Wells Fargo & Co expects its net interest income, a key measure of bank profitability, to be up or down 2 percent for the year in 2019, depending ...
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Finland's basic income trial boosts happiness but not employmentFinland's basic income scheme did not spur its unemployed recipients to work more to supplement their earnings as hoped but it did help their ...
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FSL Trust units take up to US$25m bridging loan from sponsor for tanker buysFIRST Ship Lease Trust (FSL Trust) on Friday said its sponsor and controlling unitholder FSL Holdings has agreed to extend a secured, interest-bearing bridging loan of up to US$25 million to partially finance the acquisition of two newbuild tankers. Read more at The Business Times.
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Sino Grandness says still negotiating with shareholder to extend repayment of loanCHINESE canned vegetable and fruits producer Sino Grandness Food Industry Group said it is still in negotiation with lender Soleado Holdings to extend the repayment of some US$22 million. Read more at The Business Times.
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HPH Trust posts Q4 net loss of HK$12.11b on recognition of impairment lossesTHE recognition of non-cash impairment losses of HK$12.29 billion (S$2.12 billion) in the fourth quarter heavily dampened results for Hutchison Port Holdings Trust (HPH Trust) for the three months ended Dec 31, 2018. Read more at The Business Times.
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F&N Q1 net profit up 47.5%A HIGHER share of associated companies' profit lifted results for Fraser & Neave (F&N) in its first quarter. The group posted a 47.5 per cent increase in net profit to S$37.9 million for the first quarter ended Dec 31, 2018. Read more at The Business Times.
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