Leadership
Shein to open pop-up store in South Africa to woo more shoppers
FAST-FASHION giant Shein, known for its US$5 tops and US$10 dresses, will open a pop-up store in Johannesburg, South Africa in August as the online retailer aims to expand...
Oil prices finish higher as US oil, fuel inventories ease
OIL prices settled higher on Wednesday (Jul 24), supported by large declines in US crude and fuel stocks, but hovered close to their lowest level in six weeks due...
United Overseas Insurance declares S$0.085 dividend on higher H1 2024 earnings
UNITED Overseas Insurance (UOI) reported an 18.8 per cent growth in its earnings for the first half of 2024 to S$14.2 million, from S$11.9 million in the first half...
Digital Core Reit H1 2024 DPU falls due to divested properties
DIGITAL Core Real Estate Investment Trust (Reit) reported a 6.3 per cent fall in distribution per unit (DPU) to US$0.018 for the first half of 2024 from US$0.0192 in...
MAS proposes relaxed leverage requirements for S-Reits
THE Monetary Authority of Singapore (MAS) on Wednesday (Jul 24) published a consultation paper proposing to simplify leverage requirements for all real estate investment trusts (Reits). Under the proposal,...
MAS proposes simplified leverage requirements for S-Reits, imposes minimum ICR threshold of 1.5 times
THE Monetary Authority of Singapore (MAS) on Wednesday (Jul 24) published a consultation paper proposing to simplify leverage requirements for all real estate investment trusts (Reits). Under the set...
SM Teo warns businesses about ‘just-in-case’ costs amid climate change, supply chain glitches
Separately, Temasek chief urges Asean to tap opportunities in the green economy and IndiaCOMPANIES may have to contend with “just-in-case” costs while building resilience against global challenges, which range...
Brokers’ take: RHB initiates coverage on Elite UK Reit with ‘buy’ call
RHB has initiated coverage on Elite UK Real Estate Investment Trust (Reit) with a “buy” recommendation and a target price of £0.31, which implies a yield of 11 per...
