Business
OUE Reit H2 DPU up 10.6% at S$0.0125
However, revenue falls 4.2% due to no contributions from Lippo Plaza Shanghai, which the Reit had divested The manager of OUE Real Estate…
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Business
Business
Keppel Infrastructure Trust secures S$100 million loan facility
The trustee-manager of Keppel Infrastructure Trust (KIT) on Monday (Jan 26) announced that it has obtained a S$100 million loan facility.…
Business
CICC rebuilds IPO pipeline to focus on ‘most promising’ deals
Talent retention remains a strategic focus for CICC amid industry-wide competition China International Capital is rebuilding its pipeline…
Business
Low Keng Huat privatisation crosses 90% threshold
Consistent Record’s final offer of S$0.78 a share is 8.3% or S$0.06 higher than its initial price Mainboard-listed construction and…
Business
Mapletree Logistics Trust Q3 DPU falls to S$0.01816
Mapletree Logistics Trust (MLT) posted a distribution per unit (DPU) of S$0.01816 for the third quarter ended Dec 31. This was a 9.3 per…
Business
Banking trio ends lower, weighing on STI
Across the broader market, decliners outnumber gainers 310 to 259 after 1.6 billion securities worth S$1.7 billion change hands Singapore…
Business
SoftBank stops talks to buy data centre firm Switch
O] SoftBank Group has halted talks about an acquisition of US data centre operator Switch, a setback to founder Masayoshi Son’s ambition…
Business
Blackstone eyes more hiring in Asia to tap private market demand
The alternative asset manager sees huge potential from bringing private markets to individual investors Blackstone is planning to hire…
Business
British banks to join European rivals in hiking profit targets, sources say
Britain’s biggest banks, including HSBC and NatWest, are set to follow their European rivals and lift their key profit targets when they…
Business
British banks to join European rivals in hiking profit targets: sources
In continental Europe, many banks have already lifted their profit goals, signalling confidence higher margins will last for years…
Business
SGX-listed pawnbrokers, stocks ride gold rally as precious metal breaks US$5,000 level
Pawnbrokers have emerged as beneficiaries of gold’s historic rally, as the yellow metal crossed the psychological US$5,000 mark and set…
Business
Japan says in close coordination with US on forex as yen intervention risks mount
Top Japanese authorities said on Monday they have been in close coordination with the United States on foreign exchange, but declined to…
Business
IPO window cracked open as more general partners prepping portfolio companies: Coller Capital
About 77% of Institutional investors say that their general partners (GPs) are prepping portfolio companies for public markets More…
Business
IPO window cracks open as more general partners prepping portfolio companies: Coller Capital
More institutional investors globally are reporting that their general partners (GP) are prepping their portfolio companies for initial…
Business
Morgan Stanley looks to expand in Asia as markets deregulate
Morgan Stanley is pushing to expand its footprint in Asia, betting on a more favourable business outlook and growing opportunities in…
Business
Yen surges as intervention risks lurk
The yen firmed 0.5 per cent to 154.84 per dollar as of 0052 GMT, after sharp spikes on Friday sparked speculation over potential…
Business
Singapore dollar hits 11-year high against greenback
Singdollar breaches 1.27 level to strongest since 2014, driven by intervention rumors The Singapore dollar strengthened to its strongest…
Business
Oil holds onto gains as Iran keeps investors on edge
Oil prices extended gains on Monday after climbing more than 2 per cent in the previous session, as tensions between the US and Iran kept…
Business
Shares of UOB fall 3.3% after reaching new high last week
UOB shares declined by over 3 per cent on Monday (Jan 26) morning after hitting a new high last Friday. As at 9.05 am, the counter slipped…
Business
UOB shares retreat 3.3% after reaching record high
UOB shares declined by over 3 per cent on Monday (Jan 26) morning after hitting a new high last Friday. As at 9.05 am, the counter slipped…
Business
UOB shares end 2.5% lower following JPMorgan’s downgrade
UOB shares declined by more than 3 per cent on Monday (Jan 26) morning, after hitting a new high last Friday. As at 9.05 am, the counter…
Business
Samsung to start production of HBM4 chips next month for Nvidia supply: source
Both Samsung and SK Hynix will announce their fourth-quarter earnings on Thursday Samsung Electronics plans to start production of its…
Business
China’s Eastroc beverage seeks up to HK$10 billion from Hong Kong listing
Chinese energy-drink maker Eastroc Beverage Group has started taking investor orders for its second listing in Hong Kong that may fetch as…
Business
China’s Eastroc Beverage launches Hong Kong listing, seeking to raise HK$10.14 billion
Chinese energy drink producer Eastroc Beverage is seeking to raise HK$10.14 billion (S$1.65 billion) in a Hong Kong listing, with proceeds…