News

Sony to offer PlayStation Plus users five-day extension after global outage
February 9, 2025
SONY said on Sunday (Feb 9) that all PlayStation Plus members would automatically receive an additional five days of service, after a global outage disrupted the PlayStation Network (PSN)...
Zheneng Jinjiang Environment guides for ‘significant increase’ in comprehensive income for H2
February 9, 2025
Anticipated rise attributed mainly to the absence of significant impairment losses that were recorded as at Dec 31, 2023 WASTE treatment group Zheneng Jinjiang Environment on Saturday (Feb 8)...
Directors raise interests in S-Reit & property trust sector
February 9, 2025
OVER the five trading sessions from Jan 31 to Feb 6, institutions were net sellers of Singapore stocks, leading to net institutional outflow of S$169 million. This brings the...
Occupancy remains high for S-Reits’ Singapore retail assets
February 9, 2025
REAL estate investment trusts with retail assets in Singapore (S-Reits) continued to post strong committed occupancy and positive rental reversions in their latest reporting period ended December.The robust operating...
Airbus and Boeing eye India’s ‘soaring skies’
February 9, 2025
Air traffic is booming in India, even though only a tiny fraction of its people fly each year, and manufacturers are seeking lucrative deals at the flagship Aero India...
Bitcoin lags behind gold as Trump’s trade war spurs safe haven demand
February 8, 2025
After outperforming most asset classes in 2024, Bitcoin now finds itself under pressure as Donald Trump’s White House return and heightened geopolitical instability spark a rush for safe haven...
US: Wall Street slides, Treasury yields rise on mixed data, renewed tariff threats
February 7, 2025
Wall Street ended sharply lower and benchmark Treasury yields jumped on Friday (Feb 7) in the wake of a mixed US payrolls report, weak consumer sentiment data and revived...
Porsche warns pullback from EVs will drag on profit this year
February 7, 2025
Challenges with making the jump to EVs has cost the company dearly in China, where deliveries have droppedPORSCHE will take an 800 million euros (S$1.1 billion) hit linked to...
US: Wall St muted at open after jobs data
February 7, 2025
WALL Street’s main indexes opened flat on Friday (Feb 7), as investors expected the Federal Reserve to take a more cautious stance on interest rates after the latest batch...
Thai billionaire Charoen to retire as Frasers Property chairman; other board changes announced
February 7, 2025
FRASERS Property announced on Friday (Feb 7) evening that its board chairman, Thai billionaire Charoen Sirivadhanabhakdi, will retire from office on Feb 8, 2025.He will be succeeded by Chumpol...
Creative H1 loss widens to S$6.1 million on higher expenses
February 7, 2025
Uncertainty over import tariffs by the US and potential retaliatory measures from affected countries may affect consumer demand, says the group on its outlookHOME-GROWN electronics company Creative Technology saw...
NoonTalk Media’s half-year loss narrows to S$0.9 million
February 7, 2025
ENTERTAINMENT company NoonTalk Media’s net loss for the six months ended Dec 31, 2024, was down to S$0.9 million from the S$1.3 million loss in the previous corresponding period.That...