelled to record US$114.3 billion in 2023
THE Federal Reserve’s expenses exceeded its earnings in 2023 by US$114.3 billion, its largest operating loss ever, forcing the US central bank to forgo remittances to the Treasury as...
France’s Atos seeks debt restructuring plan by July after record losses
France’s Atos seeks debt restructuring plan by July after record losses
FRENCH IT consulting firm Atos is aiming to restructure its debt by July, the group said on Tuesday (Mar 26), after posting record annual losses as uncertainty looms of...
France’s Atos seeks debt restructuring plan by July after record losses
France’s Atos opens debt restructuring talks after posting record losses
ATOS, the crisis-hit French IT consulting firm whose shares plummeted over the last two years, said it was aiming to restructure its heavy pile of debt by July, paving...
US: Wall St slips at open, Boeing rally caps losses on Dow
US: Wall St slips at open, Boeing rally caps losses on Dow
WALL Street’s main indexes kicked off the holiday-shortened week lower on Monday (Mar 25), as investors looked ahead to commentary from US Federal Reserve officials and key inflation data,...
Keong Hong files notice of three straight years of losses
Keong Hong files notice of three straight years of losses
KEONG Hong has given notice that it recorded pre-tax losses for the three most recently completed consecutive financial years, based on audited full-year consolidated accounts. Based on a Wednesday...
Simba focuses on customer experience, expansion into fibre broadband to further narrow losses
Simba focuses on customer experience, expansion into fibre broadband to further narrow losses
AS THE fourth local telco with just shy of 900,000 subscribers as at end-November 2023, Simba Telecom, formerly known as TPG Singapore, has made its mark on the industry.Since...
Hong Kong stocks end with big losses
Hong Kong stocks end with big losses
HONG KONG stocks tumbled on Thursday (Mar 7) as traders brushed off data showed a stronger-than-expected jump in Chinese exports, with eyes on the upcoming release of US jobs...
Europe: Shares slip after China reforms underwhelm; tech leads losses
Europe: Shares slip after China reforms underwhelm; tech leads losses
EUROPE’S main index dipped on Tuesday (Mar 5), as mining shares weakened with metal prices on a lack of substantial stimulus from top consumer China, while investors awaited this...