Leadership
Stocks to watch: MPACT, Frasers Centrepoint Trust, Suntec Reit, CapitaLand India Trust
THE following companies saw new developments that may affect trading of their securities on Friday (Oct 25):
Mapletree Pan Asia Commercial Trust (MPACT): Its distribution per unit (DPU) fell...
US leveraged loan sales hit record US$986 billion in repricing run
COMPANIES have issued a record US$986 billion of debt in the US leveraged loan market this year, mostly to cut interest expense on existing debt.
That figure surpassed 2017 as...
American Airlines lifts profit view on higher pricing, sales strategy correction
The airlines’ pricing power has also improved as the industry cuts down excess capacity in the domestic marketAmerican Airlines lifted its annual profit forecast on Thursday (Oct 24), recovering...
MPACT’s Q2 DPU falls 11.6% to S$0.0198 amid mixed overseas sentiments
MAPLETREE Pan Asia Commercial Trust’s (MPACT) distribution per unit (DPU) fell 11.6 per cent to 1.98 Singapore cents for its second quarter ended Sep 30, from 2.24 cents the...
India’s Adani Wilmar posts profit in Q2 on higher demand for edible oils
INDIA’S Adani Wilmar reported a profit for the second quarter on Thursday (Oct 24), buoyed by higher demand for its edible oils and food segments.
The company reported a consolidated...
STI bucks regional rout after eking out a 0.1% gain
Across the broader market, decliners beat gainers 313 to 217 amid a trading volume of 1.3 billion securities worth S$1.1 billionSINGAPORE’S 30-blue-chip barometer, the Straits Times Index (STI), was...
Nvidia deepens Indian tie-ups, rolls out Hindi-language AI model
CHIP behemoth Nvidia expanded tie-ups on Thursday (Oct 24) with India’s big firms, such as Reliance Industries, and launched a lightweight artificial intelligence (AI) model for the widely-used Hindi...
Arta Finance partners Temasek Trust’s Co-Axis to unlock US$30 million catalytic funding for impact projects
THE digital impact marketplace launched by Temasek Trust, Co-Axis, has partnered digital wealth platform Arta Finance to secure US$30 million for projects over two years. The partnership will extend the...
