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Posted onAugust 14, 2022

Saudi Aramco Q2 profit soars to record $66b on high oil prices, production

RIYADH (BLOOMBERG, REUTERS) – Saudi Aramco has posted the biggest quarterly adjusted profit of any listed company globally, driven by high crude prices and production. Aramco…

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Posted onAugust 14, 2022

Apps turning restaurant leftovers into cheap meals take off in Asia

SINGAPORE (BLOOMBERG) – With a tantalising array of satay chicken, wok-fried mud crab and chilled tiger prawns, the dinner buffet at Singapore’s Grand Hyatt hotel…

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Posted onAugust 14, 2022

UOL first-half profit quadruples to $371m on fair-value gains, higher revenue

SINGAPORE (THE BUSINESS TIMES) – Property and hospitality group UOL Group on Friday (Aug 12) posted earnings of $371 million for the first half-year ended…

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Posted onAugust 14, 2022

Genting S’pore posts 4.3% drop in first-half profit to $84.4m despite revenue rise

SINGAPORE (THE BUSINESS TIMES) – Casino and resort operator Genting Singapore reported a 4.3 per cent fall in net profit for the first half of…

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Posted onAugust 14, 2022

Boosting income streams for your golden years

With rising inflation today reducing the real rate of return of bank savings, growing your retirement nest egg is a challenge, but there are still…

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Posted onAugust 14, 2022

Structuring a retirement portfolio with a mix of investments

Financial advisers recommend that CPF Life form the base for anyone embarking on retirement planning as payouts are for life. Building on that, relatively safer…

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Posted onAugust 14, 2022

Young and Savvy: Going green in investing

SINGAPORE – A few years ago, a friend shot me a dirty look when I went to get a plastic straw for my ice lemon…

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Posted onAugust 14, 2022

7 tips to make your finances more resilient

With inflation hitting record highs, coupled with ballooning expenses and sluggish income growth, consumers are caught in a bind, but all is not lost. We…

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Posted onAugust 14, 2022

Me & My Money: Planning for rainy days ensures peace of mind when investing

When it comes to putting your pot of gold to work, financial services executive Pearlyn Phau believes it is vital to direct some funds into…

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Posted onAugust 14, 2022

Unicorns no longer an easy ride for Silicon Valley kings

(NYTIMES) – The young kings of Silicon Valley are dismounting their unicorns. They are writing sentimental blog posts that outline their legacies. They are expressing…

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Posted onAugust 14, 2022

High inflation isn’t going away soon. How can you better protect your money?

Singapore’s core inflation reached 4.4 per cent in June – the highest it’s been since the global financial crisis in 2008. Core inflation excludes accommodation…

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Posted onAugust 13, 2022

US stocks post weekly gains after better inflation data

NEW YORK (AFP) – Wall Street stocks concluded a positive week on a winning note, rising on Friday (Aug 12) on improving investor sentiment following…

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Posted onAugust 13, 2022

Five Chinese state-owned companies to delist from NYSE amid US tensions

SHANGHAI/HONG KONG (REUTERS) – Five Chinese state-owned companies, including oil giant Sinopec and China Life Insurance, said on Friday (Aug 12) they would delist from…

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Posted onAugust 13, 2022

Russia economy shrinks 4% as sanctions bite

MOSCOW (AFP) – Russia’s economy contracted by 4 per cent year-on-year in the second quarter, the national statistics agency said on Friday (Aug 12), as…

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Posted onAugust 12, 2022

Retail investors’ muted response to S’pore’s 1st sovereign green bond expected given long tenor: Analysts

SINGAPORE – The muted response from retail investors to Singapore’s inaugural sovereign green bond was expected given the product’s 50-year tenor, analysts said. The lengthy…

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Posted onAugust 12, 2022

Chinese crypto mogul seeks to sell Huobi stake at $4.1 billion value

HONG KONG (BLOOMBERG) – Huobi Group founder Leon Li is in talks with a clutch of investors to sell his majority stake in the crypto…

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Posted onAugust 12, 2022

UK economy closes in on recession as it shrinks in second quarter

LONDON (REUTERS) – Britain’s economy contracted by less than feared in June, when public holidays had been expected to exert a big drag, although sectors…

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Posted onAugust 12, 2022

Apple expects to sustain iPhone sales in 2022 as global market slows

TAIPEI (BLOOMBERG) – Apple has asked suppliers to build at least as many of its next-generation iPhones this year as in 2021, counting on an…

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Posted onAugust 12, 2022

Malaysia’s economy jumps 8.9% in Q2 but slower growth expected

KUALA LUMPUR  (REUTERS) – Malaysia’s economy grew at its fastest annual pace in a year in the second quarter, boosted by expansion in domestic demand and…

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Posted onAugust 12, 2022

China’s SMIC warns of ‘rapid freeze’ in chip orders as smartphone demand skids

BEIJING (BLOOMBERG) – Semiconductor Manufacturing International Corp (SMIC) warned that clients in sectors such as smartphones were freezing orders, underscoring how a downturn in consumer…

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Singapore News

  • Saudi Aramco Q2 profit soars to record $66b on high oil prices, production August 14, 2022
  • Apps turning restaurant leftovers into cheap meals take off in Asia August 14, 2022
  • UOL first-half profit quadruples to $371m on fair-value gains, higher revenue August 14, 2022
  • Genting S’pore posts 4.3% drop in first-half profit to $84.4m despite revenue rise August 14, 2022
  • Young and Savvy: Going green in investing August 14, 2022
  • Boosting income streams for your golden years August 14, 2022
  • Structuring a retirement portfolio with a mix of investments August 14, 2022
  • 7 tips to make your finances more resilient August 14, 2022
  • Unicorns no longer an easy ride for Silicon Valley kings August 14, 2022
  • Me & My Money: Planning for rainy days ensures peace of mind when investing August 14, 2022
  • High inflation isn’t going away soon. How can you better protect your money? August 14, 2022
  • KLT, begins its advancement overseas with ‘Pulsarlube BT’, the Bluetooth automatic lubricator for remote lubrication management August 13, 2022
  • Oz Forensics, AppsFlyer and OutSystems have made the most strategic move to capitalize on Philippines’ fintech market August 13, 2022
  • Blockchain Maturity Model (BMM) Experts are Ready August 13, 2022
  • US stocks post weekly gains after better inflation data August 13, 2022

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