Lifestyle
Malaysia’s Sapura Energy to sell stake in SapuraOMV to TotalEnergies for US$705 million
MALAYSIA’S Sapura Energy will sell its entire 50 per cent stake in oil and gas upstream company SapuraOMV to French energy group TotalEnergies for US$705.3 million, the company said...
CapitaLand Ascendas Reit posts 17% rental reversion in Q1
CAPITALAND Ascendas Reit : A17U 0% (Clar) saw its average rental rates go up by 16.9 per cent for leases renewed in the first quarter of 2024, up from...
Asia stocks rise on cooling geopolitical tensions; STI up 1.5%
SINGAPORE stocks ended higher on Monday (Apr 22), tracking regional gains amid expectations of lower geopolitical tensions between Israel and Iran.The Straits Times Index (STI) rose 1.5 per cent...
China state fund pours US$41 billion into stock market in Q1: reports
CHINESE state fund Central Huijin Investment bought blue-chips worth at least US$41 billion in the first quarter in a bid to shore up the sliding stock market, funds’ latest...
Saudi PIF merges mobile tower firms to create regional giant
SAUDI Arabia’s sovereign wealth fund agreed to buy a majority stake in Saudi Telecom’s tower unit for 8.7 billion riyals (S$3.15 billion) and plans to merge it with other...
EU aims to increase food exports to China despite trade tensions
ON A visit to China this week, EU Agriculture Commissioner Janusz Wojciechowski said his focus will be on increasing agri-food exports to the world’s second-largest economy and keeping food...
Vietnam central bank delays gold auction due to lack of interest
VIETNAM’S central bank said on Monday (Apr 22) it would cancel its first gold auction in 11 years due to a lack of interest from buyers, and said the...
Oil prices ease as Iran-Israel tensions ease
OIL prices fell on Monday, dragged down by a renewed focus on market fundamentals as Israel and Iran played down the risks of an escalation of hostilities in the...
