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RitchieLui

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08-21

Patience and Perseverance are 2 key factors to be successful and profitable in investing Investing is a lifelong learning pursuit ☺️

07-28

When does jetstar cease operation?

Singapore Air Profit Tumbles as Air India Losses Hit Bottomline

2024-05-07

SG Morning Call | STI Rose 0.02%, SIA Rose 1%, Singtel Rose 0.8%, SATS LTD Rose 0.8%

2024-05-07

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SG Morning Call | STI Rose 0.02%, SIA Rose 1%, Singtel Rose 0.8%, SATS LTD Rose 0.8%

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and Perseverance&nbsp;are 2&nbsp;key factors to be successful and profitable in investing Investing is a lifelong learning pursuit ☺️","listText":"Patience and Perseverance&nbsp;are 2&nbsp;key factors to be successful and profitable in investing Investing is a lifelong learning pursuit ☺️","text":"Patience and Perseverance are 2 key factors to be successful and profitable in investing Investing is a lifelong learning pursuit ☺️","images":[{"img":"https://community-static.tradeup.com/news/943d1177442afd09a66bcb5ebafeb5b4","width":"1125","height":"1476"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/469934608777912","isVote":1,"tweetType":1,"viewCount":450,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":461569989173512,"gmtCreate":1753706271060,"gmtModify":1753708628916,"author":{"id":"4110080315536902","authorId":"4110080315536902","name":"RitchieLui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4110080315536902","idStr":"4110080315536902"},"themes":[],"htmlText":"When does jetstar cease operation?","listText":"When does jetstar cease operation?","text":"When does jetstar cease operation?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/461569989173512","repostId":"1120245088","repostType":2,"repost":{"id":"1120245088","kind":"news","pubTimestamp":1753696828,"share":"https://ttm.financial/m/news/1120245088?lang=en_US&edition=fundamental","pubTime":"2025-07-28 18:00","market":"sg","language":"en","title":"Singapore Air Profit Tumbles as Air India Losses Hit Bottomline","url":"https://stock-news.laohu8.com/highlight/detail?id=1120245088","media":"Bloomberg","summary":"Singapore Airlines Ltd.’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results.Net income tumbled 59% to S$186...","content":"<div>\n<p>Singapore Airlines Ltd.’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results.Net income tumbled 59% to S$186 million...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-07-28/singapore-air-profit-tumbles-as-air-india-losses-hit-bottomline?srnd=homepage-asia\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Air Profit Tumbles as Air India Losses Hit Bottomline</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Air Profit Tumbles as Air India Losses Hit Bottomline\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-07-28 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-07-28/singapore-air-profit-tumbles-as-air-india-losses-hit-bottomline?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore Airlines Ltd.’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results.Net income tumbled 59% to S$186 million...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-07-28/singapore-air-profit-tumbles-as-air-india-losses-hit-bottomline?srnd=homepage-asia\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C6L.SI":"新加坡航空公司"},"source_url":"https://www.bloomberg.com/news/articles/2025-07-28/singapore-air-profit-tumbles-as-air-india-losses-hit-bottomline?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120245088","content_text":"Singapore Airlines Ltd.’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results.Net income tumbled 59% to S$186 million ($145 million) in the three months ended June 30, the carrier said in a statement Monday. Revenue rose 1.5% to S$4.79 billion, bolstered by record travel volumes and strong cargo demand.The airline group carried a record 10.3 million passengers in the quarter, up about 7%. The increase was largely driven by its low-cost Scoot unit, as the main brand saw softer demand on long-haul flights.Singapore Air said demand into the second quarter “remains healthy,” though it is cautious about the outlook due to with geopolitical and macroeconomic volatility.The carrier offers the first glimpse as to how the headwinds are playing out in Asia, with major Western airlines painting a mixed picture. Earlier this month, American Airlines Group Inc. scaled back its earnings outlook after deep fare discounts to entice reluctant travelers, while Delta Air Lines Inc. gave a more upbeat outlook about demand and United Airlines Holdings Inc. said customers have resumed booking flights.The carrier’s group capacity still remains 6.7% lower than a pre-Covid peak. In the months ahead, it will tighten its grip in its home market as rival Jetstar Asia prepares to operate its last flight on Thursday. Singapore Air has pledged to take over much of the capacity left by Jetstar Asia’s exit.Shares in the airline closed 0.4% higher Monday, taking gains this year to 18%","news_type":1,"symbols_score_info":{"C6L.SI":1.1}},"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":303139980460096,"gmtCreate":1715044307013,"gmtModify":1715046223542,"author":{"id":"4110080315536902","authorId":"4110080315536902","name":"RitchieLui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4110080315536902","idStr":"4110080315536902"},"themes":[],"htmlText":"&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;","listText":"&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;","text":"","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/303139980460096","repostId":"1158858114","repostType":2,"repost":{"id":"1158858114","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings","home_visible":1,"media_name":"TigerNews SG","id":"1050470178","head_image":"https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709"},"pubTimestamp":1715044134,"share":"https://ttm.financial/m/news/1158858114?lang=en_US&edition=fundamental","pubTime":"2024-05-07 09:08","market":"sg","language":"en","title":"SG Morning Call | STI Rose 0.02%, SIA Rose 1%, Singtel Rose 0.8%, SATS LTD Rose 0.8%","url":"https://stock-news.laohu8.com/highlight/detail?id=1158858114","media":"TigerNews SG","summary":"Stocks to WatchFrasers Logistics & Commercial Trust : BUOU (FLCT): Its distribution per unit (DPU) for the first half of the fiscal year declined 1.1 per cent to S$0.0348, reported its manager on Tues","content":"<html><head></head><body><h2 id=\"id_2780928662\">Market Snapshot</h2><p>Singapore stocks opened higher on Tuesday. STI rose 0.02%, Singtel rose 0.8%, SIA rose 1%, SATS LTD rose 0.8%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5874359904a8061de27a065fddf2b293\" tg-width=\"307\" tg-height=\"558\"/></p><h2 id=\"id_3813175564\">Stocks to Watch</h2><p><strong>Frasers Logistics &amp; Commercial Trust : BUOU</strong> (FLCT): Its distribution per unit (DPU) for the first half of the fiscal year declined 1.1 per cent to S$0.0348, reported its manager on Tuesday. Though the Reit’s topline grew year on year, this was offset in part by higher vacancies, property operating expenses and finance costs. FLCT units ended Monday S$0.01 or 1 per cent up at S$1.01.</p><p style=\"text-align: start;\"><strong>Paragon Real Estate Investment Trust : SK6U</strong> (Reit): Its gross revenue for the first quarter ended March increased 3 per cent year on year to S$73.8 million. The growth was mainly driven by contributions from Paragon and The Clementi Mall, announced its manager on Monday. Units of Paragon Reit ended down S$0.005 or 0.6 per cent at S$0.84, before the announcement.</p><p style=\"text-align: start;\"><strong>Aims Apac Reit : O5RU</strong> (AA Reit): The industrial and logistics Reit’s DPU for the second half ended March fell 10.2 per cent to S$0.0471 from S$0.05244 a year prior on an enlarged unit base, reported its manager on Tuesday. This was despite an increase in gross revenue and net property income for the period. Units of AA Reit closed S$0.02 or 1.6 per cent higher at S$1.27 on Monday.</p><p style=\"text-align: start;\"><strong>Lendlease Global Reit : JYEU</strong>: Its manager on Monday reported a committed portfolio occupancy of 88.8 per cent for the third quarter ended Mar 31, 2024, up from 87.9 per cent in the previous quarter. Units of Lendlease Global Commercial Reit rose S$0.015 or 2.8 per cent to end at S$0.55, prior to the release of its business update for the quarter. </p><p style=\"text-align: start;\"><strong>Far East Orchard : O10</strong> (FEOR): The hotel operator and property developer, along with its subsidiaries, are selling Rendezvous Hotel Perth Central and its business for A$18.5 million (S$16.5 million). On Monday, FEOR said the disposal will enable the group to realise the value of the hotel, and in turn, improve capital allocation and optimise returns for the company’s shareholders. Shares of Far East Orchard closed flat at S$1.02, before the news.</p><p><strong>Singapore Airlines : C6L</strong> (SIA): The national flag carrier has agreed to purchase 1,000 tonnes of sustainable aviation fuel from renewable fuel producer Neste. On Monday, SIA said this will make the group and its budget airline Scoot the first carriers to receive sustainable aviation fuel produced at Neste’s Singapore refinery. The counter ended Monday at S$6.55, up S$0.03 or 0.5 per cent, prior to the announcement.</p><p style=\"text-align: start;\"><strong>Cordlife Group : P8A</strong>: The cord-blood bank’s directors have offered different views on who will oversee the company’s ongoing developments in Singapore. This was in response to queries from the Singapore Exchange (SGX) ahead of the company’s May 14 annual general meeting. Shares of Cordlife ended Monday flat at S$0.12, before the latest bourse filing was released. </p><h2 id=\"id_3059161784\">SG Local News</h2><h3 id=\"id_889847050\">SIA and Scoot First Airlines to Get Neste&#39;s SingaporE-made Sustainable Fuel at Changi Airport</h3><p>The Singapore Airlines (SIA) Group has signed an agreement with refinery Neste to purchase 1,000 tonnes of neat Neste MY Sustainable Aviation Fuel for airlines SIA and Scoot. </p><p>This will make the two airlines the first operating out of Changi Airport to receive sustainable aviation fuel (SAF) produced by Neste in Singapore, said SIA, Scoot and Neste in a joint media release on Monday (May 6).