Culture
Single leverage limit, additional disclosures imposed on all S-Reits: MAS
S-Reit managers will have to disclose their plans to manage Reits’ leverage and ICR levels in their financial and annual reports ALL…
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Culture
Culture
Dr Martens slips into the red; says festive season off to a good start
It reported a pre-tax loss of £28.7 million for the six months ended Sept 29, compared with a profit of £25.8 million a year earlier Dr…
Culture
Bain-backed Chindata in talks for record US$2.8 billion loan
Proceeds of the five-year facility would be used to refinance some of the firm’s existing loans and fund its expansion plans in Malaysia…
Culture
Nissan October production down globally except in Mexico, but Trump tariff threat looms
NISSAN Motor said on Thursday (Nov 28) that its global production fell for a fifth straight month in October, led by downshifts at most of…
Culture
Toyota’s sales, output plateau as slump persists in Japan, China
TOYOTA Motor’s sales and production plateaued last month, buoyed by a slight rebound abroad after a prolonged slump in Japan. Global…
Culture
Mizuho weighs new push to target private equity boom in India
MIZUHO Financial Group is considering making a push into a new area for the lender in India focusing on private equity and venture capital…
Culture
Amazon says it injected S$2 billion into its Singapore businesses in 2023
AMAZON on Thursday (Nov 28) announced that it injected more than S$2 billion into its retail and cloud businesses in Singapore in 2023.…
Culture
UK car outlook worsens after eight straight months of declining production
UK CAR output slumped for the eighth consecutive month in October, leading the industry’s trade group to warn of further deterioration in…
Culture
Australia’s central bank overhaul revived in last minute talks
AUSTRALIA’S plans to overhaul the Reserve Bank of Australia (RBA), including splitting the current board in two, may be back on the agenda…
Culture
Gold prices held steady amid growing tariff war fears
GOLD prices were steady on Thursday (Nov 28), as investors digested a flurry of economic data in the previous session and evaluated the…
Culture
Singapore stocks rise on optimism over rebound in real incomes and easing inflation; STI up 0.8%
SINGAPORE stocks ended higher on Thursday (Nov 28) after the Republic reported a rebound in real incomes for 2024, according to…
Culture
US Fed’s favoured inflation gauge picks up, backs cautious approach
THE US Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’…
Culture
Stocks to watch: Mapletree Logistics Trust, DBS, First Sponsor, IReit Global
THE following companies saw new developments that may affect trading of their securities on Thursday (Nov 28): Mapletree Logistics Trust…
Culture
First Sponsor to increase stake in Netherlands’ NSI for 18.9 million euros
Acquisition will be funded by net proceeds from a rights issue of perpetual convertible capital securities in September FIRST Sponsor is…
Culture
Hong Kong opens third airport runway with marginal gain in landing slots
HONG Kong’s third airport runway officially starts operating on Thursday (Nov 28), but there will be hardly any additional flight capacity…
Culture
British insurer Direct Line rejects Aviva’s US$4.16 billion takeover bid
BRITISH insurer Direct Line Insurance on Wednesday (Nov 27) rejected a takeover offer of £3.3 billion (S$5.6 billion) from bigger rival…
Culture
Bitcoin resumes advance, rekindles US$100,000 milestone optimism
BITCOIN is climbing back towards the elusive US$100,000 price level again, snapping its longest losing since Donald Trump’s presidential…
Culture
Genting Singapore’s luck may turn in 2025
The renewal of its casino licence for a shorter two-year term adds to the uncertainties at the integrated resort operator, but a…
Culture
US: Wall St subdued at open in run-up to key inflation data
WALL Street’s main indexes opened flat-to-slightly-lower on Wednesday (Nov 27) as investors evaluated strong economic data and awaited a…
Culture
US dollar drops as markets weigh Trump tariff vow, yen hits 5-week high
THE US dollar fell to a one-week low against its major peers on Wednesday (Nov 27) as investors grew cautious about President-elect Donald…
Culture
Samsung gets first woman CEO outside founding family in 86 years
FOR Samsung Group, this has been a year of milestones. First, a rare public apology from its flagship Samsung Electronics, followed by a…
Culture
PEC says it has been approached by a third party over a possible share deal
SHARES of engineering company PEC have been on a tear lately and a possible reason for that has emerged. The company said in a bourse…
Culture
Mapletree Logistics Trust divests two warehouse properties in Japan for S$37.5 million
MAPLETREE Logistics Trust (MLT) has completed the divestment of two warehouse properties in Japan for 4.25 billion Japanese yen (S$37.5…
Culture
HSBC loses court challenge against 31.7 million euro EU cartel fine
HSBC on Wednesday (Nov 27) lost its challenge against a 31.7 million euro (S$44.8 million) EU cartel fine after Europe’s second top court…