Business
Frasers Centrepoint Trust starts legal proceedings against mm2 Asia for S$2.6 million
Frasers Centrepoint Trust has filed a S$2.6 million claim against mm2 Asia, said the entertainment group on Monday (Oct 27), after it…
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Business
Frasers Centrepoint Trust files S$2.6 million claim against mm2 Asia over Causeway Point lease
Frasers Centrepoint Trust has filed a S$2.6 million claim against mm2 Asia, said the entertainment group on Monday (Oct 27), after it…
News
Two Robbers Arrested Over $100 Million Louvre Museum Heist, with One Nabbed While Fleeing France as Two Still Remain at Large
Two men accused of pulling off a daring daytime robbery at the Louvre Museum last week, making off with $100 million worth of France's…
Business
iFast Q3 net profit rises 54.7% to S$26 million on overall revenue growth
Digital bank and wealth management platform iFast posted a 54.7 per cent rise in net profit to S$26 million for its third quarter ended…
Business
PropNex unit, agent sued by Hao Mart over Orchard Road lease for over S$3.5 million
Supermarket chain Hao Mart has filed a lawsuit against a wholly owned unit of mainboard-listed PropNex and one of its agent, alleging…
Business
Hao Mart sues PropNex unit, agent for S$3.5 million over Taste Orchard lease
Defendants say they’re acting as agent for landlord OG, and therefore owe no obligation to the plaintiff to act in its best interests…
Business
Hao Mart sues PropNex unit, agent for more than S$3.5 million over Taste Orchard lease
Defendants say they’re agent for landlord OG, and owe no obligation to the claimant to act in its best interests Supermarket chain Hao…
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Dems Investigate Trump Attempt to Take $230 Million From His Own DOJ
Recipients in other states are similarly on the chopping block. More than a dozen states have opened up their Obamacare marketplace for a…
Business
OUE Reit’s Q3 NPI falls 5.6% to S$57 million on Shanghai asset sale
OUE Real Estate Investment Trust (Reit) posted a 5.6 per cent decline in net property income (NPI) to S$57 million for the third quarter…
Business
UOI 9-month comprehensive income rises 34.9% to S$40.6 million on investment gains
The improvement is mainly driven by marked-to-market gains on equity and fixed-income investments United Overseas Insurance (UOI), the…
Unsorted
Connie Bobo: Missouri Charity Boss Blew $10 Million Taxpayer Money Meant to Feed Poor Children on Buying Mansion and Mercedes for Lover
The executive director of a Missouri nonprofit allegedly misappropriated $10 million that was meant to feed low-income children. Instead,…
Business
Digital Core Reit’s 9-month distributable income rises 1.9% to US$35.2 million
Digital Core Reit reported distributable income of US$35.2 million for the nine months ended Sep 30, up 1.9 per cent from a year earlier.…
Business
Barclays announces £500 million buyback, upgrades 2025 guidance on strong income
Barclays announced a surprise £500 million (S$865.2 million) share buyback, upgraded its performance target for the year and said it would…
Business
NUS selling US$500 million of PE, property funds to manage liquidity, China exposure
Sales of such portfolios often come with a discount to the net asset value in return for getting the capital sooner The National…
Business
Sanli Environmental scoops S$281 million LTA contract
Catalist-listed Sanli Environmental won a S$281 million contract from the Land Transport Authority (LTA) on Tuesday (Oct 21). The contract…
Business
Seatrium rejects ‘wrongful termination’ of US$475 million contract, receives notice of arbitration
The deal is for the construction of a wind turbine installation vessel at a US offshore wind farm Seatrium on Wednesday (Oct 22) said that…
Business
Jardine Matheson to delist Mandarin Oriental at US$3.35 a share; Mandarin Oriental sells HK property for US$925 million
Controlling shareholder Jardine Matheson is moving to take Mandarin Oriental private in a recommended cash takeover valued at US$3.35 per…
Business
Nintendo aims to make 25 million Switch 2 units by end of March
NINTENDO has asked suppliers to produce as many as 25 million units of the Switch 2 by the end of March 2026, setting the company up for…
Business
CLI’s self-storage unit invests close to S$100 million in Singapore flagship project, 3 Tokyo facilities
When completed, the Singapore facility will expand ESA’s portfolio in the city to 13 properties with more than 1.5 million sq ft of gross…
Business
Aztech Global Q3 profit falls 21.2% to S$10.8 million on lower demand
Aztech Global’s net profit fell 21.2 per cent to S$10.8 million for the third quarter ended Sep 30, from S$13.7 million in the previous…
Business
Global EV sales hit record 2.1 million in September: research firm
GLOBAL sales of fully electric and plug-in hybrid vehicles rose 26 per cent in September from a year ago to a record 2.1 million units,…
Business
Sert issues 300 million euros in green notes due 2033 at 4.125% coupon rate
Net proceeds will be used to refinance existing borrowings due to mature in 2026 and 2027 The managers of Stoneweg Europe Stapled Trust…
Business
Centurion Corp acquires London site for S$71 million to develop student housing
Acquisition marks Centurion’s entry into London, the sixth city within its UK portfolio Mainboard-listed Centurion Corp has acquired a…
Business
Centurion Corp acquires London site for £41 million to develop student housing
Acquisition marks Centurion’s entry into London, the sixth city within its UK portfolio Mainboard-listed Centurion Corp has acquired a…