Yahoo's net profit fell 19 per cent but investors took heart that it did not change its outlook despite a weakening US economy and the distraction of Microsoft Corp's failed takeover bid.
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FEARS that Neptune Orient Lines (NOL) may overpay for Germany's Hapag-Lloyd could be premature, at least in current circumstances. NOL had on Tuesday submitted an indicative bid for Hapag-Lloyd, the shipping arm of German group TUI.
A DISTRICT 10 collective sale site at Robin Drive, off Bukit Timah Road, has been relaunched for sale - with a new asking price as much as 40 per cent lower in view of the current market sentiment.