Leadership
CDL Kiwi unit’s NZ$2.25-per-share offer ‘too low and inadequate’: M&C New Zealand
THE offer by City Development Limited’s (CDL) wholly owned subsidiary to take Millennium & Copthorne Hotels New Zealand (MCK) private at NZS$2.25 per share is “too low and inadequate”....
SoftBank explores debt-heavy financing for US$500 billion AI push
A FEW weeks ago, SoftBank Group founder Masayoshi Son stood alongside US President Donald Trump to unveil the Stargate Project, an artificial intelligence (AI) venture with OpenAI that could...
Singapore shares rise on Tuesday; STI up 0.3%
SINGAPORE shares began Tuesday (Feb 11) trading in positive territory as investors digested US President Donald Trump’s announcement that he would impose reciprocal tariffs on other countries. As at...
Paragon Reit posts 10.4% lower H2 DPU of S$0.0233
THE manager of Paragon Real Estate Investment Trust (Paragon Reit) on Tuesday (Feb 11) posted a distribution per unit (DPU) of S$0.0233 for the second half ended December, down...
Huawei boosts smartwatch sales by registering them as medical devices
HUAWEI Technologies has found an unlikely way to boost sales of its latest smartwatches in the face of sluggish consumer spending in China: by registering them as medical devices....
Morgan Stanley sets US$3 billion X loan to tap into Musk mania
MORGAN Stanley kicked off another large sale of X debt on Monday (Feb 10), seizing on investors’ sudden embrace of the social media platform owned by billionaire Elon Musk...
Keppel’s new South Central tower in Tg Pagar snares Manulife as anchor tenant
The 33-storey property has about 650,000 sq ft of space and features smart building management systems and renewable energy useTHE construction of asset manager Keppel’s new commercial property has...
Nokia hires Intel’s AI executive as CEO in push for turnaround
NOKIA said it was replacing chief executive officer Pekka Lundmark with Intel’s Justin Hotard in a surprise announcement as the network equipment maker works to exit a prolonged slump...
