Posts by Stephanie Irvin
Starbucks is said to consider selling stake in Chinese business
STARBUCKS is exploring options for its Chinese operations including the possibility of selling a stake in the business, according to sources with knowledge of the matter. The coffee chain has been speaking to advisers about ways to grow its operations in China including the potential introduction of a local partner, the sources said, asking not…
Read MoreBank of Korea survey shows concerns emerging on US policy change risk
A BANK of Korea (BOK) survey shows US policy risks have emerged as a major concern for local financiers and experts, following the presidential election. Roughly 56 per cent of respondents in the BOK survey released on Thursday (Nov 21) were worried about US policy changes following the election earlier this month, in which Donald…
Read MoreAsia: Markets mixed as Nvidia falls short of hopes, eyes on Trump
ASIAN markets were mixed on Thursday (Nov 21) as another blockbuster earnings from chip titan Nvidia smashed forecasts but still left investors disappointed, while sentiment was also being swayed by geopolitical concerns. Bitcoin reached an all-time peak above US$95,000 as it continued its run towards US$100,000 on optimism that the incoming US president will usher…
Read MoreBitcoin hits record US$95,000 as crypto seeks direct line to Trump
BITCOIN hit US$95,000 for the first time as the digital-asset sector moves to cement its influence with Donald Trump by pushing for a new White House post dedicated to cryptocurrency policy. Trump’s team is holding discussions about whether to create such a role and the industry is pitching for the position to have direct access…
Read MoreSingapore shares open higher on Thursday; STI up 0.1%
SINGAPORE stocks began trading in positive territory on Thursday (Nov 21) after global equities ended mixed overnight. As at 9.04 am, the Straits Times Index (STI) inched up 4.61 points or 0.1 per cent to 3,748.25. Across the broader market, losers outnumbered gainers 73 to 51, after 54.6 million securities worth S$63.9 million changed hands.…
Read MoreSingtel makes senior management changes, appoints new chief corporate officer
THE telco’s Singapore deputy chief executive Anna Yip, 54, will relinquish her role to lead the business development function, which will be expanded and renamed International Digital Services. The unit will build new telco-related digital services in the region, strengthen partnerships and enhance synergies between Singtel and its regional associates, said the group on Thursday…
Read MoreUS: Target falters on mixed day for stocks
WALL Street stocks were mixed at the end of a choppy session on Wednesday (Oct 20) as investors awaited Nvidia earnings and sold off Target after weak results. One day after Walmart impressed investors with a bullish report ahead of the holiday shopping season, Target lost more than one-fifth of its market value as the…
Read MoreData centres the big positive surprise in Q3 as most S-Reits post results within expectations
Singapore-listed Reits report healthy operational performance, even as they face pressure from higher interest rates DATA centres turned out to be the surprise package in what was otherwise an expected financial performance posted by Singapore-listed real estate investment trusts, or S-Reits, in the third quarter ended September. Data centre assets posted “exceptionally strong” rental reversion…
Read MoreData centres the standout performers among S-Reits in Q3
Singapore-listed Reits report healthy operational performance, even as they face pressure from higher interest rates DATA centres turned out to be the surprise package in what was otherwise an expected financial performance posted by Singapore-listed real estate investment trusts, or S-Reits, in the third quarter ended September. Data centre assets posted “exceptionally strong” rental reversion…
Read MoreData centres the standout performers among S-Reits in Q3; analysts have mixed views on the sector overall for next quarter
Singapore-listed Reits report healthy operational performance, even as they face pressure from higher interest rates DATA centres turned out to be the surprise package in what was otherwise an expected financial performance posted by Singapore-listed real estate investment trusts, or S-Reits, in the third quarter ended September. Data centre assets posted “exceptionally strong” rental reversion…
Read More