Fashion
US: Wall St opens higher on gains in Apple, in-line inflation reading
WALL Street’s main indexes opened higher on Friday (Jan 31) on gains in Apple following its strong sales forecast, with an in-line reading for the Federal Reserve’s favoured inflation...
Exxon beats Q4 estimates with higher Permian, Guyana output
EXXONMOBIL on Friday (Jan 31) beat Wall Street’s estimate for fourth-quarter profit as higher oil and gas production offset lower oil prices and weaker refining margins.Its profit was US$7.39...
CapitaLand Ascott Trust acquires two freehold hotels in Japan for S$178.5 million
CAPITALAND Ascott Trust (Clas) has acquired two freehold limited-service hotels in Japan – ibis Styles Tokyo Ginza and Chisun Budget Kanazawa Ekimae – for 21 billion yen (S$178.5 million). The...
CapitaLand Ascott Trust acquires two freehold hotels in Japan for 21b yen
CAPITALAND Ascott Trust (Clas) has acquired two freehold limited-service hotels in Japan – ibis Styles Tokyo Ginza and Chisun Budget Kanazawa Ekimae – for 21 billion yen (S$178.5 million). The...
Sembcorp to enter the Philippines renewable energy market via acquisition
The proposed deal’s total consideration is about S$105 million and is expected to be completed in H2 2025SEMBCORP Industries announced in a bourse filing on Friday (Jan 31) that...
Musk-Trump bromance turns X debt from burden to asset for Morgan Stanley
JUST a few months ago, Morgan Stanley was stuck with billions of US dollars of unloved debt tied to Elon Musk’s controversial 2022 buyout of social-media platform Twitter. It...
BOJ must maintain monetary support, says governor Ueda
BANK of Japan (BOJ) governor Kazuo Ueda said on Friday (Jan 31) that the central bank must maintain loose monetary policy to ensure underlying inflation gradually accelerates towards its...
CCCS gives conditional OK to expanding SIA-Lufthansa JV to step up air passenger services in more markets
THE Competition and Consumer Commission of Singapore (CCCS) announced on Friday (Jan 31) that it has conditionally approved the proposed expansion of a 2016 joint venture between Singapore Airlines...
Nissan, Honda to announce direction of possible integration by mid-February, Nissan says
NISSAN Motor will aim to announce the direction of its possible integration with Honda Motor by mid-February, a company spokesperson said on Friday, pushing back the plan from the...
Singapore shares track regional gains on Friday; STI up 1.4%
SINGAPORE shares tracked regional gains on Friday (Jan 31), ending the week higher after markets reopened following the two-day break for Chinese New Year. The benchmark Straits Times Index...
