Lifestyle
US IPO market to slow after Lineage, with quiet summer ahead
THE pricing of Lineage’s US$4.4 billion first-time share sale helped make last week into the busiest for United States initial public offerings (IPOs) in two and a half years....
Ether ETFs see US$340 million outflow in first week of trading
THE nine US exchange-traded funds (ETFs) holding the Ethereum cryptocurrency saw outflows of US$340 million during their first week of trading as investors pulled money daily from a high-fee...
Fewer phishing, infected infrastructure, website defacement incidents reported to CSA in 2023
THE Cyber Security Agency of Singapore (CSA) recorded a drop in the number of instances of phishing, infected infrastructure and website defacements year on year in 2023, although it...
CapitaLand Ascott Trust prices S$150 million of perpetuals at 4.6%
HOSPITALITY player CapitaLand Ascott Trust (Clas) has priced S$150 million in perpetual securities at 4.6 per cent, it announced on Monday (Jul 29). The issuance is expected to be...
Sheng Siong H1 net profit up 7% on higher revenue
SUPERMARKET chain Sheng Siong posted a 7 per cent increase in net profit to S$69.9 million for the first half ended Jun 30, from S$65.4 million the year before.Revenue...
Starhill Global Reit posts 6.6% lower H2 DPU of S$0.0185
STARHILL Global Reit posted a distribution per unit (DPU) of S$0.0185 in the second half ended Jun 30, 2024, down 6.6 per cent from the same period a year...
CapitaLand India Trust posts 8% rise in H1 DPU to 3.64 cents
CAPITALAND India Trust (Clint) saw an 8 per cent increase in distributions per unit to 3.64 cents for the half year ended Jun 30, thanks to growing rental income...
Alibaba shares jump on plans to boost service fee for merchants
Alibaba Group Holding shares rose the most in two months as investors cheered the e-commerce company’s plan to earn more service fees from merchants.The stock gained as much as...