</p><h3 id=\"id_2633184637\">Jefferies Asks Judge to Remove Managers of Weiss Multi-Strategy</h3><p>MANAGERS of Weiss Multi-Strategy Advisers are trying to use the company’s bankruptcy case to enrich themselves and should be replaced by a court-approved trustee, Jefferies Financial Group said in a court filing.</p><p style=\"text-align: start;\">The move comes days after Weiss filed for court protection and sued Jefferies in US bankruptcy court in Manhattan. The defunct hedge fund is seeking to recover US$20 million, alleging the money either wrongly went to Jefferies over other creditors or was obtained under the threat of litigation. Jefferies has denied the allegations and said Weiss is acting in bad faith.</p><h3 id=\"id_387927790\">Possible Class Action Lawsuit against Cordlife by Customers Could Take at Least 2 Years</h3><p>A REPRESENTATIVE action suit against beleaguered cord-blood bank Cordlife could take at least two years to conclude, should affected Cordlife customers decide to go through with such a lawsuit, said partners at law firm Withers KhattarWong.</p><p style=\"text-align: start;\">However, the law firm stressed that the case is at an early fact-gathering and consolidation stage, and that it is not recommending that customers take up such a representative action – also known as a class action-type suit – at this juncture.</p><p style=\"text-align: start;\">This comes after Withers KhattarWong held a town hall meeting for affected Cordlife customers on Friday (May 3). The discussion covered the possible legal actions they could take, as well as the stages that are likely to take place in a class-action lawsuit.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SG Morning Call | STI Rose 0.02%, SIA Rose 1%, Singtel Rose 0.8%, SATS LTD Rose 0.8%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSG Morning Call | STI Rose 0.02%, SIA Rose 1%, Singtel Rose 0.8%, SATS LTD Rose 0.8%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2024-05-07 09:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h2 id=\"id_2780928662\">Market Snapshot</h2><p>Singapore stocks opened higher on Tuesday. STI rose 0.02%, Singtel rose 0.8%, SIA rose 1%, SATS LTD rose 0.8%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5874359904a8061de27a065fddf2b293\" tg-width=\"307\" tg-height=\"558\"/></p><h2 id=\"id_3813175564\">Stocks to Watch</h2><p><strong>Frasers Logistics &amp; Commercial Trust : BUOU</strong> (FLCT): Its distribution per unit (DPU) for the first half of the fiscal year declined 1.1 per cent to S$0.0348, reported its manager on Tuesday. Though the Reit’s topline grew year on year, this was offset in part by higher vacancies, property operating expenses and finance costs. FLCT units ended Monday S$0.01 or 1 per cent up at S$1.01.</p><p style=\"text-align: start;\"><strong>Paragon Real Estate Investment Trust : SK6U</strong> (Reit): Its gross revenue for the first quarter ended March increased 3 per cent year on year to S$73.8 million. The growth was mainly driven by contributions from Paragon and The Clementi Mall, announced its manager on Monday. Units of Paragon Reit ended down S$0.005 or 0.6 per cent at S$0.84, before the announcement.</p><p style=\"text-align: start;\"><strong>Aims Apac Reit : O5RU</strong> (AA Reit): The industrial and logistics Reit’s DPU for the second half ended March fell 10.2 per cent to S$0.0471 from S$0.05244 a year prior on an enlarged unit base, reported its manager on Tuesday. This was despite an increase in gross revenue and net property income for the period. Units of AA Reit closed S$0.02 or 1.6 per cent higher at S$1.27 on Monday.</p><p style=\"text-align: start;\"><strong>Lendlease Global Reit : JYEU</strong>: Its manager on Monday reported a committed portfolio occupancy of 88.8 per cent for the third quarter ended Mar 31, 2024, up from 87.9 per cent in the previous quarter. Units of Lendlease Global Commercial Reit rose S$0.015 or 2.8 per cent to end at S$0.55, prior to the release of its business update for the quarter. </p><p style=\"text-align: start;\"><strong>Far East Orchard : O10</strong> (FEOR): The hotel operator and property developer, along with its subsidiaries, are selling Rendezvous Hotel Perth Central and its business for A$18.5 million (S$16.5 million). On Monday, FEOR said the disposal will enable the group to realise the value of the hotel, and in turn, improve capital allocation and optimise returns for the company’s shareholders. Shares of Far East Orchard closed flat at S$1.02, before the news.</p><p><strong>Singapore Airlines : C6L</strong> (SIA): The national flag carrier has agreed to purchase 1,000 tonnes of sustainable aviation fuel from renewable fuel producer Neste. On Monday, SIA said this will make the group and its budget airline Scoot the first carriers to receive sustainable aviation fuel produced at Neste’s Singapore refinery. The counter ended Monday at S$6.55, up S$0.03 or 0.5 per cent, prior to the announcement.</p><p style=\"text-align: start;\"><strong>Cordlife Group : P8A</strong>: The cord-blood bank’s directors have offered different views on who will oversee the company’s ongoing developments in Singapore. This was in response to queries from the Singapore Exchange (SGX) ahead of the company’s May 14 annual general meeting. Shares of Cordlife ended Monday flat at S$0.12, before the latest bourse filing was released. </p><h2 id=\"id_3059161784\">SG Local News</h2><h3 id=\"id_889847050\">SIA and Scoot First Airlines to Get Neste&#39;s SingaporE-made Sustainable Fuel at Changi Airport</h3><p>The Singapore Airlines (SIA) Group has signed an agreement with refinery Neste to purchase 1,000 tonnes of neat Neste MY Sustainable Aviation Fuel for airlines SIA and Scoot. </p><p>This will make the two airlines the first operating out of Changi Airport to receive sustainable aviation fuel (SAF) produced by Neste in Singapore, said SIA, Scoot and Neste in a joint media release on Monday (May 6).</p><h3 id=\"id_2633184637\">Jefferies Asks Judge to Remove Managers of Weiss Multi-Strategy</h3><p>MANAGERS of Weiss Multi-Strategy Advisers are trying to use the company’s bankruptcy case to enrich themselves and should be replaced by a court-approved trustee, Jefferies Financial Group said in a court filing.</p><p style=\"text-align: start;\">The move comes days after Weiss filed for court protection and sued Jefferies in US bankruptcy court in Manhattan. The defunct hedge fund is seeking to recover US$20 million, alleging the money either wrongly went to Jefferies over other creditors or was obtained under the threat of litigation. Jefferies has denied the allegations and said Weiss is acting in bad faith.</p><h3 id=\"id_387927790\">Possible Class Action Lawsuit against Cordlife by Customers Could Take at Least 2 Years</h3><p>A REPRESENTATIVE action suit against beleaguered cord-blood bank Cordlife could take at least two years to conclude, should affected Cordlife customers decide to go through with such a lawsuit, said partners at law firm Withers KhattarWong.</p><p style=\"text-align: start;\">However, the law firm stressed that the case is at an early fact-gathering and consolidation stage, and that it is not recommending that customers take up such a representative action – also known as a class action-type suit – at this juncture.</p><p style=\"text-align: start;\">This comes after Withers KhattarWong held a town hall meeting for affected Cordlife customers on Friday (May 3). The discussion covered the possible legal actions they could take, as well as the stages that are likely to take place in a class-action lawsuit.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"O10.SI":"远东乌节","STI.SI":"富时新加坡海峡指数","P8A.SI":"康盛人生","BUOU.SI":"星狮物流工业信托","C6L.SI":"新加坡航空公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158858114","content_text":"Market SnapshotSingapore stocks opened higher on Tuesday. STI rose 0.02%, Singtel rose 0.8%, SIA rose 1%, SATS LTD rose 0.8%.Stocks to WatchFrasers Logistics & Commercial Trust : BUOU (FLCT): Its distribution per unit (DPU) for the first half of the fiscal year declined 1.1 per cent to S$0.0348, reported its manager on Tuesday. Though the Reit’s topline grew year on year, this was offset in part by higher vacancies, property operating expenses and finance costs. FLCT units ended Monday S$0.01 or 1 per cent up at S$1.01.Paragon Real Estate Investment Trust : SK6U (Reit): Its gross revenue for the first quarter ended March increased 3 per cent year on year to S$73.8 million. The growth was mainly driven by contributions from Paragon and The Clementi Mall, announced its manager on Monday. Units of Paragon Reit ended down S$0.005 or 0.6 per cent at S$0.84, before the announcement.Aims Apac Reit : O5RU (AA Reit): The industrial and logistics Reit’s DPU for the second half ended March fell 10.2 per cent to S$0.0471 from S$0.05244 a year prior on an enlarged unit base, reported its manager on Tuesday. This was despite an increase in gross revenue and net property income for the period. Units of AA Reit closed S$0.02 or 1.6 per cent higher at S$1.27 on Monday.Lendlease Global Reit : JYEU: Its manager on Monday reported a committed portfolio occupancy of 88.8 per cent for the third quarter ended Mar 31, 2024, up from 87.9 per cent in the previous quarter. Units of Lendlease Global Commercial Reit rose S$0.015 or 2.8 per cent to end at S$0.55, prior to the release of its business update for the quarter. Far East Orchard : O10 (FEOR): The hotel operator and property developer, along with its subsidiaries, are selling Rendezvous Hotel Perth Central and its business for A$18.5 million (S$16.5 million). On Monday, FEOR said the disposal will enable the group to realise the value of the hotel, and in turn, improve capital allocation and optimise returns for the company’s shareholders. Shares of Far East Orchard closed flat at S$1.02, before the news.Singapore Airlines : C6L (SIA): The national flag carrier has agreed to purchase 1,000 tonnes of sustainable aviation fuel from renewable fuel producer Neste. On Monday, SIA said this will make