SingTel beats forecasts with 9% rise in profit The Star | SINGAPORE: Singapore Telecommunications (SingTel), South-East Asia's largest phone company, beat market forecasts with a 9% rise in quarterly profit, thanks to rapid mobile user growth led by India, but warned of an uncertain outlook. | SingTel, which derives about three quarters of its sales outs...
Australia's dollar seen as outshining New Zealand's International Herald Tribune | : Investors expect the New Zealand dollar could soon lose its position as the currency with the industrialized world's highest interest rates and are already shifting to its likely successor - the Australian dollar. | Investors are already pricing in the risk that New Zealand rates of 8.25 percent...
Technip Posts Solid Q1, Revenue Totaling EUR 1.8B Rig Zone Order intake up 7.5% yoy Revenue increased 2.4% yoy to EUR 1.8 billion (+8.5% excluding exchange rates translation impact) Subsea EBITDA margin 23% and operating margin 17.9% Onshore and Offshore combined operating margin 3.4% Net income rose 32% yoy...
SingTel beats forecasts with 9% rise in profit The Star | SINGAPORE: Singapore Telecommunications (SingTel), South-East Asia's largest phone company, beat market forecasts with a 9% rise in quarterly profit, thanks to rapid mobile user growth led by India, but warned of an uncertain outlook. | SingTel, wh...
Austral Pacific Releases Q1 Results and Looks to the Future Rig Zone | Austral Pacific Energy Ltd. Chief executive Thom Jewell said the company recorded a loss of $6,567,884 for the quarter ended March 31, 2008. The majority ($4.4 million) of this figure relates to non-cash components associated primarily with unreali...
Ezra's Vietnam Yard Snags Fab Work Rig Zone | Ezra Holdings Limited's Vietnam offshore engineering fabrication arm has been awarded a fabrication and assembly contract worth US$55.4 million. | The deal was secured by Saigon Offshore Fabrication & Engineering Limited, a wholly-owned subsidiary ...
Australia's dollar seen as outshining New Zealand's International Herald Tribune | : Investors expect the New Zealand dollar could soon lose its position as the currency with the industrialized world's highest interest rates and are already shifting to its likely successor - the Australian dollar. | Investors are already pricing ...
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Dollar weaker at noon The Australian | THE Australian dollar was weaker at noon after the release of softer wages data blunted expectations of further official interest rate rises. | At 12noon (AEST), the Australian d...
Perusing prenuptial agreements Scripps Howard | As wedding season approaches, brides- and grooms-to-be find themselves obsessing about things like limos, honeymoons, bachelor parties and -- for those with wealth or a previous marriage -- prenuptial agreements. | "Right now I'm probably doing fou...
Strikes threatened as Westpac and St George banks agree on takeover The Australian | WESTPAC yesterday announced it had agreed to terms with St George for its proposed $19billion takeover of the NSW bank, amid union threats of widespread strike action over predicted job losses arising from the deal. | The nation's third-largest ban...
Sears majesty to hedge-fund dust Asia Times | By Julian Delasantellis | Sometimes attributed to British psychologist Oliver James, a variety of psychological and physical maladies found only in prosperous societies has been given a quasi-clinical appellation, "affluenza". | One of the manifest...
Singapore's DBS raises $1.1 billion for expansion The Times Of India | SINGAPORE: DBS, Southeast Asia's biggest bank by assets, raised a higher-than-expected S$1.5 billion ($1.1 billion) from preference share sale to bolster its books as it seeks to expand in China and elsewhere in Asia. DBS Group Holdings' fundraising comes just two weeks after its new Chief Executive Richard Stanley took over and may...
HSBC banks on supply chain ops to help SMEs The Star | SMALL and medium enterprises (SMEs) form the backbone and engine of growth of many economies, and Malaysia is no exception. | Like in other developing nations, SMEs comprise about 90% of Malaysian companies and play a significant role in generating economic growth and employment. | More Malaysian SMEs are currently looking beyond local shores in ...