Exxon and Chevron ride plastics boom to cash-flow bonanzas
HOUSTON (BLOOMBERG) - Exxon Mobil Corp and Chevron Corp swung to their biggest profits since pre-pandemic days amid surging demand...
Business
URA awards tender for plot at Lentor Central to GuocoLand; to be developed for mixed use
SINGAPORE - Property giant GuocoLand has won the tender for a 99-year leasehold plot at Lentor Central after lodging the...
Keppel swings back to $300 million first-half profit, quadruples dividend
SINGAPORE - Keppel Corporation has bounced back into the black for the first half with all its key business units...
SIA trims quarterly losses to $409 million
SINGAPORE - Sequential improvement in passenger numbers and a robust cargo performance saw Singapore Airlines (SIA) cut its first quarter...
Sheng Siong H1 profit down 11.9% as grocery frenzy eases
SINGAPORE (THE BUSINESS TIMES) - Mainboard-listed supermarket operator Sheng Siong Group saw a more subdued first half, after the year-ago...
Robinhood closes more than 8% down in grim stock market debut
NEW YORK (REUTERS) - Robinhood Markets' shares closed more than 8 per cent lower at US$34.82 per share on their...
Amazon forecast falls short as Covid-19 online shopping bump fades
SEATTLE (BLOOMBERG) - Amazon.com emerged as the essential store for homebound shoppers during the coronavirus pandemic, propelling its sales and profits...
Tycoon’s $8 billion surge unseats Samsung heir as richest South Korean
SEOUL (BLOOMBERG) - Mr Brian Kim, the founder of South Korean messaging giant Kakao Corp, has seen his fortune jump...
Elon Musk’s brain-computer start-up Neuralink raises $277 million
SAN FRANCISCO (BLOOMBERG) - Neuralink, the futuristic brain-computer interface company founded by Mr Elon Musk, said it has raised US$205...
Hotpot chain Haidilao is Hong Kong’s worst stock
HONG KONG (BLOOMBERG) - While Chinese technology and private-education giants have been stealing the headlines this week when it comes...