the group and its budget airline Scoot the first carriers to receive sustainable aviation fuel produced at Neste’s Singapore refinery. The counter ended Monday at S$6.55, up S$0.03 or 0.5 per cent, prior to the announcement.Cordlife Group : P8A: The cord-blood bank’s directors have offered different views on who will oversee the company’s ongoing developments in Singapore. This was in response to queries from the Singapore Exchange (SGX) ahead of the company’s May 14 annual general meeting. Shares of Cordlife ended Monday flat at S$0.12, before the latest bourse filing was released. SG Local NewsSIA and Scoot First Airlines to Get Neste's SingaporE-made Sustainable Fuel at Changi AirportThe Singapore Airlines (SIA) Group has signed an agreement with refinery Neste to purchase 1,000 tonnes of neat Neste MY Sustainable Aviation Fuel for airlines SIA and Scoot. This will make the two airlines the first operating out of Changi Airport to receive sustainable aviation fuel (SAF) produced by Neste in Singapore, said SIA, Scoot and Neste in a joint media release on Monday (May 6).Jefferies Asks Judge to Remove Managers of Weiss Multi-StrategyMANAGERS of Weiss Multi-Strategy Advisers are trying to use the company’s bankruptcy case to enrich themselves and should be replaced by a court-approved trustee, Jefferies Financial Group said in a court filing.The move comes days after Weiss filed for court protection and sued Jefferies in US bankruptcy court in Manhattan. The defunct hedge fund is seeking to recover US$20 million, alleging the money either wrongly went to Jefferies over other creditors or was obtained under the threat of litigation. Jefferies has denied the allegations and said Weiss is acting in bad faith.Possible Class Action Lawsuit against Cordlife by Customers Could Take at Least 2 YearsA REPRESENTATIVE action suit against beleaguered cord-blood bank Cordlife could take at least two years to conclude, should affected Cordlife customers decide to go through with such a lawsuit, said partners at law firm Withers KhattarWong.However, the law firm stressed that the case is at an early fact-gathering and consolidation stage, and that it is not recommending that customers take up such a representative action – also known as a class action-type suit – at this juncture.This comes after Withers KhattarWong held a town hall meeting for affected Cordlife customers on Friday (May 3). The discussion covered the possible legal actions they could take, as well as the stages that are likely to take place in a class-action lawsuit.","news_type":1,"symbols_score_info":{"P8A.SI":1.1,"STI.SI":1.1,"BUOU.SI":1.1,"SK6U.SI":1.1,"O10.SI":1.1,"C6L.SI":1.1}},"isVote":1,"tweetType":1,"viewCount":1704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":303139814006848,"gmtCreate":1715044266375,"gmtModify":1715046220704,"author":{"id":"4110080315536902","authorId":"4110080315536902","name":"RitchieLui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4110080315536902","idStr":"4110080315536902"},"themes":[],"htmlText":"Z The&nbsp;","listText":"Z The&nbsp;","text":"Z The","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/303139814006848","repostId":"1158858114","repostType":2,"repost":{"id":"1158858114","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings","home_visible":1,"media_name":"TigerNews SG","id":"1050470178","head_image":"https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709"},"pubTimestamp":1715044134,"share":"https://ttm.financial/m/news/1158858114?lang=en_US&edition=fundamental","pubTime":"2024-05-07 09:08","market":"sg","language":"en","title":"SG Morning Call | STI Rose 0.02%, SIA Rose 1%, Singtel Rose 0.8%, SATS LTD Rose 0.8%","url":"https://stock-news.laohu8.com/highlight/detail?id=1158858114","media":"TigerNews SG","summary":"Stocks to WatchFrasers Logistics & Commercial Trust : BUOU (FLCT): Its distribution per unit (DPU) for the first half of the fiscal year declined 1.1 per cent to S$0.0348, reported its manager on Tues","content":"<html><head></head><body><h2 id=\"id_2780928662\">Market Snapshot</h2><p>Singapore stocks opened higher on Tuesday. STI rose 0.02%, Singtel rose 0.8%, SIA rose 1%, SATS LTD rose 0.8%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5874359904a8061de27a065fddf2b293\" tg-width=\"307\" tg-height=\"558\"/></p><h2 id=\"id_3813175564\">Stocks to Watch</h2><p><strong>Frasers Logistics &amp; Commercial Trust : BUOU</strong> (FLCT): Its distribution per unit (DPU) for the first half of the fiscal year declined 1.1 per cent to S$0.0348, reported its manager on Tuesday. Though the Reit’s topline grew year on year, this was offset in part by higher vacancies, property operating expenses and finance costs. FLCT units ended Monday S$0.01 or 1 per cent up at S$1.01.</p><p style=\"text-align: start;\"><strong>Paragon Real Estate Investment Trust : SK6U</strong> (Reit): Its gross revenue for the first quarter ended March increased 3 per cent year on year to S$73.8 million. The growth was mainly driven by contributions from Paragon and The Clementi Mall, announced its manager on Monday. Units of Paragon Reit ended down S$0.005 or 0.6 per cent at S$0.84, before the announcement.</p><p style=\"text-align: start;\"><strong>Aims Apac Reit : O5RU</strong> (AA Reit): The industrial and logistics Reit’s DPU for the second half ended March fell 10.2 per cent to S$0.0471 from S$0.05244 a year prior on an enlarged unit base, reported its manager on Tuesday. This was despite an increase in gross revenue and net property income for the period. Units of AA Reit closed S$0.02 or 1.6 per cent higher at S$1.27 on Monday.</p><p style=\"text-align: start;\"><strong>Lendlease Global Reit : JYEU</strong>: Its manager on Monday reported a committed portfolio occupancy of 88.8 per cent for the third quarter ended Mar 31, 2024, up from 87.9 per cent in the previous quarter. Units of Lendlease Global Commercial Reit rose S$0.015 or 2.8 per cent to end at S$0.55, prior to the release of its business update for the quarter. </p><p style=\"text-align: start;\"><strong>Far East Orchard : O10</strong> (FEOR): The hotel operator and property developer, along with its subsidiaries, are selling Rendezvous Hotel Perth Central and its business for A$18.5 million (S$16.5 million). On Monday, FEOR said the disposal will enable the group to realise the value of the hotel, and in turn, improve capital allocation and optimise returns for the company’s shareholders. Shares of Far East Orchard closed flat at S$1.02, before the news.</p><p><strong>Singapore Airlines : C6L</strong> (SIA): The national flag carrier has agreed to purchase 1,000 tonnes of sustainable aviation fuel from renewable fuel producer Neste. On Monday, SIA said this will make the group and its budget airline Scoot the first carriers to receive sustainable aviation fuel produced at Neste’s Singapore refinery. The counter ended Monday at S$6.55, up S$0.03 or 0.5 per cent, prior to the announcement.</p><p style=\"text-align: start;\"><strong>Cordlife Group : P8A</strong>: The cord-blood bank’s directors have offered different views on who will oversee the company’s ongoing developments in Singapore. This was in response to queries from the Singapore Exchange (SGX) ahead of the company’s May 14 annual general meeting. Shares of Cordlife ended Monday flat at S$0.12, before the latest bourse filing was released. </p><h2 id=\"id_3059161784\">SG Local News</h2><h3 id=\"id_889847050\">SIA and Scoot First Airlines to Get Neste&#39;s SingaporE-made Sustainable Fuel at Changi Airport</h3><p>The Singapore Airlines (SIA) Group has signed an agreement with refinery Neste to purchase 1,000 tonnes of neat Neste MY Sustainable Aviation Fuel for airlines SIA and Scoot. </p><p>This will make the two airlines the first operating out of Changi Airport to receive sustainable aviation fuel (SAF) produced by Neste in Singapore, said SIA, Scoot and Neste in a joint media release on Monday (May 6).</p><h3 id=\"id_2633184637\">Jefferies Asks Judge to Remove Managers of Weiss Multi-Strategy</h3><p>MANAGERS of Weiss Multi-Strategy Advisers are trying to use the company’s bankruptcy case to enrich themselves and should be replaced by a court-approved trustee, Jefferies Financial Group said in a court filing.</p><p style=\"text-align: start;\">The move comes days after Weiss filed for court protection and sued Jefferies in US bankruptcy court in Manhattan. The defunct hedge fund is seeking to recover US$20 million, alleging the money either wrongly went to Jefferies over other creditors or was obtained under the threat of litigation. Jefferies has denied the allegations and said Weiss is acting in bad faith.</p><h3 id=\"id_387927790\">Possible Class Action Lawsuit against Cordlife by Customers Could Take at Least 2 Years</h3><p>A REPRESENTATIVE action suit against beleaguered cord-blood bank Cordlife could take at least two years to conclude, should affected Cordlife customers decide to go through with such a lawsuit, said partners at law firm Withers KhattarWong.</p><p style=\"text-align: start;\">However, the law firm stressed that the case is at an early fact-gathering and consolidation stage, and that it is not recommending that customers take up such a representative action – also known as a class action-type suit – at this juncture.</p><p style=\"text-align: start;\">This comes after Withers KhattarWong held a town hall meeting for affected Cordlife customers on Friday (May 3). The discussion covered the possible legal actions they could take, as well as the stages that are likely to take place in a class-action lawsuit.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SG Morning Call | STI Rose 0.02%, SIA Rose 1%, Singtel Rose 0.8%, SATS LTD Rose 0.8%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSG Morning Call | STI Rose 0.02%, SIA Rose 1%, Singtel Rose 0.8%, SATS LTD Rose 0.8%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2024-05-07 09:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h2 id=\"id_2780928662\">Market Snapshot</h2><p>Singapore stocks opened higher on Tuesday. STI rose 0.02%, Singtel rose 0.8%, SIA rose 1%, SATS LTD rose 0.8%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5874359904a8061de27a065fddf2b293\" tg-width=\"307\" tg-height=\"558\"/></p><h2 id=\"id_3813175564\">Stocks to Watch</h2><p><strong>Frasers Logistics &amp; Commercial Trust : BUOU</strong> (FLCT): Its distribution per unit (DPU) for the first half of the fiscal year declined 1.1 per cent to S$0.0348, reported its manager on Tuesday. Though the Reit’s topline grew year on year, this was offset in part by higher vacancies, property operating expenses and finance costs. FLCT units ended Monday S$0.01 or 1 per cent up at S$1.01.