Lifestyle
USDJPY expected to see continued bullish momentum
The Japanese yen has been dominating headlines in the forex market due to its steep depreciation against the US dollar. The USDJPY pair has experienced a meteoric rise since...
Singapore-based retail S-Reits record growth on higher sales, positive rent reversion
The seven Singapore real estate investment trusts (Reits) with significant exposure to Singapore-based retail assets have observed continued improved operating metrics, supported by the tourism recovery as well as...
Apple has US$230 billion week on bet AI iPhones are must-haves
Apple investors finally have a roadmap for how it will use artificial intelligence (AI) – and they’ve responded by pushing the stock to a record high this week. Wall Street...
Musk wins pay approval but still faces Tesla’s floundering stock and rich valuation
TESLA shareholders approved CEO Elon Musk’s US$56 billion pay package in what was seen as an endorsement of his leadership, but the electric carmaker’s stock remains richly valued even...
DP World plans US$3 billion African ports investment by 2029
DP World plans to spend $3 billion over the next three to five years on new port and logistics infrastructure in Africa to meet long-term growth that includes surging...
Income Insurance says it is in discussion with Allianz for potential transaction of shares
INCOME Insurance is currently “in discussion” with European insurer Allianz on a transaction relating to Income’s shares, it said on Friday (Jun 14). The statement follows media reports that...
Singapore shares fall amid mixed regional showing; STI down 0.8%
SINGAPORE shares ended lower on Friday (Jun 14), with the benchmark Straits Times Index (STI) falling 0.8 per cent or 26.98 points to 3,297.55. Across the broader market, losers...
Chanel billionaire’s son builds US$110 million private equity firm
THE son of one of Chanel’s billionaire owners is building a team to help run his private equity venture as a huge luxury goods fortune trickles down to the...
