News
United Envirotech’s net profit crashed 84% to $3.7m in Q1
Profit fell short on back of weak engineering revenue.
GLP suddenly slashes China development targets due to leasing market weakness
Targets have been pushed back by almost a year.
Delinquent oil and gas portfolio threatens OCBC’s sturdy loan book
Two loans worth $150m went bad in Q2.
Jardine Matheson's net profit tumbled 13% to $973.4m in H1
Blame it on Astra's reduced rupiah earnings.
M1 attempts to lure data-heavy customers with new mySIM
Subscribers may keep their phones longer than usual.
Maintenance costs drag SMRT profits by 10% to $20.1m
More expenses are expected to come their way.
Dairy Farm’s net profit slumped 14% to $265m in H1
Weak ASEAN markets are to blame.
Ascott leads consortium to inject over $121m into China's Airbnb
CapitaLand has also formed a new tech council.
COSCO descends into the red with $4.8m loss in Q2
Due to losses in shipyard and shipping operations.
Noble Group quashes insolvency rumours, says in touch with potential investors
It will release results earlier to address accusations.
Chart of the Day: Bungalow prices unscathed by stringent property cooling measures
Average prices rose in H1.
Daily Briefing: HSR a tenuous tale of transport and trust; Leedon Residence posts strong sales after TOP
And marketing lessons from durians.
Daily Markets Briefing: STI down 1.5%
Expect a slight rebound today.
The inside story on how loss-making NOL finally managed to book a profit in Q2
It gained massive cost savings from an unexpected source.
SembMarine struggles to stay afloat as cash-strapped customers defer rig orders
At least $2b of rig deliveries will be delayed.
Overall bank lending jumped to 5-month high in June
Loans reached $606.8b last month.
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