Business
China’s US$470 billion oil and gas splurge is just the start
The Asian nation still consumes far more than it produces, and that is unlikely to change any time soon Some 20 kilometres out from the…
Section
Business
Business
Lendlease Reit acquires remaining 70% of PLQ Mall for S$246.8 million
Deal will be financed by proposed private placement of units priced at S$0.597 to S$0.616 each The manager of Lendlease Global Commercial…
Business
Lendlease Reit acquires 70% of PLQ Mall
Deal will be financed by proposed private placement of units priced at S$0.597 to S$0.616 each The manager of Lendlease Global Commercial…
Business
Gold edges up on bargain-hunting as market awaits US jobs data
Bullion hit a record high of US$4,381.21 on Oct 20, but has fallen close to 10% since then. Gold prices edged higher on Wednesday (Nov 5)…
Business
Indonesian bonds hit by foreign fund outflows on policy woes
Foreign investors sold Indonesian government bonds again last month, underscoring concerns over the government’s plans to increase…
Business
Yangzijiang Shipbuilding tumbles 5% after BlackRock sells 37.8 million shares
Shares of Yangzijiang Shipbuilding fell as much as 5 per cent on Wednesday (Nov 5) after asset manager BlackRock ceased to be a…
Business
Yangzijiang Shipbuilding falls 2.9% after BlackRock sells 37.8 million shares
Shares of Yangzijiang Shipbuilding fell as much as 5 per cent on Wednesday (Nov 5) after asset manager BlackRock ceased to be a…
Business
Stocks to watch: SIA Engineering, Parkway Life Reit, Lendlease Reit, Aims Apac Reit, Manulife US Reit
The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 5): SIA Engineering: The…
Business
‘All the signs are positive’: Manulife US Reit manager sees improved outlook on US office recovery
Some 81,000 sq ft of leases have been executed in the quarter, making up 2.3% of the portfolio’s net lettable area The manager of Manulife…
Business
Tesla’s UK car sales halve in October, New Automotive data shows
TESLA’S UK car sales halved year-over-year in October, data from research group New AutoMotive showed on Wednesday, echoing the steep…
Business
Aims Apac Reit’s H1 DPU rises 1.1% to S$0.0472
Aims Apac Reit’s distribution per unit (DPU) for the first half of FY2026 was recorded on Wednesday (Nov 5) at S$0.0472, up 1.1 per cent…
Business
Parkway Life Reit Q3 DPU up 2.3% at S$0.1156
Parkway Life Reit has raised its third-quarter distribution per unit (DPU) by 2.3 per cent to S$0.1156 from S$0.113 in the previous…
Business
Yum Brands mulls Pizza Hut sale as Taco Bell drives third-quarter beat
YUM Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain struggling in a highly competitive fast-food…
Business
Bitcoin falls below US$100,000 as risk-off mood weighs on crypto
Bitcoin has wiped out its summer rally, giving back gains made during Wall Street’s euphoric embrace and a surge in institutional buying.…
Business
Seizing opportunities in Asean
Chinese companies eyeing expansion in the region will need to have deep local understanding, adaptable strategies and trusted financial…
Business
Singapore does not seek for Singdollar to be reserve currency: MAS’ Chia Der Jiun
The Monetary Authority of Singapore (MAS) does not seek for the Singapore dollar to become a reserve currency, said its managing director…
Business
Singapore not aiming for Singdollar to be reserve currency: MAS’ Chia Der Jiun
It has safe‑haven appeal and other attributes of a reserve currency, but lacks scale, analysts say The Monetary Authority of Singapore…
Business
AMD’s outlook fails to wow investors after AI-fuelled rally
Investors have bet heavily on the company following blockbuster agreements with OpenAI and Oracle Advanced Micro Devices (AMD), the main…
Business
New lawsuit alleges Spotify allows streaming fraud
A NEW lawsuit alleges streaming giant Spotify turns a blind eye to vast networks of bots that inflate streaming figures to benefit…
Business
Apple prepares to enter low-cost laptop market for first time
The company plans to sell the new machine for well under US$1,000 by using less-advanced components Apple is preparing to enter the…
Business
Government shutdown could close some US airspace, airline stocks fall
The last time the US fully closed its airspace for domestic air traffic was on Sep 11, 2001, in response to terrorist attacks US…
Business
IBM to cut thousands of jobs in fourth quarter amid software focus
IBM will cut roles this quarter, the company said on Tuesday (Nov 4), potentially impacting thousands of employees while it shifts focus…
Business
US: Wall Street ends lower as bank CEOs warn of possible pullback, fueling tech bubble jitters
US stocks closed sharply lower on Tuesday as big banks warned that equity markets could be headed for a drawdown, reflecting mounting…
Business
Europe: Stoxx 600 hits two-week lows on global risk-off mood, mixed earnings
EUROPEAN shares fell on Tuesday to their lowest point in more than two weeks, echoing a broader risk-off mood across global markets, as…