Lifestyle
More attractive land prices for Singapore tenders ahead, says Citi, giving its top developer pick
[SINGAPORE] More attractive land prices could be on the horizon for eight upcoming government tenders from May to September this year, in support of developers’ land replenishment exercises, said...
Dovish Bank of Japan policymaker urges pause in rate hikes on US tariff uncertainty
[TOKYO] The Bank of Japan must hold off raising interest rates for the time being, its board member Toyoaki Nakamura said on Friday, warning of growing downward pressure on...
Tariff truce spurs Pacific trade rush, boosting global shippers
[HONG KONG] Importers rushing to ship Chinese goods to the US using a short reprieve from paralysing tariffs could provide a much-needed boost to global freighters.The surprise truce between...
Genting Singapore shares are undervalued despite drop in earnings, Morningstar says
[SINGAPORE] Genting Singapore’s shares are undervalued despite its recent weak earnings, says Morningstar. Morningstar’s senior equity analyst, Jennifer Song, has a fair value estimate of S$0.96 for Genting Singapore...
HPL surges 5%; SGX RegCo requests explanation
[SINGAPORE] Shares of Hotel Properties Ltd (HPL) climbed as high 5.3 per cent in morning trading on Friday (May 16), prompting queries from Singapore Exchange Regulation (SGX RegCo) for...
Ong Beng Seng’s HPL jumps almost 10% in heavy trading; company says unaware of reason for spike
[SINGAPORE] Shares of Hotel Properties Ltd (HPL) jumped almost 10 per cent in active trading on Friday (May 16) morning, prompting queries from Singapore Exchange Regulation (SGX RegCo).At about...
Ossia surges more than 40% following privatisation offer from controlling shareholders
The offerors say the company faces a challenging environment in Singapore and abroad[SINGAPORE] Shares of Ossia jumped more than 40 per cent on Friday (May 16), after group executive...
Cost to ship goods from China jumps as tariff truce spurs demand
The cost for a 40-foot container from Shanghai to Los Angeles has jumped 15.6 per cent from the prior week to US$3,136, the biggest gain in percentage terms since...
Geely appoints Zeekr head as new group CEO in shakeup
[HONG KONG] Billionaire Li Shufu is shaking up his sprawling Geely auto empire, lining up a new chief executive weeks after a shock move to take its US-listed premium...
Europe: Stoxx 600 recovers declines; defence stocks gain after Russia-Ukraine meet
EUROPEAN shares reversed early declines to close higher on Thursday, with industrial stocks getting the biggest boost, while corporate earnings remained in the spotlight.The continent-wide Stoxx 600 index closed 0.56...