News
Daily Briefing: Noble group swings to $1.67b loss; UOL reports 43% profit drop
Daily Briefing: Noble group swings to $1.67b loss; UOL reports 43% profit drop
And are universities overcharging its students?
SGX mulls setting aside 10% of Mainboard IPO shares for retail investors
Up to a maximum of $100m.
Can First Resources survive the 2016 El Niño?
Management guided for weak FFB output.
Average household income up 4.9% in 2015 as wages rise
Low-income households experienced the fastest growth.
Will ComfortDelGro’s profits get hammered by the weak British pound?
UK operations account for almost 20% of bottomline.
Factory output shrinks 0.5% in January, marking longest slump in almost four decades
This is the 12th straight month of contraction.
Changi Airport passenger traffic jumped 10% in January
Travel to all top markets increased.
Zurich Life Insurance debunks report of potential Singapore exit
It won’t divest its Asian business.
Jardine C&C’s net profit drops 16% to US$688m in FY15
Blame slow sales, forex woes.
ST Engineering’s FY15 profits dip 0.5% to $529m
Blame it on weak performance from its marine sector.
IHH Healthcare’s net profit jumps 17% to $273m in FY15
Thanks to robust performances in all its divisions.
Singapore rolls out $556m overhaul of outdated electronic road pricing system
The new system will be implemented in 2020.
MAS tweaks code on take-overs and mergers
It will provide more certainty in cases of competing offers.
Noble Group sinks into the red with US$1.6b loss in FY15
Extremely low coal prices are to blame.
SGX in preliminary talks to acquire London-based Baltic Exchange
It has submitted a non-binding bid for the company.
Chart of the Day: Property investment sales feared to slow as demand wanes
But bargains will arise as prices drop.
Daily Markets Briefing: STI down 0.63%
Expect some profit-taking today.
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