</p><p style=\"text-align: start;\"><strong>Paragon Real Estate Investment Trust : SK6U</strong> (Reit): Its gross revenue for the first quarter ended March increased 3 per cent year on year to S$73.8 million. The growth was mainly driven by contributions from Paragon and The Clementi Mall, announced its manager on Monday. Units of Paragon Reit ended down S$0.005 or 0.6 per cent at S$0.84, before the announcement.</p><p style=\"text-align: start;\"><strong>Aims Apac Reit : O5RU</strong> (AA Reit): The industrial and logistics Reit’s DPU for the second half ended March fell 10.2 per cent to S$0.0471 from S$0.05244 a year prior on an enlarged unit base, reported its manager on Tuesday. This was despite an increase in gross revenue and net property income for the period. Units of AA Reit closed S$0.02 or 1.6 per cent higher at S$1.27 on Monday.</p><p style=\"text-align: start;\"><strong>Lendlease Global Reit : JYEU</strong>: Its manager on Monday reported a committed portfolio occupancy of 88.8 per cent for the third quarter ended Mar 31, 2024, up from 87.9 per cent in the previous quarter. Units of Lendlease Global Commercial Reit rose S$0.015 or 2.8 per cent to end at S$0.55, prior to the release of its business update for the quarter. </p><p style=\"text-align: start;\"><strong>Far East Orchard : O10</strong> (FEOR): The hotel operator and property developer, along with its subsidiaries, are selling Rendezvous Hotel Perth Central and its business for A$18.5 million (S$16.5 million). On Monday, FEOR said the disposal will enable the group to realise the value of the hotel, and in turn, improve capital allocation and optimise returns for the company’s shareholders. Shares of Far East Orchard closed flat at S$1.02, before the news.</p><p><strong>Singapore Airlines : C6L</strong> (SIA): The national flag carrier has agreed to purchase 1,000 tonnes of sustainable aviation fuel from renewable fuel producer Neste. On Monday, SIA said this will make the group and its budget airline Scoot the first carriers to receive sustainable aviation fuel produced at Neste’s Singapore refinery. The counter ended Monday at S$6.55, up S$0.03 or 0.5 per cent, prior to the announcement.</p><p style=\"text-align: start;\"><strong>Cordlife Group : P8A</strong>: The cord-blood bank’s directors have offered different views on who will oversee the company’s ongoing developments in Singapore. This was in response to queries from the Singapore Exchange (SGX) ahead of the company’s May 14 annual general meeting. Shares of Cordlife ended Monday flat at S$0.12, before the latest bourse filing was released. </p><h2 id=\"id_3059161784\">SG Local News</h2><h3 id=\"id_889847050\">SIA and Scoot First Airlines to Get Neste&#39;s SingaporE-made Sustainable Fuel at Changi Airport</h3><p>The Singapore Airlines (SIA) Group has signed an agreement with refinery Neste to purchase 1,000 tonnes of neat Neste MY Sustainable Aviation Fuel for airlines SIA and Scoot. </p><p>This will make the two airlines the first operating out of Changi Airport to receive sustainable aviation fuel (SAF) produced by Neste in Singapore, said SIA, Scoot and Neste in a joint media release on Monday (May 6).</p><h3 id=\"id_2633184637\">Jefferies Asks Judge to Remove Managers of Weiss Multi-Strategy</h3><p>MANAGERS of Weiss Multi-Strategy Advisers are trying to use the company’s bankruptcy case to enrich themselves and should be replaced by a court-approved trustee, Jefferies Financial Group said in a court filing.</p><p style=\"text-align: start;\">The move comes days after Weiss filed for court protection and sued Jefferies in US bankruptcy court in Manhattan. The defunct hedge fund is seeking to recover US$20 million, alleging the money either wrongly went to Jefferies over other creditors or was obtained under the threat of litigation. Jefferies has denied the allegations and said Weiss is acting in bad faith.</p><h3 id=\"id_387927790\">Possible Class Action Lawsuit against Cordlife by Customers Could Take at Least 2 Years</h3><p>A REPRESENTATIVE action suit against beleaguered cord-blood bank Cordlife could take at least two years to conclude, should affected Cordlife customers decide to go through with such a lawsuit, said partners at law firm Withers KhattarWong.</p><p style=\"text-align: start;\">However, the law firm stressed that the case is at an early fact-gathering and consolidation stage, and that it is not recommending that customers take up such a representative action – also known as a class action-type suit – at this juncture.</p><p style=\"text-align: start;\">This comes after Withers KhattarWong held a town hall meeting for affected Cordlife customers on Friday (May 3). The discussion covered the possible legal actions they could take, as well as the stages that are likely to take place in a class-action lawsuit.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"O10.SI":"远东乌节","STI.SI":"富时新加坡海峡指数","P8A.SI":"康盛人生","BUOU.SI":"星狮物流工业信托","C6L.SI":"新加坡航空公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158858114","content_text":"Market SnapshotSingapore stocks opened higher on Tuesday. STI rose 0.02%, Singtel rose 0.8%, SIA rose 1%, SATS LTD rose 0.8%.Stocks to WatchFrasers Logistics & Commercial Trust : BUOU (FLCT): Its distribution per unit (DPU) for the first half of the fiscal year declined 1.1 per cent to S$0.0348, reported its manager on Tuesday. Though the Reit’s topline grew year on year, this was offset in part by higher vacancies, property operating expenses and finance costs. FLCT units ended Monday S$0.01 or 1 per cent up at S$1.01.Paragon Real Estate Investment Trust : SK6U (Reit): Its gross revenue for the first quarter ended March increased 3 per cent year on year to S$73.8 million. The growth was mainly driven by contributions from Paragon and The Clementi Mall, announced its manager on Monday. Units of Paragon Reit ended down S$0.005 or 0.6 per cent at S$0.84, before the announcement.Aims Apac Reit : O5RU (AA Reit): The industrial and logistics Reit’s DPU for the second half ended March fell 10.2 per cent to S$0.0471 from S$0.05244 a year prior on an enlarged unit base, reported its manager on Tuesday. This was despite an increase in gross revenue and net property income for the period. Units of AA Reit closed S$0.02 or 1.6 per cent higher at S$1.27 on Monday.Lendlease Global Reit : JYEU: Its manager on Monday reported a committed portfolio occupancy of 88.8 per cent for the third quarter ended Mar 31, 2024, up from 87.9 per cent in the previous quarter. Units of Lendlease Global Commercial Reit rose S$0.015 or 2.8 per cent to end at S$0.55, prior to the release of its business update for the quarter. Far East Orchard : O10 (FEOR): The hotel operator and property developer, along with its subsidiaries, are selling Rendezvous Hotel Perth Central and its business for A$18.5 million (S$16.5 million). On Monday, FEOR said the disposal will enable the group to realise the value of the hotel, and in turn, improve capital allocation and optimise returns for the company’s shareholders. Shares of Far East Orchard closed flat at S$1.02, before the news.Singapore Airlines : C6L (SIA): The national flag carrier has agreed to purchase 1,000 tonnes of sustainable aviation fuel from renewable fuel producer Neste. On Monday, SIA said this will make the group and its budget airline Scoot the first carriers to receive sustainable aviation fuel produced at Neste’s Singapore refinery. The counter ended Monday at S$6.55, up S$0.03 or 0.5 per cent, prior to the announcement.Cordlife Group : P8A: The cord-blood bank’s directors have offered different views on who will oversee the company’s ongoing developments in Singapore. This was in response to queries from the Singapore Exchange (SGX) ahead of the company’s May 14 annual general meeting. Shares of Cordlife ended Monday flat at S$0.12, before the latest bourse filing was released. SG Local NewsSIA and Scoot First Airlines to Get Neste's SingaporE-made Sustainable Fuel at Changi AirportThe Singapore Airlines (SIA) Group has signed an agreement with refinery Neste to purchase 1,000 tonnes of neat Neste MY Sustainable Aviation Fuel for airlines SIA and Scoot. This will make the two airlines the first operating out of Changi Airport to receive sustainable aviation fuel (SAF) produced by Neste in Singapore, said SIA, Scoot and Neste in a joint media release on Monday (May 6).Jefferies Asks Judge to Remove Managers of Weiss Multi-StrategyMANAGERS of Weiss Multi-Strategy Advisers are trying to use the company’s bankruptcy case to enrich themselves and should be replaced by a court-approved trustee, Jefferies Financial Group said in a court filing.The move comes days after Weiss filed for court protection and sued Jefferies in US bankruptcy court in Manhattan. The defunct hedge fund is seeking to recover US$20 million, alleging the money either wrongly went to Jefferies over other creditors or was obtained under the threat of litigation. Jefferies has denied the allegations and said Weiss is acting in bad faith.Possible Class Action Lawsuit against Cordlife by Customers Could Take at Least 2 YearsA REPRESENTATIVE action suit against beleaguered cord-blood bank Cordlife could take at least two years to conclude, should affected Cordlife customers decide to go through with such a lawsuit, said partners at law firm Withers KhattarWong.However, the law firm stressed that the case is at an early fact-gathering and consolidation stage, and that it is not recommending that customers take up such a representative action – also known as a class action-type suit – at this juncture.This comes after Withers KhattarWong held a town hall meeting for affected Cordlife customers on Friday (May 3). The discussion covered the possible legal actions they could take, as well as the stages that are likely to take place in a class-action