Leadership
OUE Reit posts 11.9% fall in Q1 revenue to S$66 million
[SINGAPORE] OUE Reit’s revenue fell 11.9 per cent to S$66 million for its first quarter ended Mar 31, from S$74.9 million in the year-ago quarter.This was mainly due to...
Nestle sales rise on price hikes for coffee, cocoa products
[BERN] Nestle’s sales rose as the maker of Nespresso and KitKat candy bars increased prices to counter soaring costs for coffee and cocoa. Revenue grew 2.8 per cent on an...
Toyota inks deal for wholly owned Lexus factory in Shanghai
[SHANGHAI] Toyota Motor is set to become only the second carmaker after Tesla to operate a wholly owned factory in China after it formally agreed this week on a...
China kicks off special bond sale as tariffs threaten economy
[NEW YORK] China issued the first batch of special sovereign bonds for the year on Thursday (Apr 24) as part of the stimulus announced by authorities to soften the...
Boeing ready to resell jets as tariffs hit China trade
[SEOUL/PARIS] Boeing is looking to resell potentially dozens of planes locked out of China by tariffs after repatriating a third jet to the US rather than store it without...
Boeing says China not accepting planes over US tariffs
[NEW YORK] Boeing’s CEO confirmed on Wednesday (Apr 23) that China had stopped accepting new aircraft due to the US-China trade war, as the company’s shares surged following a...
Stocks to watch: Keppel, Mapletree Logistics Trust, Capitaland China Trust, Digital Core Reit, Sinarmas Land
[SINGAPORE] The following companies saw new developments that may affect trading of its securities on Thursday (Apr 24): Keppel: The company released an update for Q1 2025 on Thursday, reporting...
CapitaLand China Trust Q1 NPI slips 6.6% to 292.5 million yuan amid lower revenue
[SINGAPORE] The manager of CapitaLand China Trust (CLCT) posted a net property income (NPI) of 292.5 million yuan (S$52.8 million) for the first quarter of financial year 2025, down...
