SHARES of Singapore Telecommunications (Singtel) fell as much as 3.3% on Monday to a more than one-week low after it forecast non-cash impairment provisions of S$3.1 billion ($2.28 billion) for the second half of 2024.
Shares of Singapore Telecommunications (Singtel) fell as much as 3.3 per cent on Monday (Apr 29) to a more than one-week low after it forecast non-cash impairment provisions of S$3.1 billion (US$2.28 billion) for the second half of 2024. The impairment provisions would lead to the telecom giant reporting a
PETALING JAYA: Research houses continued to have a positive stance on the banking sector this year, expecting it to be resilient based on a stronger economic outlook and supported by the roll-out of public infrastructure projects with renewed foreign investor interest.
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