Posts by Riah Marton
MPACT posts 14.8% lower Q4 DPU of S$0.0195
[SINGAPORE] Mapletree Pan Asia Commercial Trust’s (MPACT) distribution per unit (DPU) for the fourth quarter ended March slid 14.8 per cent year on year to S$0.0195 from S$0.0229 previously. Unitholders can expect to receive the distribution payout on Jun 6. Distributable income stood at S$103.6 million for Q4, falling 14 per cent from S$120.5…
Read MoreChinese EV maker Nio’s challenges bleed into its bond prices
[NEW YORK] A rally in the price of Nio’s convertible bonds is not enough to allay concerns over the Chinese electric vehicle (EV) maker’s financial health, analysts say. Nio’s 3.875 per cent US dollar notes due 2029 have risen this week, buoyed by positive sentiment surrounding the sector as auto executives from around the world…
Read MoreFootwear brand Skechers pulls annual forecast on trade uncertainty, shares drop
[BENGALURU] Skechers on Thursday (Apr 24) withdrew its annual results forecast as the Trump administration’s erratic trade policies fuel economic uncertainty, sending the footwear maker’s shares down 7 per cent in extended trading. The US-based company is also looking to minimise production in “high-cost locations” by re-routing and diversifying its sourcing base, executives said on…
Read MoreOil prices settle up on weaker US dollar, mixed economic news
[NEW YORK] Oil prices edged up on Thursday (Apr 24) as investors weighed a weaker US dollar, potential Opec+ output increase, mixed economic news, conflicting US tariff signals and news from the Russia-Ukraine war. Brent crude futures rose 43 US cents, or 0.7 per cent, to settle at US$66.55 a barrel. US West Texas Intermediate…
Read MoreBilly Ray Cyrus Shares “Oddest” Part of Elizabeth Hurley Romance
Billy Ray Cyrus‘ heart is achy breaky no more. Days after he and Elizabeth Hurley went public with their romance, the country music star detailed how they went from costars to lovers. According to Billy Ray, it all began when the two struck up a friendship on the set of 2022’s Christmas in Paradise after…
Read MoreGwyneth Paltrow Slams “F–king Clickbait” Rumors About Meghan Markle Feud
Gwyneth Paltrow is standing country strong against random gossip. Nearly a month after the Shakespeare in Love actor denied rumors that she’s feuding with Meghan Markle, she called out online…
Read MoreShannon Sharpe Steps Away from ESPN Amid Bombshell $50 Million Rape Lawsuit but Denies Allegations in Bombshell Statement
Shannon Sharpe has announced that he is stepping away from his duties at ESPN after being hit with a $50 million rape lawsuit. The 56-year-old former NFL star is facing accusations from a woman now in her 20s, whom he met when she was 19 and then raped her. Sharpe has denied the claims. “My…
Read MoreTrump Blasts Putin after Russia Unleashes Deadliest Attack on Ukraine in Nearly a Year as that Could Jeopardize Peace Talks
President Donald Trump slammed Vladimir Putin on Thursday, calling on the Russian leader to “STOP!” after Moscow’s unleashed its deadliest attack on Ukraine in nearly a year that could jeopardize the peace talks that White House has been trying to initiate to put an end to the more-than three-year-long war between the two countries. “I…
Read MoreWhy Jon Cryer Called Donald Trump the “Charlie Sheen of Politics”
Sharon Osbourne vs. Ashton Kutcher In September 2023, while playing a game called Stir the Pot with her daughter Kelly Osbourne on E! News, Sharon said the That ’70s Show alum was the rudest celebrity she had ever met, branding him, a “rude, rude, rude, rude little boy” and a “dastardly little thing.” He did not respond to her remarks publicly.…
Read MoreWho Is Joseph King? 19-Year-Old Charged with Arson for Starting Massive New Jersey Wildfire that Torched 15,000 Acres
A 19-year-old man has been charged with arson for allegedly starting the massive wildfire in the New Jersey Pine Barrens that has burned through 15,000 acres, according to prosecutors. Joseph Kling, a resident of Ocean Township, is accused of starting a bonfire using wooden pallets in the vast Forked River Mountains Wilderness Area. According to…
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