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 June, up 306 per cent from $91.3 million in the year-ago period. The increase was spearheaded by fair-value gains of $190 million in the first half, compared with fair-value losses […]
HONG KONG, Aug 10, 2022 – (ACN Newswire via SEAPRWire.com) – Global leader in cordless Professional Tools, DIY Tools, and Outdoor Power Equipment, Techtronic Industries Co. Ltd. (“TTI” or the “Group”) (stock code: 669, ADR symbol: TTNDY) is pleased to announce its results for the six months ended June 30, 2022. The Group delivered strong […]
This 2003 electron microscope image shows mature, oval-shaped monkeypox virions (left) obtained from a sample of human skin associated. (CYNTHIA S. GOLDSMITH, RUSSELL REGNE / CDC via AP) BERLIN – Germany recorded its first case of monkeypox in a child, the Robert Koch Institute (RKI) for infectious diseases said on Tuesday. The 4-year-old infected girl […]
TOKYO, Aug 8, 2022 – (JCN Newswire via SEAPRWire.com) – Team HRC (Tetsuta Nagashima / Takumi Takahashi / Iker Lecuona) won the 2022 FIM(1) Endurance World Championship 43rd “Coca Cola” Suzuka 8 Hours Endurance Race (Suzuka 8 Hours) held at the Suzuka Circuit in Mie, on Sunday, August 7. Team HRC’s win marks Honda’s 28th […]
SINGAPORE (THE BUSINESS TIMES) – Yangzijiang Shipbuilding has posted a 32 per cent increase in net profit from continuing operations to nearly 1.2 billion yuan (S$245 million) for the first half ended June, from the year-ago figure of 884.6 million yuan. The annualised return on equity rose to 14 per cent in the first half of […]
TOKYO, Aug 5, 2022 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries, Ltd. (MHI) today submitted a revised shelf registration statement to the Kanto Local Finance Bureau in preparation for planned issuance of a transition bond in the Japanese market. The issuance will be undertaken to raise funds for allocation to diverse initiatives toward […]
SINGAPORE – Retail investors can apply to purchase Singapore’s first sovereign green bond from Friday (Aug 5) until noon on Aug 10. The 50-year Green Singapore Government Securities (Infrastructure), or Green SGS (Infra), was priced to yield 3.04 per cent, with a coupon rate of 3 per cent per annum, the Monetary Authority of Singapore […]
SINGAPORE – Singapore’s central bank looks to raise between $1.9 billion and $2.4 billion with its first sovereign green bond issuance, according to a notice issued on its website on Thursday (Aug 4). The Green Singapore Government Securities (Infrastructure), or Green SGS (Infra), has a tenor of 50 years – the first time the Singapore […]
The Sierra Leone-flagged cargo ship Razoni sails under Yavuz Sultan Selim Bridge after being inspected by Russian, Ukrainian, Turkish and UN officials at the entrance of the Bosphorus Strait in Istanbul, Turkey on Aug 3, 2022. (EMRAH GUREL / AP) ISTANBUL – The first grain-laden ship leaving Ukraine passed through Istanbul's Bosphorus Strait on Wednesday […]
LONDON (REUTERS, AFP) – British oil giant BP returned to profit in the second quarter following a big loss due to its exit from Russia over the war in Ukraine, company results showed on Tuesday (Aug 2). The company reported a net profit of US$9.3 billion (S$12.8 billion) – a threefold increase from the same three-month […]
SINGAPORE – Singapore’s central bank looks to raise at least $1.5 billion with the inaugural sale of a sovereign green bond, whose proceeds will finance projects with environmental benefits, including the Jurong Region Line and Cross Island Line. The first sovereign green bond – called Green Singapore Government Securities (Infrastructure), or Green SGS (Infra) – […]
In this file photo taken on July 27, 2022, US President Joe Biden coughs while delivering remarks in the Rose Garden of the White House in Washington, DC. Joe Biden has tested positive for COVID-19 for a second time and is returning to isolation, his White House doctor said on July 30, 2022, attributing the […]
Amsterdam, The Netherlands, July 26, 2022 – (SEAPRWire) – Multiplayer browser for Collaboration – Stack Browser, is planning to sell lifetime licenses of its subscription as Non-fungible tokens. With this Stack Browser is becoming one of the first SaaS tools that is selling access to its premium version as the primary utility of an NFT. Stack Browser is […]
SINGAPORE – AMO Residence, a joint private residential project between developers UOL Group, Singapore Land Group and Kheng Leong Company, sold over 98 per cent of units during its launch on Saturday (July 23). A total of 365 units of the 372-unit Ang Mo Kio development was sold on the first day, leaving just seven […]
SINGAPORE – The central bank on Tuesday (July 19) announced that it recorded a net loss – the first time in nine years – of $7.4 billion for the financial year ended March 31, 2022. The Monetary Authority of Singapore’s (MAS) annual report stated that the loss was led mainly by a huge negative currency […]
SINGAPORE – Private home prices rose 3.5 per cent in the second quarter from the previous three months, fuelled by a sharp turnaround for apartments in the city fringe and the continued strength of the landed market. The price rise was higher than the Urban Redevelopment Authority’s (URA) flash estimate of 3.2 per cent and […]
CAIRO – Egypt began constructing the first reactor unit of the El-Dabaa nuclear power plant, sending a signal that the country's plan to build its first nuclear power plant is rolling smoothly, the Egyptian government announced Thursday. El-Dabaa plant, located in the Mediterranean province of Matrouh, some 300 km northwest of Cairo, is Egypt's first […]
SINGAPORE (THE BUSINESS TIMES) – Sembcorp Industries’ financial results are expected to be materially higher for the first half of 2022 compared to a year ago, on the back of continued high electricity prices in Singapore and India, it said in a Tuesday (Jul 19) bourse filing. The group added that it is in the […]
From the first listing in July 2002, the sector is now a global Reit hub with a wide range of offerings Today marks 20 years since CapitaMall Trust’s listing in Singapore, a milestone that marked the beginning of S-Reit lionisation.
BENGALURU (REUTERS) – Venture capital (VC) dealmaking in the United States dipped in the first half of 2022, as investors shied away from big investments in start-ups due to uncertain macroeconomic conditions and market turmoil, according to a report on Thursday (July 14). The value of deals struck in the first half of 2022 dropped […]