lawsuit.","news_type":1,"symbols_score_info":{"P8A.SI":1.1,"STI.SI":1.1,"BUOU.SI":1.1,"SK6U.SI":1.1,"O10.SI":1.1,"C6L.SI":1.1}},"isVote":1,"tweetType":1,"viewCount":1943,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":303139980460096,"gmtCreate":1715044307013,"gmtModify":1715046223542,"author":{"id":"4110080315536902","authorId":"4110080315536902","name":"RitchieLui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4110080315536902","idStr":"4110080315536902"},"themes":[],"htmlText":"&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;","listText":"&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;","text":"","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/303139980460096","repostId":"1158858114","repostType":2,"repost":{"id":"1158858114","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings","home_visible":1,"media_name":"TigerNews SG","id":"1050470178","head_image":"https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709"},"pubTimestamp":1715044134,"share":"https://ttm.financial/m/news/1158858114?lang=en_US&edition=fundamental","pubTime":"2024-05-07 09:08","market":"sg","language":"en","title":"SG Morning Call | STI Rose 0.02%, SIA Rose 1%, Singtel Rose 0.8%, SATS LTD Rose 0.8%","url":"https://stock-news.laohu8.com/highlight/detail?id=1158858114","media":"TigerNews SG","summary":"Stocks to WatchFrasers Logistics & Commercial Trust : BUOU (FLCT): Its distribution per unit (DPU) for the first half of the fiscal year declined 1.1 per cent to S$0.0348, reported its manager on Tues","content":"<html><head></head><body><h2 id=\"id_2780928662\">Market Snapshot</h2><p>Singapore stocks opened higher on Tuesday. STI rose 0.02%, Singtel rose 0.8%, SIA rose 1%, SATS LTD rose 0.8%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5874359904a8061de27a065fddf2b293\" tg-width=\"307\" tg-height=\"558\"/></p><h2 id=\"id_3813175564\">Stocks to Watch</h2><p><strong>Frasers Logistics &amp; Commercial Trust : BUOU</strong> (FLCT): Its distribution per unit (DPU) for the first half of the fiscal year declined 1.1 per cent to S$0.0348, reported its manager on Tuesday. Though the Reit’s topline grew year on year, this was offset in part by higher vacancies, property operating expenses and finance costs. FLCT units ended Monday S$0.01 or 1 per cent up at S$1.01.</p><p style=\"text-align: start;\"><strong>Paragon Real Estate Investment Trust : SK6U</strong> (Reit): Its gross revenue for the first quarter ended March increased 3 per cent year on year to S$73.8 million. The growth was mainly driven by contributions from Paragon and The Clementi Mall, announced its manager on Monday. Units of Paragon Reit ended down S$0.005 or 0.6 per cent at S$0.84, before the announcement.</p><p style=\"text-align: start;\"><strong>Aims Apac Reit : O5RU</strong> (AA Reit): The industrial and logistics Reit’s DPU for the second half ended March fell 10.2 per cent to S$0.0471 from S$0.05244 a year prior on an enlarged unit base, reported its manager on Tuesday. This was despite an increase in gross revenue and net property income for the period. Units of AA Reit closed S$0.02 or 1.6 per cent higher at S$1.27 on Monday.</p><p style=\"text-align: start;\"><strong>Lendlease Global Reit : JYEU</strong>: Its manager on Monday reported a committed portfolio occupancy of 88.8 per cent for the third quarter ended Mar 31, 2024, up from 87.9 per cent in the previous quarter. Units of Lendlease Global Commercial Reit rose S$0.015 or 2.8 per cent to end at S$0.55, prior to the release of its business update for the quarter. </p><p style=\"text-align: start;\"><strong>Far East Orchard : O10</strong> (FEOR): The hotel operator and property developer, along with its subsidiaries, are selling Rendezvous Hotel Perth Central and its business for A$18.5 million (S$16.5 million). On Monday, FEOR said the disposal will enable the group to realise the value of the hotel, and in turn, improve capital allocation and optimise returns for the company’s shareholders. Shares of Far East Orchard closed flat at S$1.02, before the news.</p><p><strong>Singapore Airlines : C6L</strong> (SIA): The national flag carrier has agreed to purchase 1,000 tonnes of sustainable aviation fuel from renewable fuel producer Neste. On Monday, SIA said this will make the group and its budget airline Scoot the first carriers to receive sustainable aviation fuel produced at Neste’s Singapore refinery. The counter ended Monday at S$6.55, up S$0.03 or 0.5 per cent, prior to the announcement.</p><p style=\"text-align: start;\"><strong>Cordlife Group : P8A</strong>: The cord-blood bank’s directors have offered different views on who will oversee the company’s ongoing developments in Singapore. This was in response to queries from the Singapore Exchange (SGX) ahead of the company’s May 14 annual general meeting. Shares of Cordlife ended Monday flat at S$0.12, before the latest bourse filing was released. </p><h2 id=\"id_3059161784\">SG Local News</h2><h3 id=\"id_889847050\">SIA and Scoot First Airlines to Get Neste&#39;s SingaporE-made Sustainable Fuel at Changi Airport</h3><p>The Singapore Airlines (SIA) Group has signed an agreement with refinery Neste to purchase 1,000 tonnes of neat Neste MY Sustainable Aviation Fuel for airlines SIA and Scoot. </p><p>This will make the two airlines the first operating out of Changi Airport to receive sustainable aviation fuel (SAF) produced by Neste in Singapore, said SIA, Scoot and Neste in a joint media release on Monday (May 6).</p><h3 id=\"id_2633184637\">Jefferies Asks Judge to Remove Managers of Weiss Multi-Strategy</h3><p>MANAGERS of Weiss Multi-Strategy Advisers are trying to use the company’s bankruptcy case to enrich themselves and should be replaced by a court-approved trustee, Jefferies Financial Group said in a court filing.</p><p style=\"text-align: start;\">The move comes days after Weiss filed for court protection and sued Jefferies in US bankruptcy court in Manhattan. The defunct hedge fund is seeking to recover US$20 million, alleging the money either wrongly went to Jefferies over other creditors or was obtained under the threat of litigation. Jefferies has denied the allegations and said Weiss is acting in bad faith.</p><h3 id=\"id_387927790\">Possible Class Action Lawsuit against Cordlife by Customers Could Take at Least 2 Years</h3><p>A REPRESENTATIVE action suit against beleaguered cord-blood bank Cordlife could take at least two years to conclude, should affected Cordlife customers decide to go through with such a lawsuit, said partners at law firm Withers KhattarWong.</p><p style=\"text-align: start;\">However, the law firm stressed that the case is at an early fact-gathering and consolidation stage, and that it is not recommending that customers take up such a representative action – also known as a class action-type suit – at this juncture.</p><p style=\"text-align: start;\">This comes after Withers KhattarWong held a town hall meeting for affected Cordlife customers on Friday (May 3). The discussion covered the possible legal actions they could take, as well as the stages that are likely to take place in a class-action lawsuit.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SG Morning Call | STI Rose 0.02%, SIA Rose 1%, Singtel Rose 0.8%, SATS LTD Rose 0.8%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSG Morning Call | STI Rose 0.02%, SIA Rose 1%, Singtel Rose 0.8%, SATS LTD Rose 0.8%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2024-05-07 09:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h2 id=\"id_2780928662\">Market Snapshot</h2><p>Singapore stocks opened higher on Tuesday. STI rose 0.02%, Singtel rose 0.8%, SIA rose 1%, SATS LTD rose 0.8%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5874359904a8061de27a065fddf2b293\" tg-width=\"307\" tg-height=\"558\"/></p><h2 id=\"id_3813175564\">Stocks to Watch</h2><p><strong>Frasers Logistics &amp; Commercial Trust : BUOU</strong> (FLCT): Its distribution per unit (DPU) for the first half of the fiscal year declined 1.1 per cent to S$0.0348, reported its manager on Tuesday. Though the Reit’s topline grew year on year, this was offset in part by higher vacancies, property operating expenses and finance costs. FLCT units ended Monday S$0.01 or 1 per cent up at S$1.01.</p><p style=\"text-align: start;\"><strong>Paragon Real Estate Investment Trust : SK6U</strong> (Reit): Its gross revenue for the first quarter ended March increased 3 per cent year on year to S$73.8 million. The growth was mainly driven by contributions from Paragon and The Clementi Mall, announced its manager on Monday. Units of Paragon Reit ended down S$0.005 or 0.6 per cent at S$0.84, before the announcement.</p><p style=\"text-align: start;\"><strong>Aims Apac Reit : O5RU</strong> (AA Reit): The industrial and logistics Reit’s DPU for the second half ended March fell 10.2 per cent to S$0.0471 from S$0.05244 a year prior on an enlarged unit base, reported its manager on Tuesday. This was despite an increase in gross revenue and net property income for the period. Units of AA Reit closed S$0.02 or 1.6 per cent higher at S$1.27 on Monday.</p><p style=\"text-align: start;\"><strong>Lendlease Global Reit : JYEU</strong>: Its manager on Monday reported a committed portfolio occupancy of 88.8 per cent for the third quarter ended Mar 31, 2024, up from 87.9 per cent in the previous quarter. Units of Lendlease Global Commercial Reit rose S$0.015 or 2.8 per cent to end at S$0.55, prior to the release of its business update for the quarter. </p><p style=\"text-align: start;\"><strong>Far East Orchard : O10</strong> (FEOR): The hotel operator and property developer, along with its subsidiaries, are selling Rendezvous Hotel Perth Central and its business for A$18.5 million (S$16.5 million). On Monday, FEOR said the disposal will enable the group to realise the value of the hotel, and in turn, improve capital allocation and optimise returns for the company’s shareholders. Shares of Far East Orchard closed flat at S$1.02, before the news.</p><p><strong>Singapore Airlines : C6L</strong> (SIA): The national flag carrier has agreed to purchase 1,000 tonnes of sustainable aviation fuel from renewable fuel producer Neste. On Monday, SIA said this will make the group and its budget airline Scoot the first carriers to receive sustainable aviation fuel produced at Neste’s Singapore refinery. The counter ended Monday at S$6.55, up S$0.03 or 0.5 per cent, prior to the announcement.