Real Estate
US: Stocks end higher, shrugging off Moody’s downgrade
[NEW YORK] Wall Street stocks edged higher on Monday after shrugging off a spike in US Treasury bond yields following Moody’s downgrade of the US credit rating.But yields subsequently eased as...
US: Wall St opens lower after Moody’s rating cut; yields rise
Published Mon, May 19, 2025 · 09:51 PM[NEW YORK] Wall Street’s main indexes opened lower on Monday (May 19) as Treasury yields rose after Moody’s downgraded the US sovereign...
DFI Retail Group’s Q1 underlying profit falls 18% on sale of Chinese supermarket
[SINGAPORE] DFI Retail Group’s underlying profit for Q1 2025 fell 18 per cent compared with the same period a year ago, due to the divestment of Yonghui Superstores last...
Ossia appoints Asian Corporate Advisors as independent financial adviser for privatisation offer
The controlling shareholders of Ossia have made an unconditional offer on May 15 to take the company private at S$0.16 a share[SINGAPORE] Mainboard-listed Ossia International has appointed Asian Corporate...
STI slips 0.6%, weighed down by US credit rating downgrade
[SINGAPORE] Singapore shares closed the first trading day of the week lower, as with most of the regional major indexes, as United States equity and bond futures slid in...
Indonesia’s Pertamina seeks petrol for July-December, excludes Singapore supply
Indonesia is considering a cut to fuel imports from Singapore and instead increase supply from the USPublished Mon, May 19, 2025 · 04:54 PM[SINGAPORE/JAKARTA] Indonesia’s Pertamina has issued five...
Kwek Poh Heok named new CEO of Business China; Ho Chee Hin exits into public sector
[SINGAPORE] Kwek Poh Heok has been appointed the new chief executive of Business China, with effect from Jul 1. She succeeds Ho Chee Hin who served as CEO from...
Hong Kong dollar falls to near one-year low on flush cash conditions
[HONG KONG] The Hong Kong dollar weakened to a near one-year low against the US dollar on Monday (May 19), reversing the strength seen two weeks ago, as falling...
