in the half year ended June 30, widening from a net loss of S$7 million a year ago. Chief executive officer Wong Weng Sun has volunteered to take a 50 per cent pay cut, while all other employees will take a 5 per cent pay cut, except for those earning less than S$1,800 a month. Sembmarine shares rose S$0.01 or 2.25 per cent to close at S$0.455 on Wednesday before results were announced after trading hours.
. Units of Sabana Reit closed flat at S$0.36 on Wednesday, while ESR-Reit units finished unchanged at S$0.39.For daily updates on weekdays and specially selected content for the weekend. Subscribe to
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Stocks to watch: Biolidics, Frasers Property, Sembcorp, GuocoLand, Sri Trang AgroTHE following companies saw new developments that may affect trading of their securities on Wednesday: Read more at The Business Times.
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Crowded trade, high valuations: why investors worry about tech stocksSome investors are getting increasingly worried about the outlook for technology and big growth stocks after a massive rally which has pushed the ...
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Tech stocks push Europe lower after Wall Street tumblesEuropean stocks opened lower on Tuesday, hit by a drop overnight on Wall Street following a flare-up in U.S.-China tensions and new coronavirus ...
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Seoul: Stocks slip on US-China tensions, renewed virus fears[SEOUL] South Korean shares fell on Tuesday as a record number of global coronavirus infections, mounting US-China tensions and gloomy outlook for corporate earnings dented sentiment. The Korean won weakened, while the benchmark bond yield rose. Read more at The Business Times.
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Tokyo: Stocks close down on fresh virus worries[TOKYO] Tokyo stocks closed lower Tuesday on profit-taking as sentiment worsened after rallies fizzled on Wall Street due to fresh worries over the coronavirus and renewed US-China tensions. Read more at The Business Times.
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Singapore stocks fall as economy slumps into recession; STI opens 0.5% lowerSINGAPORE shares pulled back at Tuesday's open, with the benchmark Straits Times Index (STI) losing 13.18 points or 0.5 per cent to 2,617.90 as at 9.02am. Read more at The Business Times.
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