</p><p style=\"text-align: start;\"><strong>Cordlife Group : P8A</strong>: The cord-blood bank’s directors have offered different views on who will oversee the company’s ongoing developments in Singapore. This was in response to queries from the Singapore Exchange (SGX) ahead of the company’s May 14 annual general meeting. Shares of Cordlife ended Monday flat at S$0.12, before the latest bourse filing was released. </p><h2 id=\"id_3059161784\">SG Local News</h2><h3 id=\"id_889847050\">SIA and Scoot First Airlines to Get Neste&#39;s SingaporE-made Sustainable Fuel at Changi Airport</h3><p>The Singapore Airlines (SIA) Group has signed an agreement with refinery Neste to purchase 1,000 tonnes of neat Neste MY Sustainable Aviation Fuel for airlines SIA and Scoot. </p><p>This will make the two airlines the first operating out of Changi Airport to receive sustainable aviation fuel (SAF) produced by Neste in Singapore, said SIA, Scoot and Neste in a joint media release on Monday (May 6).</p><h3 id=\"id_2633184637\">Jefferies Asks Judge to Remove Managers of Weiss Multi-Strategy</h3><p>MANAGERS of Weiss Multi-Strategy Advisers are trying to use the company’s bankruptcy case to enrich themselves and should be replaced by a court-approved trustee, Jefferies Financial Group said in a court filing.</p><p style=\"text-align: start;\">The move comes days after Weiss filed for court protection and sued Jefferies in US bankruptcy court in Manhattan. The defunct hedge fund is seeking to recover US$20 million, alleging the money either wrongly went to Jefferies over other creditors or was obtained under the threat of litigation. Jefferies has denied the allegations and said Weiss is acting in bad faith.</p><h3 id=\"id_387927790\">Possible Class Action Lawsuit against Cordlife by Customers Could Take at Least 2 Years</h3><p>A REPRESENTATIVE action suit against beleaguered cord-blood bank Cordlife could take at least two years to conclude, should affected Cordlife customers decide to go through with such a lawsuit, said partners at law firm Withers KhattarWong.</p><p style=\"text-align: start;\">However, the law firm stressed that the case is at an early fact-gathering and consolidation stage, and that it is not recommending that customers take up such a representative action – also known as a class action-type suit – at this juncture.</p><p style=\"text-align: start;\">This comes after Withers KhattarWong held a town hall meeting for affected Cordlife customers on Friday (May 3). The discussion covered the possible legal actions they could take, as well as the stages that are likely to take place in a class-action lawsuit.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"O10.SI":"远东乌节","STI.SI":"富时新加坡海峡指数","P8A.SI":"康盛人生","BUOU.SI":"星狮物流工业信托","C6L.SI":"新加坡航空公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158858114","content_text":"Market SnapshotSingapore stocks opened higher on Tuesday. STI rose 0.02%, Singtel rose 0.8%, SIA rose 1%, SATS LTD rose 0.8%.Stocks to WatchFrasers Logistics & Commercial Trust : BUOU (FLCT): Its distribution per unit (DPU) for the first half of the fiscal year declined 1.1 per cent to S$0.0348, reported its manager on Tuesday. Though the Reit’s topline grew year on year, this was offset in part by higher vacancies, property operating expenses and finance costs. FLCT units ended Monday S$0.01 or 1 per cent up at S$1.01.Paragon Real Estate Investment Trust : SK6U (Reit): Its gross revenue for the first quarter ended March increased 3 per cent year on year to S$73.8 million. The growth was mainly driven by contributions from Paragon and The Clementi Mall, announced its manager on Monday. Units of Paragon Reit ended down S$0.005 or 0.6 per cent at S$0.84, before the announcement.Aims Apac Reit : O5RU (AA Reit): The industrial and logistics Reit’s DPU for the second half ended March fell 10.2 per cent to S$0.0471 from S$0.05244 a year prior on an enlarged unit base, reported its manager on Tuesday. This was despite an increase in gross revenue and net property income for the period. Units of AA Reit closed S$0.02 or 1.6 per cent higher at S$1.27 on Monday.Lendlease Global Reit : JYEU: Its manager on Monday reported a committed portfolio occupancy of 88.8 per cent for the third quarter ended Mar 31, 2024, up from 87.9 per cent in the previous quarter. Units of Lendlease Global Commercial Reit rose S$0.015 or 2.8 per cent to end at S$0.55, prior to the release of its business update for the quarter. Far East Orchard : O10 (FEOR): The hotel operator and property developer, along with its subsidiaries, are selling Rendezvous Hotel Perth Central and its business for A$18.5 million (S$16.5 million). On Monday, FEOR said the disposal will enable the group to realise the value of the hotel, and in turn, improve capital allocation and optimise returns for the company’s shareholders. Shares of Far East Orchard closed flat at S$1.02, before the news.Singapore Airlines : C6L (SIA): The national flag carrier has agreed to purchase 1,000 tonnes of sustainable aviation fuel from renewable fuel producer Neste. On Monday, SIA said this will make the group and its budget airline Scoot the first carriers to receive sustainable aviation fuel produced at Neste’s Singapore refinery. The counter ended Monday at S$6.55, up S$0.03 or 0.5 per cent, prior to the announcement.Cordlife Group : P8A: The cord-blood bank’s directors have offered different views on who will oversee the company’s ongoing developments in Singapore. This was in response to queries from the Singapore Exchange (SGX) ahead of the company’s May 14 annual general meeting. Shares of Cordlife ended Monday flat at S$0.12, before the latest bourse filing was released. SG Local NewsSIA and Scoot First Airlines to Get Neste's SingaporE-made Sustainable Fuel at Changi AirportThe Singapore Airlines (SIA) Group has signed an agreement with refinery Neste to purchase 1,000 tonnes of neat Neste MY Sustainable Aviation Fuel for airlines SIA and Scoot. This will make the two airlines the first operating out of Changi Airport to receive sustainable aviation fuel (SAF) produced by Neste in Singapore, said SIA, Scoot and Neste in a joint media release on Monday (May 6).Jefferies Asks Judge to Remove Managers of Weiss Multi-StrategyMANAGERS of Weiss Multi-Strategy Advisers are trying to use the company’s bankruptcy case to enrich themselves and should be replaced by a court-approved trustee, Jefferies Financial Group said in a court filing.The move comes days after Weiss filed for court protection and sued Jefferies in US bankruptcy court in Manhattan. The defunct hedge fund is seeking to recover US$20 million, alleging the money either wrongly went to Jefferies over other creditors or was obtained under the threat of litigation. Jefferies has denied the allegations and said Weiss is acting in bad faith.Possible Class Action Lawsuit against Cordlife by Customers Could Take at Least 2 YearsA REPRESENTATIVE action suit against beleaguered cord-blood bank Cordlife could take at least two years to conclude, should affected Cordlife customers decide to go through with such a lawsuit, said partners at law firm Withers KhattarWong.However, the law firm stressed that the case is at an early fact-gathering and consolidation stage, and that it is not recommending that customers take up such a representative action – also known as a class action-type suit – at this juncture.This comes after Withers KhattarWong held a town hall meeting for affected Cordlife customers on Friday (May 3). The discussion covered the possible legal actions they could take, as well as the stages that are likely to take place in a class-action lawsuit.","news_type":1,"symbols_score_info":{"P8A.SI":1.1,"STI.SI":1.1,"BUOU.SI":1.1,"SK6U.SI":1.1,"O10.SI":1.1,"C6L.SI":1.1}},"isVote":1,"tweetType":1,"viewCount":1704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":303139814006848,"gmtCreate":1715044266375,"gmtModify":1715046220704,"author":{"id":"4110080315536902","authorId":"4110080315536902","name":"RitchieLui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4110080315536902","idStr":"4110080315536902"},"themes":[],"htmlText":"Z The&nbsp;","listText":"Z The&nbsp;","text":"Z The","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/303139814006848","repostId":"1158858114","repostType":2,"repost":{"id":"1158858114","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings","home_visible":1,"media_name":"TigerNews SG","id":"1050470178","head_image":"https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709"},"pubTimestamp":1715044134,"share":"https://ttm.financial/m/news/1158858114?lang=en_US&edition=fundamental","pubTime":"2024-05-07 09:08","market":"sg","language":"en","title":"SG Morning Call | STI Rose 0.02%, SIA Rose 1%, Singtel Rose 0.8%, SATS LTD Rose 0.8%","url":"https://stock-news.laohu8.com/highlight/detail?id=1158858114","media":"TigerNews SG","summary":"Stocks to WatchFrasers Logistics & Commercial Trust : BUOU (FLCT): Its distribution per unit (DPU) for the first half of the fiscal year declined 1.1 per cent to S$0.0348, reported its manager on Tues","content":"<html><head></head><body><h2 id=\"id_2780928662\">Market Snapshot</h2><p>Singapore stocks opened higher on Tuesday. STI rose 0.02%, Singtel rose 0.8%, SIA rose 1%, SATS LTD rose 0.8%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5874359904a8061de27a065fddf2b293\" tg-width=\"307\" tg-height=\"558\"/></p><h2 id=\"id_3813175564\">Stocks to Watch</h2><p><strong>Frasers Logistics &amp; Commercial Trust : BUOU</strong> (FLCT): Its distribution per unit (DPU) for the first half of the fiscal year declined 1.1 per cent to S$0.0348, reported its manager on Tuesday. Though the Reit’s topline grew year on year, this was offset in part by higher vacancies, property operating expenses and finance costs. FLCT units ended Monday S$0.01 or 1 per cent up at S$1.01.</p><p style=\"text-align: start;\"><strong>Paragon Real Estate Investment Trust : SK6U</strong> (Reit): Its gross revenue for the first quarter ended March increased 3 per cent year on year to S$73.8 million. The growth was mainly driven by contributions from Paragon and The Clementi Mall, announced its manager on Monday. Units of Paragon Reit ended down S$0.005 or 0.6 per cent at S$0.84, before the announcement.