Companies & Markets
Wall St opens lower as Mideast de-escalation uncertainty weighs
[NEW YORK] Wall Street’s main indexes opened lower open on Thursday (Mar 26) following gains in the previous session, as caution prevailed about developments in the Middle East while weighing the pros...
Guocoland’s Malaysian unit to table proposed privatisation to disinterested shareholders at EGM
The RM1.10 offer price is a 17.7% premium to its last-traded share price of RM0.935 on Jan 30
Cnooc’s profit drops as low oil prices counter output growth
Net income came in at 122.1 billion yuan, down from 137.9 billion yuan a year earlier
Keppel, Simba Telecom agree to extend long-stop date for proposed M1 deal
IMDA’s regulatory review remains under way
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National Australia Bank to cut 170 jobs amid offshore expansion
The lender adds it will continue hiring and developing staff locally, particularly in customer-facing roles
Concord New Energy reports 82.6% decline in FY2025 earnings to 139.7 million yuan
These are its first results since its secondary listing on the SGX on Jan 6
Singapore’s general insurance premiums hit record high of S$6.09 billion
Net incurred claims for the domestic segment are up 8.7% year on year at S$1.8 billion
Shangri-La Asia posts 30.4% drop in full-year earnings to US$112.3 million
The board recommends a final dividend of HK$0.10 a share for FY2025
What Singapore needs is not more Reits, but bigger ones: ARA co-founder John Lim
The local market must move towards consolidation and aggressive global expansion, says the industry veteran
South Korea to carry out bond buyback, expand fuel tax breaks to cushion blow from Iran conflict
The bond buyback will be conducted in two tranches, 2.5 trillion won on March 27 and another 2.5 trillion won on April 1