Companies & Markets
Jumbo H1 profit falls 22.3% to S$6.2m on higher operating costs; revenue up 7.9%
An interim dividend of S$0.005 per share was declared for the half-year
Riverstone Q1 profit falls 27.1% to RM41.1 million on a stronger ringgit
Revenue for the first quarter is down 15.1% at RM214.3 million despite steady sales volumes
Saudi Aramco’s Q1 profit up 26% after Iran war-driven oil price rise
A key pipeline that connects its oil fields in the east to Yanbu port ‘has proven itself to be a critical supply artery’
AI drives markets as valuations race ahead of earnings
Is this a legitimate re-rating of the technology sector, or an overstretched bubble?
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Iran war is draining world’s oil buffer at an unprecedented pace
THE WORLD has burned through oil inventories at a record speed as the Iran war throttles flows from the Persian Gulf, eating into the very buffer that protects against supply shocks.
Buybacks, director transactions and stake realignments
[SINGAPORE] Over the four sessions through to the May 7 close, 16 primary-listed companies conducted buybacks with a total consideration of S$16.1 million. At the same time, more than 90 director inte...
S-Reit acquisitions pick up with improved financing
[SINGAPORE] Acquisition activity among Singapore Reits (S-Reits) has picked up this year, signalling a measured return to growth as financing conditions stabilise.
Love Bonito eyes Middle East’s long-term prospects as losses trim
Driving its reduced losses in 2024 were measures to make operations more efficient
Europe: Shares slide as Middle East tensions flare
The pan-European Stoxx 600 closes 0.7% lower at 612.14 points
Oil ticks higher as Gulf clashes threaten to derail ceasefire
Brent crude up 1.2% to settle around US$101 a barrel, but still notches a weekly drop of about 6%