WTI June futures in spotlight after US crude's crash
ANXIETY over inadequate oil storage that led to a historic crash in US crude West Texas Intermediate (WTI) last month has yet to ease but experts reckon that there is no need to brace for a...
Trouble makes port call at Singapore's giant oil trader Hin Leong
SINGAPORE'S oil trading giant Hin Leong Group, which is also one of the world's largest tanker owners, has become the latest to feel oil's whiplash amid an unprecedented drop in demand for the...
SPH net profit up 5.5% in Q2, down 9.3% in H1
WHILE Singapore Press Holdings reported a "creditable" showing in the second quarter with property offsetting declines in the media business, the conglomerate slashed interim dividend to conserve...
SIA's massive fund raiser a call to the faithful
IT HAS been said that if the medicine tastes bad, it could be good for you.
S$15b cash call gives SIA a shot at surviving Covid-19
SINGAPORE Airlines' massive cash call of up to S$15 billion - backed by Temasek Holdings' financial heft - will boost the national carrier's stamina to endure the Covid-19 pandemic that has...
Hard hit aviation, tourism sectors get biggest help in wage subsidies
THE battered services and labour-intensive sectors plus supermarket and F&B operators on the Singapore bourse got a much-needed boost amid the dark clouds of Covid-19 from the government's "...
Can Malaysia's new Finance Minister Zafrul Aziz steer country through current economic quagmire?
AS Malaysia confronts the blow dealt by Covid-19, which this week drove the country to shutter businesses and schools and curb travels until end-March, the direction of the vulnerable, open...
Oil goes into free fall after Saudis unleash price war
SAUDI Arabia unleashed the biggest single-day oil price crash in 30 years when it raised output and priced its oil at steep discounts, sparking a global price war.
Budget 2020: Boon for some, muted impact for most listed firms
IN sunnier times, there would have been jumbo winners on the Singapore Exchange from hotels, malls and aviation firms to retailers as a result of the cash splash, plentiful rebates on taxes to...
Genting Singapore pessimistic about 1H2020 on 'massive disruption' of coronavirus
CASINO and leisure giant Genting Singapore has expressed pessimism over the outlook for the first half of 2020 as the novel coronavirus has "created massive disruption" to the travel and tourism...