Leadership

ESR-Logos Reit Q3 net property income declines 6.5% to S2.7 million amid divestments
ESR-Logos Reit Q3 net property income declines 6.5% to S$192.7 million amid divestments
October 30, 2024
ESR-Logos Real Estate Investment Trust (Reit) reported a 6.5 per cent decline in net property income (NPI) in the third quarter to S$192.7 million, from S$206.1 million in the...
BlackRock talks to buy private-credit firm HPS advance
BlackRock talks to buy private-credit firm HPS advance
October 30, 2024
BLACKROCK is in advanced talks to buy HPS Investment Partners, emerging as the only suitor in active talks with the firm as the world’s largest asset manager seeks to...
Stocks to watch: Hongkong Land, Mapletree Industrial Trust, CapitaLand Ascott Trust, Cordlife
Stocks to watch: Hongkong Land, Mapletree Industrial Trust, CapitaLand Ascott Trust, Cordlife
October 30, 2024
THE following companies saw new developments that may affect trading of their securities on Wednesday (Oct 30): Hongkong Land: Hongkong Land said on Tuesday that it will exit the...
Circle raises fees despite rising stablecoin market competition
Circle raises fees despite rising stablecoin market competition
October 30, 2024
FOR the second time in less than a year, Circle Internet Financial has increased the fees it charges to cash out holdings of its USDC stablecoin.Redemption of USDC via...
OpenAI builds first chip with Broadcom and TSMC, scales back foundry ambition
OpenAI builds first chip with Broadcom and TSMC, scales back foundry ambition
October 29, 2024
OPENAI is working with Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC) to build its first in-house chip designed to support its artificial intelligence (AI) systems while adding Advanced Micro...
AMD tumbles after AI chip growth fails to inspire investors
AMD tumbles after AI chip growth fails to inspire investors
October 29, 2024
ADVANCED Micro Devices (AMD) slid in late trading after the chipmaker’s revenue forecast missed analysts’ estimates, a sign its artificial intelligence (AI) sales are growing more slowly than some...
Mapletree Industrial Trust DPU up 1.5% at Salt=
Mapletree Industrial Trust DPU up 1.5% at S$0.0337, with higher occupancy and rents
October 29, 2024
MAPLETREE Industrial Trust (MIT) reported a distribution per unit (DPU) of S$0.0337 for the second fiscal quarter ended Sep 30, 2024, up 1.5 per cent from S$0.0332 in the...
Sheng Siong’s Q3 net profit up 12.6% on the back of higher revenue
Sheng Siong’s Q3 net profit up 12.6% on the back of higher revenue
October 29, 2024
SUPERMARKET chain Sheng Siong posted a 12.6 per cent increase in net profit to S$39.1 million for the third quarter ended Sep 30, from S$34.7 million the year before.Revenue...
Loss of Australian unit’s managed investment trust status beyond Fraser Hospitality’s control, says Reit manager
Loss of Australian unit’s managed investment trust status beyond Fraser Hospitality’s control, says Reit manager
October 29, 2024
AS THE share swap between Frasers Property and Thai Beverage (ThaiBev) was a corporate action taken by entities above the level of the unitholders of Frasers Hospitality Reit, the...
Aztech Global’s Q3 net profit falls 55.7% to S.7 million as revenue slides
Aztech Global’s Q3 net profit falls 55.7% to S$13.7 million as revenue slides
October 29, 2024
MAINBOARD-LISTED Aztech Global posted a 55.7 per cent drop in net profit to S$13.7 million for its third quarter ended Sep 30, 2024, from S$30.9 million in the corresponding...