News

Shell mulls sale of European, US chemicals assets: WSJ 
[ad_1] SHELL is considering a potential sale of its chemicals assets in Europe and the United States, the Wall Street Journal reported on Sunday, citing sources familiar with the matter.The...
Energy majors hold back on renewables, focus more on fossil fuels: research report
[ad_1] The shift comes amid profit-margin concerns, headwinds in wind and hydrogen powerENERGY giants – such as BP, Shell, TotalEnergies and Equinor – are holding back on renewable energy commitments...
Euro falls to more than 2-week low after Trump, Zelensky meeting
[ad_1] THE euro dropped on Friday (Feb 28), after a meeting between Ukrainian President Volodymyr Zelensky and US President Donald Trump went up in flames, dashing hopes any peace deal...
Investors are scouring emerging markets for Trump-proof bets
[ad_1] FROM China’s artificial-intelligence successes to Dubai’s immigrant-led boom and rising prospects of debt restructuring in Venezuela and Lebanon, the winning emerging-market trades of 2025 all help investors withstand President...
Kwek vs Kwek: CDL court hearing, trading status in spotlight this week
[ad_1] A REAL-LIFE Succession feud imploded from within property giant City Developments Ltd (CDL) last week, with a father-and-son tussle throwing the Kwek family-controlled group into crisis. Explosive statements from...
Focus on corporate governance as Singapore shifts to more disclosure-based regulatory regime
[ad_1] MARKET watchers said market integrity, investor protections and minority shareholders could be affected by the Monetary Authority of Singapore’s (MAS) equities market review group’s recommendation to shift towards a...
Cordlife sinks into red with S$6.3 million H2 loss on fallout from storage lapses
[ad_1] PRIVATE cord-blood bank Cordlife has sunk into the red with a net loss of S$6.3 million for its second half ended Dec 31, 2024, compared with a net profit...
Shipping profit boom evaporates on US tariffs, Red Sea reopening
[ad_1] Global shippers from AP Moller-Maersk to Cosco Shipping Holdings, which logged windfall earnings last year, may see a reversal of fortunes in 2025 as a potential reopening of the...
China’s central bank, regulators hold symposium on support for private companies
[ad_1] CHINA’S central bank and financial regulators held a symposium with private enterprises and financial institutions, vowing to increase lending to private enterprises and expand their fundraising channels, the People’s...
CDL bypass of nominating committee may seem ‘unusual’ but current rules open to interpretation: observers
[ad_1] Court can determine if directors’ appointments are in accordance with company’s constitution THE appointment process for two of City Developments Ltd’s (CDL) directors as well as the dismantling of...
Buybacks surge as corporate earnings season nears end
[ad_1] OVER the five trading sessions from Feb 21 to Feb 27, institutions were net sellers of Singapore stocks, leading to a net institutional outflow of S$265 million, compared to...
Hospitality S-Reits focus on active portfolio management to drive growth
[ad_1] THE managers of hospitality real estate investment trusts in Singapore (S-Reits) have been actively managing their portfolios, as they carry out asset acquisitions and enhancements, as well as proactive...