Culture
NTT DC Reit posts H1 DPU of US$0.0169, seeks growth in Tier 1 data centre markets
It is eyeing opportunities that will reduce tenant concentration, while diversifying its portfolio geographically[SINGAPORE] NTT DC Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of US$0.0169...
Manulife CQS raises US$1.1 billion for synthetic-risk transfers
The money is for its Manulife CQS Regulatory Capital Relief III Fund as well as some separately managed accounts[TORONTO] Manulife’s credit arm CQS Investment Management has raised US$1.1 billion...
Hong Kong’s investment firm reports HK$2 billion return in 2024
As at end-2024, the firm had used up under a fifth of its initial HK$62 billion kitty[HONG KONG] Hong Kong Investment Corporation (HKIC) generated more than HK$2 billion (S$335.5...
L’Oréal starts three-part euro bond sale for Kering Beauté deal
The Kering Beauté acquisition marked the latest in a string of deals for the beauty giant[PARIS] L’Oréal is selling at least 1.5 billion euros (S$2.26 billion) of bonds in...
Food Empire’s Q3 revenue rises 28.3% to US$152.6 million
[SINGAPORE] Food Empire posted a revenue of US$152.6 million for the third quarter ended Sep 30, 2025, up 28.3 per cent from a year ago.In a bourse filing on...
AEM posts S$4 million 9M net profit, reversing year-ago loss, with “AI era” new solutions
Revenue rose 16 per cent to S$287.5 million, driven by high-volume manufacturing at a major customer [SINGAPORE] Test solutions provider AEM Holdings posted a S$4 million profit for the...
ST Engineering posts 9% rise in 9M revenue to S$9.1 billion despite impairments from subsidiary
[SINGAPORE] ST Engineering posted a 9 per cent year on year rise in revenue to S$9.1 billion for the nine months ended Sep 30, on the back of strong...
China’s Singles’ Day shopping festival winds down with ‘muted’ sentiment, sales expectations
Consumer malaise in China has made it harder than ever to get people to open their wallets[SHANGHAI] China’s Singles’ Day sales festival is coming to a close after more...
ABN Amro to buy NIBC Bank from Blackstone for 960 million euros
The deal will cut the Dutch bank’s CET1 capital ratio by about 70 basis points at closing[AMSTERDAM] ABN Amro Bank said it will acquire NIBC Bank from Blackstone for...
Companies, consumers must have basic understanding of AI to reap potential benefits: DPM Gan
Singapore’s compact size makes it easier to roll out training and raise AI literacy across the population, he adds[SINGAPORE] Singapore’s “first priority” is for companies both large and small,...