</p><p style=\"text-align: start;\"><strong>Aims Apac Reit : O5RU</strong> (AA Reit): The industrial and logistics Reit’s DPU for the second half ended March fell 10.2 per cent to S$0.0471 from S$0.05244 a year prior on an enlarged unit base, reported its manager on Tuesday. This was despite an increase in gross revenue and net property income for the period. Units of AA Reit closed S$0.02 or 1.6 per cent higher at S$1.27 on Monday.</p><p style=\"text-align: start;\"><strong>Lendlease Global Reit : JYEU</strong>: Its manager on Monday reported a committed portfolio occupancy of 88.8 per cent for the third quarter ended Mar 31, 2024, up from 87.9 per cent in the previous quarter. Units of Lendlease Global Commercial Reit rose S$0.015 or 2.8 per cent to end at S$0.55, prior to the release of its business update for the quarter. </p><p style=\"text-align: start;\"><strong>Far East Orchard : O10</strong> (FEOR): The hotel operator and property developer, along with its subsidiaries, are selling Rendezvous Hotel Perth Central and its business for A$18.5 million (S$16.5 million). On Monday, FEOR said the disposal will enable the group to realise the value of the hotel, and in turn, improve capital allocation and optimise returns for the company’s shareholders. Shares of Far East Orchard closed flat at S$1.02, before the news.</p><p><strong>Singapore Airlines : C6L</strong> (SIA): The national flag carrier has agreed to purchase 1,000 tonnes of sustainable aviation fuel from renewable fuel producer Neste. On Monday, SIA said this will make the group and its budget airline Scoot the first carriers to receive sustainable aviation fuel produced at Neste’s Singapore refinery. The counter ended Monday at S$6.55, up S$0.03 or 0.5 per cent, prior to the announcement.</p><p style=\"text-align: start;\"><strong>Cordlife Group : P8A</strong>: The cord-blood bank’s directors have offered different views on who will oversee the company’s ongoing developments in Singapore. This was in response to queries from the Singapore Exchange (SGX) ahead of the company’s May 14 annual general meeting. Shares of Cordlife ended Monday flat at S$0.12, before the latest bourse filing was released. </p><h2 id=\"id_3059161784\">SG Local News</h2><h3 id=\"id_889847050\">SIA and Scoot First Airlines to Get Neste&#39;s SingaporE-made Sustainable Fuel at Changi Airport</h3><p>The Singapore Airlines (SIA) Group has signed an agreement with refinery Neste to purchase 1,000 tonnes of neat Neste MY Sustainable Aviation Fuel for airlines SIA and Scoot. </p><p>This will make the two airlines the first operating out of Changi Airport to receive sustainable aviation fuel (SAF) produced by Neste in Singapore, said SIA, Scoot and Neste in a joint media release on Monday (May 6).</p><h3 id=\"id_2633184637\">Jefferies Asks Judge to Remove Managers of Weiss Multi-Strategy</h3><p>MANAGERS of Weiss Multi-Strategy Advisers are trying to use the company’s bankruptcy case to enrich themselves and should be replaced by a court-approved trustee, Jefferies Financial Group said in a court filing.</p><p style=\"text-align: start;\">The move comes days after Weiss filed for court protection and sued Jefferies in US bankruptcy court in Manhattan. The defunct hedge fund is seeking to recover US$20 million, alleging the money either wrongly went to Jefferies over other creditors or was obtained under the threat of litigation. Jefferies has denied the allegations and said Weiss is acting in bad faith.</p><h3 id=\"id_387927790\">Possible Class Action Lawsuit against Cordlife by Customers Could Take at Least 2 Years</h3><p>A REPRESENTATIVE action suit against beleaguered cord-blood bank Cordlife could take at least two years to conclude, should affected Cordlife customers decide to go through with such a lawsuit, said partners at law firm Withers KhattarWong.</p><p style=\"text-align: start;\">However, the law firm stressed that the case is at an early fact-gathering and consolidation stage, and that it is not recommending that customers take up such a representative action – also known as a class action-type suit – at this juncture.</p><p style=\"text-align: start;\">This comes after Withers KhattarWong held a town hall meeting for affected Cordlife customers on Friday (May 3). The discussion covered the possible legal actions they could take, as well as the stages that are likely to take place in a class-action lawsuit.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SG Morning Call | STI Rose 0.02%, SIA Rose 1%, Singtel Rose 0.8%, SATS LTD Rose 0.8%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSG Morning Call | STI Rose 0.02%, SIA Rose 1%, Singtel Rose 0.8%, SATS LTD Rose 0.8%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2024-05-07 09:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h2 id=\"id_2780928662\">Market Snapshot</h2><p>Singapore stocks opened higher on Tuesday. STI rose 0.02%, Singtel rose 0.8%, SIA rose 1%, SATS LTD rose 0.8%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5874359904a8061de27a065fddf2b293\" tg-width=\"307\" tg-height=\"558\"/></p><h2 id=\"id_3813175564\">Stocks to Watch</h2><p><strong>Frasers Logistics &amp; Commercial Trust : BUOU</strong> (FLCT): Its distribution per unit (DPU) for the first half of the fiscal year declined 1.1 per cent to S$0.0348, reported its manager on Tuesday. Though the Reit’s topline grew year on year, this was offset in part by higher vacancies, property operating expenses and finance costs. FLCT units ended Monday S$0.01 or 1 per cent up at S$1.01.</p><p style=\"text-align: start;\"><strong>Paragon Real Estate Investment Trust : SK6U</strong> (Reit): Its gross revenue for the first quarter ended March increased 3 per cent year on year to S$73.8 million. The growth was mainly driven by contributions from Paragon and The Clementi Mall, announced its manager on Monday. Units of Paragon Reit ended down S$0.005 or 0.6 per cent at S$0.84, before the announcement.</p><p style=\"text-align: start;\"><strong>Aims Apac Reit : O5RU</strong> (AA Reit): The industrial and logistics Reit’s DPU for the second half ended March fell 10.2 per cent to S$0.0471 from S$0.05244 a year prior on an enlarged unit base, reported its manager on Tuesday. This was despite an increase in gross revenue and net property income for the period. Units of AA Reit closed S$0.02 or 1.6 per cent higher at S$1.27 on Monday.</p><p style=\"text-align: start;\"><strong>Lendlease Global Reit : JYEU</strong>: Its manager on Monday reported a committed portfolio occupancy of 88.8 per cent for the third quarter ended Mar 31, 2024, up from 87.9 per cent in the previous quarter. Units of Lendlease Global Commercial Reit rose S$0.015 or 2.8 per cent to end at S$0.55, prior to the release of its business update for the quarter. </p><p style=\"text-align: start;\"><strong>Far East Orchard : O10</strong> (FEOR): The hotel operator and property developer, along with its subsidiaries, are selling Rendezvous Hotel Perth Central and its business for A$18.5 million (S$16.5 million). On Monday, FEOR said the disposal will enable the group to realise the value of the hotel, and in turn, improve capital allocation and optimise returns for the company’s shareholders. Shares of Far East Orchard closed flat at S$1.02, before the news.</p><p><strong>Singapore Airlines : C6L</strong> (SIA): The national flag carrier has agreed to purchase 1,000 tonnes of sustainable aviation fuel from renewable fuel producer Neste. On Monday, SIA said this will make the group and its budget airline Scoot the first carriers to receive sustainable aviation fuel produced at Neste’s Singapore refinery. The counter ended Monday at S$6.55, up S$0.03 or 0.5 per cent, prior to the announcement.</p><p style=\"text-align: start;\"><strong>Cordlife Group : P8A</strong>: The cord-blood bank’s directors have offered different views on who will oversee the company’s ongoing developments in Singapore. This was in response to queries from the Singapore Exchange (SGX) ahead of the company’s May 14 annual general meeting. Shares of Cordlife ended Monday flat at S$0.12, before the latest bourse filing was released. </p><h2 id=\"id_3059161784\">SG Local News</h2><h3 id=\"id_889847050\">SIA and Scoot First Airlines to Get Neste&#39;s SingaporE-made Sustainable Fuel at Changi Airport</h3><p>The Singapore Airlines (SIA) Group has signed an agreement with refinery Neste to purchase 1,000 tonnes of neat Neste MY Sustainable Aviation Fuel for airlines SIA and Scoot. </p><p>This will make the two airlines the first operating out of Changi Airport to receive sustainable aviation fuel (SAF) produced by Neste in Singapore, said SIA, Scoot and Neste in a joint media release on Monday (May 6).</p><h3 id=\"id_2633184637\">Jefferies Asks Judge to Remove Managers of Weiss Multi-Strategy</h3><p>MANAGERS of Weiss Multi-Strategy Advisers are trying to use the company’s bankruptcy case to enrich themselves and should be replaced by a court-approved trustee, Jefferies Financial Group said in a court filing.</p><p style=\"text-align: start;\">The move comes days after Weiss filed for court protection and sued Jefferies in US bankruptcy court in Manhattan. The defunct hedge fund is seeking to recover US$20 million, alleging the money either wrongly went to Jefferies over other creditors or was obtained under the threat of litigation. Jefferies has denied the allegations and said Weiss is acting in bad faith.</p><h3 id=\"id_387927790\">Possible Class Action Lawsuit against Cordlife by Customers Could Take at Least 2 Years</h3><p>A REPRESENTATIVE action suit against beleaguered cord-blood bank Cordlife could take at least two years to conclude, should affected Cordlife customers decide to go through with such a lawsuit, said partners at law firm Withers KhattarWong.</p><p style=\"text-align: start;\">However, the law firm stressed that the case is at an early fact-gathering and consolidation stage, and that it is not recommending that customers take up such a representative action – also known as a class action-type suit – at this juncture.