Entrepreneurship
Directors raise interests in S-Reit and property trust sector
OVER the five trading sessions from Jan 31 to Feb 6, institutions were net sellers of Singapore stocks, leading to net institutional outflow of S$169 million. This brings the...
Hedge funds boost bearish oil bets as trade war threatens demand
Hedge funds increased bearish bets against oil by the most in three months on the prospect that duelling tariffs between the US and China would reduce energy demand.Money managers...
Boeing warns moon rocket programme employees of layoffs
Boeing warned on Saturday (Feb 8) of layoffs in its Space Launch System moon rocket programme, saying it expects to have about 400 fewer positions in line with revisions...
Oil prices set for third straight weekly fall on tariff concerns
Oil prices finished with daily gains on Friday (Feb 7) after new sanctions were imposed on Iran’s crude exports, but prices were down for the week as investors worried...
China starts pilot project allowing insurance funds to invest in gold
CHINA, the world’s biggest bullion consumer, will allow some of its insurance funds to buy gold for medium- and long-term asset allocations as part of a pilot project, the...
Creative H1 loss widens to US$6.1 million on higher expenses
Uncertainty over import tariffs by the US and potential retaliatory measures from affected countries may affect consumer demand, says the group on its outlookHOME-GROWN electronics company Creative Technology saw...
Frasers Property registers S$1 billion in pre-sold revenue as at end-2024; net gearing up to 86.4%
FRASERS Property registered S$1 billion in pre-sold revenue across Singapore, Australia, Thailand and China, as at Dec 31, 2024, its business update on Friday (Feb 7) indicated.Net gearing stood...
Kia contests US$14 million India tax demand for wrongly using trade treaty exemptions
Tax investigations in India can drag on for years and are often a sore point for foreign companiesKIA on Friday (Feb 7) said it is contesting an Indian tax...
Vietnam sets ambitious nuclear power goals to help fuel growth
VIETNAM formally approved a nuclear power development plan with the aim of having a reactor online in the next decade, an ambitious strategy to lift energy security and meet...
Xiaomi hits new high on China’s subsidy programme boost
XIAOMI’S shares surged to a fresh record in Hong Kong on Friday (Feb 7), as new product launches and benefits from China’s nationwide subsidy programme burnished the company’s sales...
