Culture
Fund managers turn to AI players poised for SGX listing
Despite such opportunities, price discovery remains a challenging topic for many investors Fund managers are increasingly focused on…
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Culture
Culture
Sabana Reit completes internal management transition, renamed as Alpha Integrated Reit
Sabana Industrial Real Estate Investment Trust (Reit) has completed its long-anticipated internalisation of its manager. Alpha Integrated…
Culture
Suntec Reit’s Q3 DPU rises to S$0.01778
The improvement comes amid stronger operational performance of its Singapore portfolio and lower financing costs The manager of Suntec…
Culture
Withers to take action against Switzerland on Credit Suisse AT1 losses in Asia
The law firm is acting for investors across the region, including in Hong Kong and Singapore International law firm Withers is commencing…
Culture
ST Engineering bags new contracts worth S$4.9 billion in Q3 2025
For the nine months ended Sep 30, the company’s total contract wins amount to S$14 billion ST Engineering on Thursday (Oct 23) announced…
Culture
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…
Culture
MBS Q3 earnings reach nearly S$1 billion following hotel renovation completion
Parent company LVS is optimistic about growth, citing its expansion project and Singapore’s attractiveness as a destination Integrated…
Culture
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…
Culture
Singapore stocks rise as regional markets end mixed; STI up 0.5%
Local shares ended Thursday (Oct 23) higher, even as markets across the region ended mixed. The benchmark Straits Times Index (STI) rose…
Culture
Wall Street bonuses expected to hit record as bank profits surge
The Wall Street bonus pool is expected to break records this year if current trends continue, as big banks reap profits from soaring…
Culture
Musk hijacks Tesla earnings call to pitch US$1 trillion pay plan
[AUSTIN, Texas] Elon Musk, the world’s richest person, spent the end of Tesla’s earnings call pleading with investors to ratify his…
Culture
Lloyds bank says profits shrink on bad car loans
Profit after tax dropped 14% to £2.9 billion in the first nine months of the year British lender Lloyds Banking Group on Thursday (Oct 23)…
Culture
Singapore aims to be ‘trusted enabler’ of quantum innovation: Josephine Teo
The minister notes that the Republic is moving from theory to application when it comes to quantum computing Singapore aims to be a…
Culture
PacificLight appoints Mitsubishi Power and Jurong Engineering to build S$1 billion hydrogen-ready power plant
PacificLight Power announced on Thursday (Oct 23) that it has appointed a consortium comprising Jurong Engineering Limited (JEL) and…
Culture
Nexperia’s China unit resumes chip sales to domestic distributors, requires renminbi-only payments: sources
The chipmaker is seeking chip packaging partners outside China as the dispute drags on [BEIJING/TAIPEI] Dutch chipmaker Nexperia’s Chinese…
Culture
Cat A COE eases to S$122,000, ending streak of record highs
Certificate of Entitlement (COE) premiums for mainstream cars fell 4.8 per cent or S$6,105 to S$122,000 in October’s second bidding…
Culture
Nokia profit surges past estimates on network growth
Nokia’s adjusted profit for the third quarter beat estimates, thanks to growth in its network infrastructure and optical networks…
Culture
Renault Q3 revenue rises on car sales, finance arm
Renault’s third-quarter sales gained 6.8 per cent, helped by demand for new models such as the Dacia Bigster as well as higher revenue at…
Culture
Volvo car profit unexpectedly rises on cost-cutting success
Volvo Car reported better-than-expected profit in the third quarter as the automaker benefited from the effects of its 18 billion-kronor…
Culture
South Korea keeps rates on hold but surprises with nod to further cuts
SOUTHKOREA-ECONOMY/RATES (UPDATE 3, PIX):UPDATE 3-South Korea keeps rates on hold but surprises with nod to further cuts South Korea’s…
Culture
Singapore 6-month T-bill cut-off yield slides to 1.41%
This is a drop from the 1.44% offered in the last 6-month auction that closed on Oct 9 The latest cut-off yield on Singapore’s six-month…
Culture
Former Citi, Julius Baer bankers to plead guilty in S$3 billion money laundering scandal
TWO former bankers at Citigroup and Julius Baer Group are set to plead guilty for their alleged roles in aiding the movement of illicit…
Culture
Former Citi banker Wang Qiming gets longest sentence in S$3 billion money laundering scandal
A former wealth banker at Citigroup got the longest sentence in Singapore’s biggest money laundering case for his role in aiding the…
Culture
Indonesian sovereign wealth fund Danantara hires 2 executives from Singapore’s GIC
Indonesian sovereign wealth fund Danantara has hired two former GIC investment professionals to lead its global private market coverage,…