Oversea-Chinese Banking Corp reported a 43% fall in first-quarter net profit, worse than market estimates, as Singapore's second-largest lender set aside higher credit allowances to cover the impact ... ( read original story ...)
Asia stocks little changed as data shows China’s exports unexpectedly rose in April
China also reported Thursday that its dollar-denominated exports rose but imports fell in April as movement restrictions to curb the coronavirus outbreak were eased. Stocks in Asia Pacific were little ... ( read original story ...)
Singapore stock watch: SIA, OCBC, SingPost, StarHub, DBS, NetLink, Biolidics
THE following companies saw new developments that may affect trading of their securities on Friday:. Read more at straitstimes.com. ( read original story ...)
HSBC seeks to place Singapore oil trader ZenRock under judicial management: Sources
HSBC Holdings has filed an application to the Singapore High Court to place ZenRock Commodities Trading under judicial management, three people familiar with the matter said on Wednesday (May 6).. ( read original story ...)
Singapore Expats Ask for Rent Cuts as Employers Tighten Belts
Singapore expats are often envied for their generous pay packets but facing the prospect of salary cuts as the coronavirus batters businesses, some are tightening their belts and asking for lower rent ... ( read original story ...)
Uber Loses $2.9 Billion, Offloads Bike and Scooter Business
Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic. ( read original story ...)
Redtea Mobile Supports the Implementation of Integrated nuSIM for IoT
The joint solution that for the first time fully integrates SIM functionality on a Qualcomm chipset has been developed in accordance with Deutsche Telekom's open nuSIM specification. It consists of a ... ( read original story ...)
Charles Li moves on in surprise announcement to step down in 18 months as chief executive of Hong Kong’s stock exchange
Charles Li, one of the longest-serving chief executives of a global financial marketplace, has thrown in the towel after more than a decade as head of the Hong Kong stock exchange (HKEX), in a ... ( read original story ...)
Singapore Press Holdings: Not As Bad As Feared
There were initial fears that SPH's business operations and financial results will be badly hit by the coronavirus pandemic, but things have turned to be better ... ( read original story ...)
Singapore Oil Trader Involved in ‘Dishonest’ Deals, HSBC Says
HSBC Holdings Plc alleged Singapore oil trader ZenRock Commodities Trading Pte Ltd. was involved in a series of “highly dishonest transactions” that included the company using the same cargo of oil to ... ( read original story ...)
Man Climbs “Everest” in Singapore without Air Conditioning for Charity
Man Climbs "Everest" in Singapore without Air Conditioning for CharityPR NewswireSINGAPORE, May 7, 2020SINGAPORE, May 7, 2020 /PRNewswire/ -- $29,030 (elevation of Mt. Everest) has been raised for ... ( read original story ...)
Center in Singapore Expanding Access to Radiation Therapy Technology in the Fight Against Cancer
Two Varian VitalBeam ™ medical linear accelerators, together with an Edge ™ radiosurgery system with HyperArc ™ technology, will be installed at NCIS, thereby expanding radiation therapy treatment ... ( read original story ...)
BRIEF-Varian Medical Systems Center In Singapore Expanding Access To Radiation Therapy Technology
VARIAN MEDICAL SYSTEMS INC - CENTER IN SINGAPORE EXPANDING ACCESS TO RADIATION THERAPY TECHNOLOGY Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)
Why Technology Companies are Investing in Singapore
According to a report by Singapore’s Economic Development Board (EDB), 80% of the world’s top 100 tech firms have a regional headquarter in Singapore. Even tech giants such as Google, Amazon and ... ( read original story ...)
Why You Should Like Singapore Shipping Corporation Limited’s (SGX:S19) ROCE
Today we'll look at Singapore Shipping Corporation Limited (SGX:S19) and reflect on its potential as an investment. Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the ... ( read original story ...)
Here’s How P/E Ratios Can Help Us Understand Singapore Press Holdings Limited (SGX:T39)
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll apply ... ( read original story ...)