Lifestyle

US dollar gains slightly on safe-haven bids after Biden ends re-election campaign
US dollar gains slightly on safe-haven bids after Biden ends re-election campaign
July 22, 2024
THE greenback was slightly higher on Monday (Jul 22), capturing some safe-haven flows, as investors digested US President Joe Biden’s decision to end his re-election campaign, which is expected...
Ryanair quarterly profit plummets as customers baulk at higher fares
Ryanair quarterly profit plummets as customers baulk at higher fares
July 22, 2024
The airline is struggling to sell its higher-priced tickets after removing lower-priced fares for last-minute ordersLOW-COST carrier Ryanair’s profits slumped by almost half in the three months to the...
Fitch rates Astrea 8 Class A-1 bonds ‘A+sf’, Class A-2 ‘Asf’
Fitch rates Astrea 8 Class A-1 bonds ‘A+sf’, Class A-2 ‘Asf’
July 22, 2024
About US$573 million from the amount raised has been used to partially repay existing loansFITCH Ratings has assigned final ratings of “A+sf” and “Asf” to Astrea 8 Class A-1...
LVMH’s L Catterton buys outlet malls stake in £1.5 billion deal
LVMH’s L Catterton buys outlet malls stake in £1.5 billion deal
July 22, 2024
L CATTERTON, the private equity firm backed by French luxury fashion house LVMH Moet Hennessy Louis Vuitton, has agreed to buy Hammerson Plc’s stake in outlet mall landlord Value...
Brokers’ take: RHB raises ST Engineering target on upbeat dividend, profit growth
Brokers’ take: RHB raises ST Engineering target on upbeat dividend, profit growth
July 22, 2024
This comes after the group increases its commercial aerospace capabilities with new contractsRHB Research has lifted its target price on ST Engineering by 11.1 per cent to S$5 from...
CapitaLand India Trust completes 6.8 billion rupees acquisition of Navi Mumbai office building
CapitaLand India Trust completes 6.8 billion rupees acquisition of Navi Mumbai office building
July 22, 2024
CAPITALAND India Trust (Clint) has completed the acquisition of an office building located in Navi Mumbai, India for 6.8 billion rupees (S$110 million).This increases Clint’s total completed floor area...
CapitaLand India Trust completes 6.8 billion rupees acquisition of Navi Mumbai office building
CapitaLand India Trust completes 6.8-billion-rupee acquisition of Navi Mumbai office building
July 22, 2024
CAPITALAND India Trust (Clint) has completed the acquisition of an office building located in Navi Mumbai, India for 6.8 billion rupees (S$110 million).This increases Clint’s total completed floor area...
Stocks to watch: Clint, Bukit Sembawang, OUE, Keppel Pacific Oak US Reit
Stocks to watch: Clint, Bukit Sembawang, OUE, Keppel Pacific Oak US Reit
July 22, 2024
THE following companies saw new developments that may affect trading of their securities on Monday (Jul 22): CapitaLand India Trust (Clint): The trust on Monday said it has completed...
Smaller boutique managers winning private capital with localised knowledge
Smaller boutique managers winning private capital with localised knowledge
July 21, 2024
They also offer advantages such as greater flexibility and good exposure to particular sectorsBETTER value, local networks and specialised knowledge. These are some of the reasons smaller private markets...
Buyback and director filings taper off during pre-earnings period
Buyback and director filings taper off during pre-earnings period
July 21, 2024
INSTITUTIONS were net sellers of Singapore stocks over the five trading sessions through to Jul 18, with S$98 million of net institutional outflow. The five sessions also saw nine...