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Business 06 May 2005 | 12:00 AM

SingTel Q4 profit up on Optus unit growth

Singapore Telecommunications Ltd said yesterday its quarterly profit jumped almost 40% on a deferred tax benefit, strong performance at its Australian Optus unit and growth in emerging markets operations.

Business 20 May 2005 | 12:00 AM

Analysts adopt cautious stance on MISC

MOST research houses are recommending a 'hold' or 'sell' call on Malaysia International Shipping Corp Bhd (MISC) amidst softening shipping rates in petroleum and liquefied natural gas (LNG) spot tankers, a potential glut in LNG tankers and news on the Organisation of Petroleum Exporting Countries' reluctance to lift its pumping quota.

Business 30 May 2005 | 12:00 AM

Stockwatch

Hanim Adnan writes on Transmile, IGB, Road Builder, PBB Oil Palms and Magnum..

Business 30 Jul 2005 | 12:00 AM

DBS, UOB post higher profits

Two of Singapore's three banks posted strong quarterly core earnings yesterday, as improving regional economies increased lending and boosted loan returns.

Business 31 Aug 2005 | 12:00 AM

Positive earnings forecast for Petra

Despite the slight fall in Petra Perdana Bhd's share price yesterday, analysts maintain a positive forecast for earnings of the integrated oil and services provider due to the direct impact of the continuous hike in oil prices.

Business 03 Sep 2005 | 12:00 AM

Telekom shares down over Celcom issue

Telekom Malaysia Bhd (TM) saw a knee-jerk reaction in its share price yesterday following Thursday's announcement that its cellular unit Celcom (M) Bhd was ordered to pay some RM740mil to DeTeAsia Holdings GmbH.

Business 11 Oct 2005 | 12:00 AM

Pos M’sia rebounds from 4-month low

POS Malaysia Services Holdings Bhd's share price rebounded from a four-month low to close 14 sen higher yesterday at RM3.28 after Khazanah Nasional Bhd emerged as its largest shareholder.

Business 09 Nov 2005 | 12:00 AM

PLDT profit down 15%

Philippine Long Distance Telephone Co, the country's top telecoms firm, said Tuesday that though its quarterly profit fell 15.5% it still beat market estimates, partly due to huge one-time gains a year earlier.

Business 10 Nov 2005 | 12:00 AM

Deutsche Telekom unveils bold expansion plan for 2006

Germany's Deutsche Telekom unveiled a plan for aggressive expansion next year after posting core earnings and sales that met expectations, thanks to another strong performance by its mobile unit.

Business 01 Feb 2006 | 12:00 AM

Mittal goes on charm offensive

Steel magnate Lakshmi Mittal went to Luxembourg on Tuesday on a charm offensive for his US$23bil bid for rival Arcelor amid fears it could lead to job cuts and the loss of one of Europe's top multinationals.