</p><p style=\"text-align: start;\">This comes after Withers KhattarWong held a town hall meeting for affected Cordlife customers on Friday (May 3). The discussion covered the possible legal actions they could take, as well as the stages that are likely to take place in a class-action lawsuit.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"O10.SI":"远东乌节","STI.SI":"富时新加坡海峡指数","P8A.SI":"康盛人生","BUOU.SI":"星狮物流工业信托","C6L.SI":"新加坡航空公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158858114","content_text":"Market SnapshotSingapore stocks opened higher on Tuesday. STI rose 0.02%, Singtel rose 0.8%, SIA rose 1%, SATS LTD rose 0.8%.Stocks to WatchFrasers Logistics & Commercial Trust : BUOU (FLCT): Its distribution per unit (DPU) for the first half of the fiscal year declined 1.1 per cent to S$0.0348, reported its manager on Tuesday. Though the Reit’s topline grew year on year, this was offset in part by higher vacancies, property operating expenses and finance costs. FLCT units ended Monday S$0.01 or 1 per cent up at S$1.01.Paragon Real Estate Investment Trust : SK6U (Reit): Its gross revenue for the first quarter ended March increased 3 per cent year on year to S$73.8 million. The growth was mainly driven by contributions from Paragon and The Clementi Mall, announced its manager on Monday. Units of Paragon Reit ended down S$0.005 or 0.6 per cent at S$0.84, before the announcement.Aims Apac Reit : O5RU (AA Reit): The industrial and logistics Reit’s DPU for the second half ended March fell 10.2 per cent to S$0.0471 from S$0.05244 a year prior on an enlarged unit base, reported its manager on Tuesday. This was despite an increase in gross revenue and net property income for the period. Units of AA Reit closed S$0.02 or 1.6 per cent higher at S$1.27 on Monday.Lendlease Global Reit : JYEU: Its manager on Monday reported a committed portfolio occupancy of 88.8 per cent for the third quarter ended Mar 31, 2024, up from 87.9 per cent in the previous quarter. Units of Lendlease Global Commercial Reit rose S$0.015 or 2.8 per cent to end at S$0.55, prior to the release of its business update for the quarter. Far East Orchard : O10 (FEOR): The hotel operator and property developer, along with its subsidiaries, are selling Rendezvous Hotel Perth Central and its business for A$18.5 million (S$16.5 million). On Monday, FEOR said the disposal will enable the group to realise the value of the hotel, and in turn, improve capital allocation and optimise returns for the company’s shareholders. Shares of Far East Orchard closed flat at S$1.02, before the news.Singapore Airlines : C6L (SIA): The national flag carrier has agreed to purchase 1,000 tonnes of sustainable aviation fuel from renewable fuel producer Neste. On Monday, SIA said this will make the group and its budget airline Scoot the first carriers to receive sustainable aviation fuel produced at Neste’s Singapore refinery. The counter ended Monday at S$6.55, up S$0.03 or 0.5 per cent, prior to the announcement.Cordlife Group : P8A: The cord-blood bank’s directors have offered different views on who will oversee the company’s ongoing developments in Singapore. This was in response to queries from the Singapore Exchange (SGX) ahead of the company’s May 14 annual general meeting. Shares of Cordlife ended Monday flat at S$0.12, before the latest bourse filing was released. SG Local NewsSIA and Scoot First Airlines to Get Neste's SingaporE-made Sustainable Fuel at Changi AirportThe Singapore Airlines (SIA) Group has signed an agreement with refinery Neste to purchase 1,000 tonnes of neat Neste MY Sustainable Aviation Fuel for airlines SIA and Scoot. This will make the two airlines the first operating out of Changi Airport to receive sustainable aviation fuel (SAF) produced by Neste in Singapore, said SIA, Scoot and Neste in a joint media release on Monday (May 6).Jefferies Asks Judge to Remove Managers of Weiss Multi-StrategyMANAGERS of Weiss Multi-Strategy Advisers are trying to use the company’s bankruptcy case to enrich themselves and should be replaced by a court-approved trustee, Jefferies Financial Group said in a court filing.The move comes days after Weiss filed for court protection and sued Jefferies in US bankruptcy court in Manhattan. The defunct hedge fund is seeking to recover US$20 million, alleging the money either wrongly went to Jefferies over other creditors or was obtained under the threat of litigation. Jefferies has denied the allegations and said Weiss is acting in bad faith.Possible Class Action Lawsuit against Cordlife by Customers Could Take at Least 2 YearsA REPRESENTATIVE action suit against beleaguered cord-blood bank Cordlife could take at least two years to conclude, should affected Cordlife customers decide to go through with such a lawsuit, said partners at law firm Withers KhattarWong.However, the law firm stressed that the case is at an early fact-gathering and consolidation stage, and that it is not recommending that customers take up such a representative action – also known as a class action-type suit – at this juncture.This comes after Withers KhattarWong held a town hall meeting for affected Cordlife customers on Friday (May 3). The discussion covered the possible legal actions they could take, as well as the stages that are likely to take place in a class-action lawsuit.","news_type":1,"symbols_score_info":{"P8A.SI":1.1,"STI.SI":1.1,"BUOU.SI":1.1,"SK6U.SI":1.1,"O10.SI":1.1,"C6L.SI":1.1}},"isVote":1,"tweetType":1,"viewCount":1943,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":461569989173512,"gmtCreate":1753706271060,"gmtModify":1753708628916,"author":{"id":"4110080315536902","authorId":"4110080315536902","name":"RitchieLui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4110080315536902","idStr":"4110080315536902"},"themes":[],"htmlText":"When does jetstar cease operation?","listText":"When does jetstar cease operation?","text":"When does jetstar cease operation?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/461569989173512","repostId":"1120245088","repostType":2,"repost":{"id":"1120245088","kind":"news","pubTimestamp":1753696828,"share":"https://ttm.financial/m/news/1120245088?lang=en_US&edition=fundamental","pubTime":"2025-07-28 18:00","market":"sg","language":"en","title":"Singapore Air Profit Tumbles as Air India Losses Hit Bottomline","url":"https://stock-news.laohu8.com/highlight/detail?id=1120245088","media":"Bloomberg","summary":"Singapore Airlines Ltd.’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results.Net income tumbled 59% to S$186...","content":"<div>\n<p>Singapore Airlines Ltd.’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results.Net income tumbled 59% to S$186 million...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-07-28/singapore-air-profit-tumbles-as-air-india-losses-hit-bottomline?srnd=homepage-asia\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Air Profit Tumbles as Air India Losses Hit Bottomline</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Air Profit Tumbles as Air India Losses Hit Bottomline\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-07-28 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-07-28/singapore-air-profit-tumbles-as-air-india-losses-hit-bottomline?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore Airlines Ltd.’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results.Net income tumbled 59% to S$186 million...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-07-28/singapore-air-profit-tumbles-as-air-india-losses-hit-bottomline?srnd=homepage-asia\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C6L.SI":"新加坡航空公司"},"source_url":"https://www.bloomberg.com/news/articles/2025-07-28/singapore-air-profit-tumbles-as-air-india-losses-hit-bottomline?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120245088","content_text":"Singapore Airlines Ltd.’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results.Net income tumbled 59% to S$186 million ($145 million) in the three months ended June 30, the carrier said in a statement Monday. Revenue rose 1.5% to S$4.79 billion, bolstered by record travel volumes and strong cargo demand.The airline group carried a record 10.3 million passengers in the quarter, up about 7%. The increase was largely driven by its low-cost Scoot unit, as the main brand saw softer demand on long-haul flights.Singapore Air said demand into the second quarter “remains healthy,” though it is cautious about the outlook due to with geopolitical and macroeconomic volatility.The carrier offers the first glimpse as to how the headwinds are playing out in Asia, with major Western airlines painting a mixed picture. Earlier this month, American Airlines Group Inc. scaled back its earnings outlook after deep fare discounts to entice reluctant travelers, while Delta Air Lines Inc. gave a more upbeat outlook about demand and United Airlines Holdings Inc. said customers have resumed booking flights.The carrier’s group capacity still remains 6.7% lower than a pre-Covid peak. In the months ahead, it will tighten its grip in its home market as rival Jetstar Asia prepares to operate its last flight on Thursday. Singapore Air has pledged to take over much of the capacity left by Jetstar Asia’s exit.Shares in the airline closed 0.4% higher Monday, taking gains this year to 18%","news_type":1,"symbols_score_info":{"C6L.SI":1.1}},"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":469934608777912,"gmtCreate":1755767399496,"gmtModify":1755770301636,"author":{"id":"4110080315536902","authorId":"4110080315536902","name":"RitchieLui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4110080315536902","idStr":"4110080315536902"},"themes":[],"htmlText":"Patience and Perseverance&nbsp;are 2&nbsp;key factors to be successful and profitable in investing Investing is a lifelong learning pursuit ☺️","listText":"Patience and Perseverance&nbsp;are 2&nbsp;key factors to be successful and profitable in investing Investing is a lifelong learning pursuit ☺️","text":"Patience and Perseverance are 2 key factors to be successful and profitable in investing Investing is a lifelong learning pursuit ☺️","images":[{"img":"https://community-static.tradeup.com/news/943d1177442afd09a66bcb5ebafeb5b4","width":"1125","height":"1476"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/469934608777912","isVote":1,"tweetType":1,"viewCount":450,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}