Leadership
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 (MLT): The real estate investment trust divested two warehouse properties...
Starbucks Red Cup giveaway gives coffee chain much needed jolt
STARBUCKS’s holiday-themed cups drove a bigger spike in customer visits than in previous years, a welcome boost for a brand that’s looking to stage a turnaround.The Red Cup Day...
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 key inflation report that could influence the US Federal Reserve’s...
HP, Dell’s weak forecasts spark share sell-off, doubts over PC market recovery
SHARES of Dell and HP fell on Wednesday (Nov 27) after the personal computer makers issued forecasts that cast doubt on a market recovery driven by artificial intelligence-enabled PCs.
Dell...
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 million).Its manager said on Wednesday (Nov 27) that MLT’s...
Chinese driverless-tech firm Pony AI said to raise US$260 million in US IPO
The Guangzhou-headquartered company priced its American depositary shares at US$13 eachPONY AI raised US$260 million after pricing its US initial public offering at the top of the marketed range,...
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 sided with EU regulators in the...
Citi appoints ex-BlackRock portfolio manager Kate Moore as CIO
Her role will include oversight of Citi’s chief investment office and global investment committeeGLOBAL bank Citigroup announced on Wednesday (Nov 27) that it has appointed former BlackRock portfolio manager...
