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RHB cuts IReit target to S$0.34; flags potential privatisation on further unit price declines
RHB Research has lowered its target price on IReit Global to S$0.34 from S$0.40 previously, as it expects the real estate investment trust’s (Reit) near-term distribution per unit (DPU)...
China may miss target for cleaning up largest steel industry
CHINA looks set to miss a year-end target for boosting production of less-polluting steel as usage rates for cleaner, newer furnaces stall and the property crisis weighs on demand...
Bank of Korea governor says monetary easing this year will be flexible
SOUTH Korea’s central bank governor said on Thursday (Jan 2) that the pace of monetary policy easing would need to be flexible this year due to heightened political and...
Billionaire Li Ka-shing’s Hutchmed in US$608 million health unit stake sales
HUTCHMED (China), controlled by tycoon Li Ka-shing, is selling stakes in its health subsidiary for around US$608 million as the billionaire and his flagship conglomerate look to ramp up...
Trendlines launches investigations into potential misappropriation of funds
AN EMPLOYEE of Trendlines Group was found to be potentially involved in a suspected misappropriation of funds from the accounts of the company’s Singapore subsidiary, Trendlines Agrifood Innovation Centre....
SingPost taps ex-Singapore CEO Neo Su Yin as group COO to help steady the ship
SINGAPORE Post (SingPost) has appointed Neo Su Yin as its group chief operating officer (COO), effective Thursday (Jan 2). Her appointment comes after SingPost sacked three senior executives.In this...
Stocks to watch: Nio, SingPost, Digital Core Reit, Trendlines
THE following companies saw new developments that may affect the trading of their securities on Thursday (Jan 2): Source link
Alibaba to sell China’s Sun Art to buyout firm at big discount
ALIBABA Group Holding agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile physical commerce asset at a discount to...
Alibaba to sell Sun Art to buyout firm DCP for HK$12.3 billion
ALIBABA Group Holding agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile physical commerce asset to focus on its...
‘Bleisure’ accommodation and more – 4 travel trends to watch in 2025
THE global tourism sector is approaching a full recovery to pre-pandemic levels, but some demand for travel could taper off. Still, there are some bright spots in tourism as...
Semiconductor companies poised for more broad-based recovery in 2025
Some Singapore-listed players, such as Frencken Group and Grand Venture Technology, may come out ahead and outperform as well, say market watchersTHE semiconductor industry saw a bumpy recovery in...
Who is Shamsud Din Jabbar? New Orleans Terror Attack Suspect Identified as 42-Year-Old Texas Man, Displayed an ISIS Flag on His Vehicle
New Orleans' iconic Bourbon Street turned into a scene of devastation as a driver rammed a pickup truck into New Year's Eve revelers. At least ten people were killed,...