Losses
Sabana Reit’s former tenant enters liquidation; Reit manager to mitigate losses
The premises have been renamed to 33, 33A and 35 Penjuru Lane to facilitate multiple tenantsTHE former master tenant of Sabana Industrial Real Estate Investment Trust’s (Reit) premises at...
Losses from crypto scams grew 45% in 2023, FBI says
LOSSES from cryptocurrency-related frauds and scams increased 45 per cent in 2023 from 2022, totalling more than US$5.6 billion, as scammers increasingly took advantage of the speed and irreversibility...
Oil prices edge up as storm nears US Gulf Coast after week of heavy losses
OIL prices rose about 1 per cent on Monday on concerns that a hurricane forecast to hit Louisiana on Wednesday will disrupt production and refining along the US Gulf Coast.Brent...
Historical benchmark should be used to calculate losses owed by True Group’s ex-CEO: High Court
THE losses that former True Group chief executive officer Patrick Wee owes to the fitness chain should be calculated with reference to past performance and not internal budgets, Singapore’s...
Oil extends losses on prospect of higher Opec+ supply
OIL prices extended losses on Monday (Sep 2) with investors weighing higher Opec+ production from October against a sharp drop in output from Libya amid sluggish demand in China...
China’s top airlines post losses, hit by slow international travel and domestic oversupply
CHINA’S leading state-owned airlines posted losses in the first half of the year, weighed down by a slower-than-expected international travel rebound, domestic oversupply and more intense competition as aviation...
Oil prices fall 1% after US crude stocks draw; Libya supply risks limit losses
OIL prices settled 1 per cent lower on Wednesday after a smaller-than-expected draw in US crude stockpiles and as concerns over Chinese demand persisted, though losses were capped by supply...
Xiaomi will swallow EV losses to join Tesla in the big leagues
XIAOMI is willing to grow its nascent electric vehicle (EV) arm at the expense of profits for now, as it angles to join Tesla and BYD among the world’s...
SGX-listed agri-commodity players post resilient earnings despite dent from forex losses and higher rates
SINGAPORE-LISTED companies in the volatile agri-commodity sector have posted resilient first-half results this year despite foreign exchange losses from weaker regional currencies and elevated interest rates. Meanwhile, analysts expect...