News

Bordeaux wine harvest drops to lowest level since 1991
[ad_1] Cold weather, disease and capacity cuts pushed wine production in France’s Bordeaux region last year to a low not seen in three-and-a-half decades, the local industry body said on...
SIA Engineering Q3 net profit up 19.7% to S$38.2 million
[ad_1] SIA Engineering (SIAEC) reported that its net profit for the third quarter ended Dec 31, 2024, increased 42 per cent to S$38.2 million, compared with the same period in...
Paragon Reit appoints PrimePartners as IFA for privatisation offer
[ad_1] PARAGON Real Estate Investment Trust (Reit) has appointed PrimePartners Corporate Finance as the independent financial adviser (IFA) for its privatisation offer, said the board via a bourse filing on...
Fu Yu warns of loss for FY2024 on non-cash impairments of S$4 million 
[ad_1] Excluding these, the group expects to post an operating profit and an improvement in financial performance for the fiscal yearMAINBOARD-LISTED plastic parts manufacturer Fu Yu warned on Friday (Feb...
Singapore shares buck regional trend; STI slides 0.1%
[ad_1] SINGAPORE shares ended in the red on Friday (Feb 14), after hitting a record high earlier in the week.The benchmark Straits Times Index (STI) fell 0.1 per cent or...
SGX falls 6% as initial MAS review group proposals dampen earlier optimism; Citi downgrades to ‘sell’
[ad_1] The counter could potentially give up much of its gains since unveiling its first-half resultsCITI Research downgraded its call on the Singapore Exchange (SGX) to “sell” on Friday (Feb...
Geopolitical concerns add to woes for pre-IPO activity, M&As for Chinese companies
[ad_1] GROWING geopolitical concerns from the trade tensions between the US and China are compounding an already-cautious outlook among investors on pre-listing activities and mergers and acquisitions (M&A) involving Chinese...
Maybank upgrades Singtel’s AIS to buy, raises price target on further profit growth expectations
[ad_1] Maybank Securities upgraded Singtel’s Thai associate Advanced Info Service (AIS) to “buy” from “hold”, due to a strong outlook and healthy yields. Its optimism is on the back of...
Yahoo News signs up influencers with promise of shared advertising sales
[ad_1] YAHOO has signed up nearly 100 YouTube, TikTok and Instagram creators to draw traffic to its website, recognition that millions of people rely on social media influencers to stay informed.The online...
Stocks to watch: Thai Beverage, Civmec, Singapore Exchange, iFast
[ad_1] THE following companies saw new developments that may affect trading of their securities on Friday (Feb 14):  Thai Beverage (ThaiBev): The food and drink company’s revenue grew 2.4 per...
Arm recruits from customers as it plans to sell its own chips
[ad_1] ARM has begun recruiting from its own customers and competing against them for deals as it pushes toward selling its own chips, according to people familiar with the matter...
Cathay Cineplexes’ rental arrears unlikely to impact FCT’s bottom line
[ad_1] DELAYED rental payments by cinema operator Cathay Cineplexes to its landlord Frasers Centrepoint Trust (FCT) will not significantly impact the trust’s bottom line. Nevertheless, this could indicate a “structural...