Lifestyle
Keppel Infrastructure Trust’s 9-month distributable income falls 60.1%
KEPPEL Infrastructure Trust (KIT) saw its distributable income year on year tumble 60.1 per cent to S$106.1 million for the first nine months of 2024 from S$266.1 million. The fall...
Global uncertainties push safe-haven gold to record high
GOLD prices surged to a record high on Wednesday (Oct 23) as the conflicts in the Middle East and uncertainty surrounding the upcoming US election spurred demand for safe-haven...
Singapore shares open higher on Wednesday; STI up 0.2%
SINGAPORE shares began Wednesday (Oct 23) trading in positive territory as overseas markets saw mixed results overnight.As at 9.01 am, the Straits Times Index (STI) was up 0.2 per...
Parkway Life Reit’s private placement closes at S$3.80 apiece
PARKWAY Life Real Estate Investment Trust’s (Parkway Life Reit) private placement to fund its acquisition of 11 nursing homes in France has closed at the issue price of S$3.80...
Air taxis take one step closer to reality with FAA rules
US AVIATION regulators released final safety rules for the nascent air taxi industry on Tuesday (Oct 22), crossing a key milestone for companies such as Joby Aviation and Archer...
Texas Instruments forecasts fourth-quarter below estimates on weak chip demand in industrial markets
TEXAS Instruments (TI) forecast fourth-quarter revenue and profit below estimates on Tuesday (Oct 22) as the chipmaker navigates a buildup of inventory in some segments such as industrial, even...
TSMC told US of chip in Huawei device after TechInsights finding: source
TAIWAN Semiconductor Manufacturing Company (TSMC) notified the US a couple of weeks ago that one of its chips had been found in a Huawei device after a teardown by...
OUE unit to issue S$50 million in fixed-rate green notes due 2029 at 4%
AN OUE subsidiary, OUE Treasury, has proposed to issue S$50 million in green notes due 2029 at a fixed rate of 4 per cent per annum, the property player...
