Latest News & Market Updates | The Edge Singapore
Environmental, Social and Governance. Stay on top of the latest news with The Edge Singapore which brings you real-time updates on business news, market movements, and financial insights to keep you informed and ahead in the fast-paced world of finance.
Seatrium shares surge 10.7% prior to midday break, no trading …
Oct 4, 2024 · Follow us on Facebook and join our Telegram channel for the latest updates. Shares in Seatrium Limited 5E2. have surged 19 cents, or some 10.73%, to $1.96 at 11.58am, close to the Singapore Exchange S68 ’s midday trading break. Seatrium’s shares opened at $1.77 on Oct 4. The company has not called for a trading halt.
China shores up property sector, signals more spending is coming
Oct 12, 2024 · China promised new measures to support the property sector and hinted at greater government borrowing to shore up the economy, as authorities seek to put a floor under the country’s growth slowdown. Local governments will be allowed to use special bonds to buy unsold homes, Finance Minister Lan Fo’an and his deputies announced at a briefing ...
Sea returns to black in 2QFY2024, OCBC keeps ‘buy’ at raised FV …
Aug 16, 2024 · OCBC Investment Research’s Ada Lim has kept “buy” on Sea at a raised fair value estimate of US$90 ($118.81) from US$86 previously following the group’s 2QFY2024 ended June results. Lim notes that during the period, Sea’s revenue came in higher by 1.9% q-o-q and 23% y-o-y at US$3.8 billion, while total adjusted earnings before interest ...
Role of LNG, low-carbon electricity imports set to feature at SIEW …
Oct 11, 2024 · Last month, Singapore raised its low-carbon electricity import target to 6 gigawatts (GW) by 2035, up from a 4GW target set in 2021. Electricity imports are expected to meet a third of Singapore’s energy needs by 2035, and commercial operations under some import contracts could begin from 2028, said EMA on Sept 5.
Creative Technology gives notice of three years of consecutive loss
Oct 9, 2024 · Follow us on Facebook and join our Telegram channel for the latest updates. Creative Technology has given notice that it has recorded pre-tax losses for its three most recently completed financial years in a row. For FY2024 ended June, the group recorded a loss of US$10.8 million ($14.1 million), down 35% y-o-y from US$16.7 million in FY2023.
YTL plans to keep NSL listed, offer price at discount to 12-month …
Oct 11, 2024 · The offer is at 75 cents per share. The pre-conditional MGO, subject to a condition precedent, had already been announced on July 23. Although the offer price represented a premium of 10.13% to the one-month volume-weighted average price (VWAP), the offer price is a 14.34% discount to the 12-month VWAP of 87.56 cents.
McDonald’s CEO says company is preparing for ‘challenging’ 2025
Oct 11, 2024 · McDonald’s expects that the wallets of their lower-income customers will remain stretched into next year, CEO Chris Kempczinski said Thursday. “We’re starting to talk about 2025, and my message to our teams has been: ‘We need to be preparing for another challenging year,’” he said in remarks at a Boston College Chief Executives Club ...
Seeking Italian? Check out these four new restaurants in town
Oct 11, 2024 · Check out these four new restaurants in town. Samantha Chiew & Russell Marino Soh Fri, Oct 11, 2024 • 07:45 AM GMT+08 • 10 min read. Locanda is among the new Italian eateries that have opened in Singapore recently (Picture: Locanda) Follow us on Facebook and join our Telegram channel for the latest updates.
REITs Powering Singapore's Growth | REITs Investment Forum
Sep 11, 2024 · REITs Powering Singapore's Growth | REITs Investment Forum. 4,568 views • Premiered September 11, 2024. Follow us on Youtube. Discover the key criteria to consider when evaluating a REIT. Also, take the opportunity to hear the CEO's views on ESR-Logos REIT and Lendlease Commercial REIT.