Lifestyle
CDL to buy back preference shares at S$0.78 each via off-market, equal access scheme
The offer, to be made in cash, allows it to exercise greater control over its share capital structure in relation to the preference shares[SINGAPORE] Property player City Developments Limited...
Sea swings into the black in Q1 with US$410 million profit on surge in Shopee, financial services earnings
[SINGAPORE] Sea reported first-quarter 2025 earnings of US$410.8 million, reversing from a loss of US$23 million in Q1 2024 on Tuesday (May 13).Revenue for the quarter rose 29.6 per...
Prime US Reit distributable income for Q1 2025 down 30% to US$8.4 million
[SINGAPORE] Prime US Reit’s distributable income fell 30 per cent to US$8.4 million, from US$12 million in the year-ago period. On a same-store basis, income available for distribution declined by...
Singapore stocks rise after breakthrough in US-China talks; STI edges up 0.1%
[SINGAPORE] Local stocks finished Tuesday (May 13) higher after the United States and China announced they would temporarily lower tariffs on each other’s products in a 90-day cool-off period....
Asia: Most markets extend rally in glow of China-US truce
[HONG KONG] Most Asian stocks extended gains on Tuesday as investors continued to bask in the glow of the China-US tariff suspension that has fuelled hopes the world’s two economic...
UN aviation agency finds Russia responsible for 2014 downing of MH17 over Ukraine
[MONTREAL] The United Nations aviation agency said on Monday that Russia was responsible for the downing of a Malaysia Airlines jetliner over Ukraine in 2014, leading to the deaths...
Singapore’s STI jumps 1.8% on US-China tariff truce; bank shares soar
[SINGAPORE] Asian markets continued their rally on Tuesday (May 13) as investors cheered the announcement that the US and China would temporarily lower tariffs on each other’s products in...
Seatrium bags floating storage regasification unit conversion contract from Norway’s Hoegh Evi
[SINGAPORE] Seatrium announced on Tuesday (May 13) that it won a floating storage regasification unit (FSRU) conversion contract from Norwegian floating energy infrastructure provider Hoegh Evi for an undisclosed...
