Fashion
Singapore stocks end up on Friday as regional indices gain ground; STI expands 0.1%
SINGAPORE equities finished higher on Friday (Feb 21) amid regional gains and a flurry of earnings reports. The benchmark Straits Times Index added 0.1 per cent or 2.43 points...
Trust Bank hits one million customers, launches investment products
SINGAPORE digital bank Trust Bank has hit the one-million-customer milestone, making up about 20 per cent of the adult population in the city-state. It crossed the milestone in February,...
EDB managing director Jacqueline Poh named JTC’s new CEO
THE Ministry of Trade and Industry (MTI) on Friday (Feb 21) announced that JTC Corporation will appoint a new chief executive officer. Jacqueline Poh, managing director at Singapore’s Economic...
StanChart CEO Winters’ 2024 pay jumps 46% on-year
The surge in total remuneration comes mainly from a nearly 78% increase in the long-term incentive awardSTANDARD Chartered chief executive officer Bill Winters’ total salary for 2024 came up...
Malaysia Starbucks franchise holder triples loss on boycotts
BERJAYA Food’s hundreds of Starbucks’ subsidiary outlets across Malaysia contributed to the company’s fifth straight quarterly loss after boycotts of US fast food brands over America’s support of Israel’s...
Jefferies hires two senior traders from CLSA in Asia push
JEFFERIES Financial Group hired two senior traders from CLSA, building out in Asia-Pacific after its revenue in the region jumped last year, a source familiar with the matter said....
StanChart to return US$1.5 billion more as Q4 earnings beat estimates
STANDARD Chartered said it would hand back US$1.5 billion more to shareholders as it reported fourth-quarter earnings that beat estimates, boosted by a strong performance in its trading and...
IMF calls for Thai rate cut to support inflation, ease debt load
A FURTHER reduction in Thailand’s policy interest rate will help shore up low inflation and ease the burden for local borrowers, according to the International Monetary Fund (IMF). The...
Rex International falls 19.5% to S$0.173 on heavy trading after profit warning
SHARES of oil exploration and production company Rex International fell on Friday (Feb 21) morning on heavy trading after the company said it was expecting to post a net...
PBOC injects most short-term funds this month amid cash crunch
The PBOC has been tolerating a surge in repo rates and kept liquidity conditions tight, aiming to support the yuan amid economic headwindsCHINA’S central bank increased injection of short-term...
