Red
Gallant Venture sinks into the red on higher finance costs, loss from associated companies
INDUSTRIAL parks and resorts developer Gallant Venture posted on Monday (Feb 26) a net loss of S$16 million for the six months ended Dec 31, 2023, reversing a net...
Local shares end Monday in the red amid profit-taking; STI down 0.4%
SINGAPORE stocks ended the first trading day of the week lower amid cautious investor sentiment and profit-taking across the market. The benchmark Straits Times Index (STI) lost 0.4 per...
Most UK exporters hit by Red Sea disruption, survey shows
MOST British exporters and manufacturers have felt an impact from disruption in the Red Sea caused by attacks on shipping by Yemen’s Iran-aligned Houthi rebels, according to a survey....
Shipping insurance rates soar on Red Sea missile attacks
ATTACKS by Yemen’s Huthi rebels on commercial ships in the Red Sea have sent insurance premiums surging, exacerbating costs already stretched by soaring freight rates and longer alternative trade...
Former YuuZoo CEO charged; Interpol Red Notice issued for ex-chairman Zilliacus
THE former chief executive of suspended YuuZoo Corporation, James Matthew Somasundram, was charged on Wednesday (Feb 21) over alleged misleading financial reports released by the company. Meanwhile, Thomas Zilliacus,...
CMA CGM says ship transited Red Sea under French naval escort
FRENCH shipping and transport company CMA CGM said on Tuesday (Feb 20) that its Jules Verne container ship transited the Red Sea under French naval escort, after suspending crossings...
Louboutin’s famous red sole heels tread winding path to trademark protection in China
ABOUT three decades ago, renowned French footwear designer Christian Louboutin drew inspiration from his assistant’s red nail polish to create the iconic red soled high heels that would eventually...
Sri Trang Agro-Industry sinks into red with Q4 loss of 422 million baht
RUBBER group Sri Trang Agro-Industry swung to a net loss of 422 million baht (S$15.8 million) for its fourth quarter ended Dec 31, 2023, from a net profit of...
