VIRUS OUTBREAK

WITH the Covid-19 outbreak hobbling travel demand, Singapore Airlines (SIA) will be cutting salaries of senior management by 10 to 15 per cent starting March 1, and offering a voluntary no-pay...

WING Tai Retail has retrenched 20 employees, following a review of its business operations which began late last year.

ASIA stocks plunged on Friday with the MSCI Asia-Pacific Index notching seven straight sessions of losses after sellers pummelled Wall Street the night before.

LENDERS including ING Bank NV have accused a Singapore commodities firm of fraud after it defaulted on debt and left the financiers facing potential losses of hundreds of millions of dollars in...

HIGHER net interest expenses and depreciation from new hospital projects hurt mainboard-listed IHH Healthcare's fourth quarter underlying profit, but new chief executive and managing director...

HIGHER fair value and other gains boosted UOL's net profit by 14 per cent to S$478.8 million for the full year ended Dec 31, 2019, while revenue declined 5 per cent to S$2.28 billion.

FAIR value gains on investment properties totalling S$243.7 million sent Ho Bee Land's net profit soaring for the fourth quarter ended Dec 31, 2019.

CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) is buying a light industrial/logistics asset in Germany for 16.6 million euros (S$25.4 million). The acquisition will take its...

DESPITE higher revenue and net property income (NPI), EC World Real Estate Investment Trust (EC World Reit) posted a 3.8 per cent drop in distribution per unit (DPU) to 1.51 Singapore cents for...

BANYAN Tree Holdings' net profit more than doubled to S$12.8 million for the fourth quarter ended Dec 31, from S$5.6 million in the previous corresponding period.

BREAKING NEWS

Feb 29, 2020 02:39 PM

Sterling tumbles to 2020 lows as investors dash for safety

[LONDON] The pound dropped sharply on Friday, losing nearly 1 per cent against the euro and the dollar as worries...

Feb 29, 2020 02:31 PM

Fifa chief Infantino accepts games are at risk due to coronavirus

[BELFAST] Fifa president Gianni Infantino has said March's international soccer matches could be threatened by the...

Feb 29, 2020 02:06 PM

Arsenal loss shows cost of Champions League absence

[LONDON] The cost of life outside the Champions League was made clear when Arsenal published accounts showing the...

Feb 29, 2020 01:47 PM

Activist investor wants to oust Twitter chief Dorsey: media

[SAN FRANCISCO] An activist investor known as a major Republican political supporter wants to wrest control of...

Feb 29, 2020 12:27 PM

Rock band Green Day among musicians pulling out of Asia tour dates

[NEW YORK] US rock band Green Day on Friday called off all of the Asian shows in its upcoming world tour because of...