Singapore markets experienced a gloomy 2Q20 as the Straits Times Index (STI) closed August flat at 2,532.51 pts. This represented a marginal 2.7 pts increase m-o-m as investors were sombre amid gloomy economic data and poor visibility due to the Covid-19 pandemic.  GDP for the quarter contracte...

Jardine Matheson Holdings and Jardine Strategic Holdings have reported lower earnings for 1H20 ended June due to "significant" negative impact arising from Covid-19 and the restrictions imposed to contain the pandemic. Jardine Matheson and Jardine Strategic both saw earnings for the half-year p...

DUAL-LISTED hotelier Mandarin Oriental's underlying net profit - which excludes non-trading items - tumbled 37 per cent to US$41.2 million for fiscal 2019, down from US$64.9 million a year earlier.

Submitted By:  Clarist Zablan Case Study:  No Non-trading items related to the redevelopment of The Excelsior contributed to the loss. Mandarin Oriental Internation...

DUAL-LISTED hotelier Mandarin Oriental's underlying net profit - which excludes non-trading items - tumbled 37 per cent to US$41.2 million for fiscal 2019, down from US$64.9 million a year ago, according to its results released on Thursday night. 

SINGAPORE (Oct 11): It appears that the Straits Times Index managed to hold at 3,078 on Oct 4, in the area of a previous support and above the Aug 28 low of 3,056. Quarterly momentum has rebounded off a one year low. Volume expanded a little on white candle days, but has generally stayed subdued, s...

JARDINE Matheson's recent scooping up of shares in related company Jardine Strategic up to the free float limit has sparked speculation that there is a privatisation in the making - not of Jardine Strategic, but in a roundabout way, of Mandarin Oriental International.

SINGAPORE (Aug 2): Jardine Matheson Holdings
and Jardine Strategic Holdings reported 152% and 75% higher earnings of US$2.3 billion and US$1.7 billion respectively for the 1H ended June. This was mainly due to the sale of the group’s interest in Jardine Lloyd Thompson which produced a net gain ...

THE following companies saw new developments that may affect trading of their shares on Friday:

DUAL-LISTED Jardine hotelier Mandarin Oriental's underlying net profit - which excludes non-trading items - was more than halved for the first half, according to results released on Thursday.