Leadership
Paragon Reit in advanced talks to sell Rail Mall at shade above S$80 million: sources
PARAGON Reit : SK6U 0% is in advanced negotiations to sell The Rail Mall in Upper Bukit Timah; the price is understood to be slightly higher than S$80 million....
TikTok pauses e-commerce push into Europe to focus on US
TIKTOK has put on hold plans to launch its fast-growing e-commerce business across major European markets, focusing instead on growth in the US where it’s fighting a divest-or-ban law.
ByteDance’s...
STI edges 0.4% higher on Friday, led by DBS
THE Straits Times Index (STI) ended Friday (May 31) at 3,336.59, up 13.21 points or 0.4 per cent. Advancers were outnumbered by decliners, however – 265 to 323. The...
IDG considers offer for Hong Kong broadband firm HKBN
CHINA-FOCUSED investment firm IDG Capital is considering a buyout of HKBN, people with knowledge of the situation said, as the owners of the Hong Kong broadband service provider weigh...
Malaysia’s Petronas Q1 profit falls on high costs, low prices
Malaysia’s state energy firm Petroliam Nasional (Petronas) reported a near 11 per cent decline in first-quarter net profit on Friday (May 31) due to higher operating costs and lower...
Hot stock: AEM drops 6.6% after CEO resigns
SHARES of AEM dropped as much as 6.6 per cent as at Friday’s (May 31) midday trading break, after the resignation of its current chief executive Chandran Nair, which was...
Hot stock: AEM drops 6.6% after CEO quits
SHARES of AEM dropped by as much as 6.6 per cent as at the Friday (May 31) midday trading break, on the back of the resignation of its current...
Qantas, Perth Airport make peace in A$3 billion expansion deal
QANTAS Airways reached a multi-billion dollar agreement with Perth Airport for a new terminal and runway, a peacemaking pact that paves the way for a new long-haul aviation hub...