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DBS crosses S$46 for first time to hit new high on strong results and capital return dividend plan
SHARES of DBS rose to a historic level after it announced a capital return dividend of S$0.15 per share per quarter to be paid out over FY2025 alongside its...
Stocks to watch: DBS, Suntec Reit, Frasers Property, Hutchison Port, Zheneng Jinjiang, Creative Tech
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 10).
DBS: The lender posted net profit for the fourth quarter that was...
Elite UK Reit posts 5.8% rise in H2 DPU to 1.47 pence
THE manager of Elite UK Reit on Monday (Feb 10) posted a distribution per unit (DPU) of 1.47 pence for the second half (H2) ended Dec 31, representing a...
Pimco seeks to grow 60/40 fund to US$2 billion on Asia expansion
PACIFIC Investment Management Company (Pimco) is seeking to grow assets in a multi-asset mutual fund by 25 per cent to US$2 billion this year, betting that a 60/40 equity-debt...
Trump set to announce 25% steel and aluminium tariffs in latest trade salvo
PRESIDENT Donald Trump is expected to introduce new 25 per cent tariffs later on Monday (Feb 10) on all steel and aluminium imports into the US, on top of...
BP faces pivotal moment as activist investor Elliott enters fray
BP’S dramatic under-performance compared with other oil majors has reached a crunch point – a looming showdown with one of the world’s most aggressive activist investors.Elliott Investment Management, led...
PropNex looks to technology to be its economic moat as it strives to stays ahead
This includes a service that enables its agents to send personalised reports each quarter to past customers to update them on information relevant to their properties “THIS year is...
Cash-rich PropNex could sweeten shareholder returns with special dividend
Market leader is leveraging technology to build business moat as it strives to stay ahead“THIS year is going to be a good year,” said PropNex executive chairman and chief...
US$3,000 milestone in sight for gold
GOLD started the year on a bullish note, breaking above the previous high of US$2,790 per ounce on Jan 30 and notching new highs in the trading sessions thereafter....