Lifestyle
Metro acquires freehold Sydney prime office property for A$196.4 million
MAINBOARD-LISTED Metro Holdings on Wednesday (Oct 9) announced the acquisition of a freehold prime office property in Sydney, Australia, for A$196.4 million (S$172.3 million). The 27-storey office building is located...
Wall Street salaries decline further from pandemic heights
SALARIES in New York City’s securities industry fell for a second consecutive year in 2023 as profits retreated from highs reached during the pandemic.
The average salary was US$471,370 including...
Singapore stocks rise on Wednesday amid return of risk appetite; STI up 0.6%
Analyst says a dip in Treasury yields overnight and a pause in the US dollar rally led market participants to take the chance to load up on risksSINGAPORE stocks...
TSMC sales beat estimates in sign of solid AI chip demand
TAIWAN Semiconductor Manufacturing Co (TSMC) posted on Wednesday (Oct 9) a better-than-expected 39 per cent rise in quarterly revenue, assuaging concerns that AI hardware spending is beginning to taper...
OK Lim has accepted judgment debt of over US$3.5 billion, but creditors will likely claw back much less
The 82-year-old and his children, Evan Lim and Lim Huey Ching, are planning to file for bankruptcyEMBATTLED Hin Leong Trading founder Lim Oon Kuin – the former Singapore oil...
Thailand approves US$400 million investment by Continental to expand tyre facility
THAILAND’S Board of Investment (BOI) said on Wednesday (Oct 9) that it had approved a US$400 million investment by tyre maker Continental to expand its existing facility in the...
FHT’s distributable income to fall by S$1.3 million after change in Australian unit status
FRASERS Hospitality Trust’s (FHT) pro forma distributable income for financial year 2024 is estimated to fall by S$1.3 million, following changes to its Australian unit’s managed investment trust status....
Couche-Tard suggested higher price of US$47 billion for Seven & i
ALIMENTATION Couche-Tard sent Seven & i Holdings a new potential acquisition price of seven trillion yen (S$61.6 billion), sources with knowledge of the matter said, showing that the Canadian...
