News
Ireit Global’s H2 DPU stays at 0.94 euro cent
[ad_1] IREIT Global posted a distribution per unit (DPU) of 0.94 euro cent for the second half of financial year 2024 ended December, unchanged from the year-ago period.The DPU will...
GM to increase dividend by 25%, buy back another US$6 billion of shares
[ad_1] The US automaker expects EV operating losses will narrow this year by US$2 billion from undisclosed levelsGENERAL Motors said on Wednesday (Feb 26) it would increase its quarterly dividend...
3M to return US$10 billion to shareholders, reiterates sales forecast
[ad_1] 3M also reaffirmed its annual forecast of organic sales growth in the range of 2% to 3%3M Co said on Wednesday (Feb 26) it would return at least US$10...
Yangzijiang Shipbuilding H2 profit up 50.5% at 3.6 billion yuan
[ad_1] YANGZIJIANG Shipbuilding reported a net profit of 3.6 billion yuan (S$659.3 million) for the second half ended Dec 31, 2024 – 50.5 per cent higher than the 2.4 billion...
Billionaires should do more to list their businesses on SGX.
[ad_1] LAST week, there was a raft of measures unveiled to spur equities market development here.A S$5 billion equity market development programme is being launched, under which the Monetary Authority...
Singapore shares fall as company earnings disappoint; STI down 0.2%
[ad_1] On the broader market, gainers beat losers 330 to 236 after 1.5 billion securities worth S$1.7 billion changed handsSINGAPORE shares fell on Wednesday as Straits Times Index (STI) constituents...
OCBC conservative about FY2025 targets amid trade tensions, uncertainties
[ad_1] Bank’s Q4 net profit is up 4% at S$1.7 billion, while full-year earnings rise 8% to a record S$7.6 billion OCBC rode on the strength of macroeconomic tailwinds to...
China to start bank recapitalisation with at least 400 billion yuan
[ad_1] CHINA plans to start re-capitalising several of its biggest banks in coming months, according to people familiar with the matter, following through on a broad stimulus package unveiled last...
CDL CEO Sherman Kwek disappointed by father’s ‘extreme actions’ against him after suits filed
[ad_1] CITY Developments Ltd (CDL) group chief executive officer Sherman Kwek said that recent changes to the board have “never been about ousting our esteemed chairman”, responding to moves by...
CDL says Sherman Kwek remains group CEO, as board battle erupts
[ad_1] City Developments Ltd (CDL) group chief executive officer Sherman Kwek said recent changes to the board have “never been about ousting our esteemed chairman, responding to moves by his...
