Real Estate
Saudi Arabia reports first-quarter deficit of US$15.65 billion
Declining oil prices and voluntary production cuts have weighed on Saudi revenue in recent yearsPublished Mon, May 5, 2025 · 10:01 PM[RIYADH] Saudi Arabia’s deficit widened significantly to US$15.65...
Tyson Foods beats quarterly profit estimates on strong chicken demand
The company witnessed sustained demand for its frozen meat and ready-to-eat food as consumers increasingly preferred eating at homePublished Mon, May 5, 2025 · 09:02 PM[NEW YORK] Tyson Foods...
Procurri Corp moves towards delisting by appointing IFA for privatisation offer
[SINGAPORE] Procurri Corp has appointed Evolve Capital Advisory as the independent financial adviser (IFA) for the acquisition offer from parent company Exeo Global Asset Holdings amid a potential delisting...
SIC proposes changes to takeovers and mergers code to protect competitive process, improve disclosures
[SINGAPORE] The Securities Industry Council (SIC) on Monday (May 5) issued a consultation paper on amendments to Singapore’s Code on Take-overs and Mergers, with the aim to enhance regulation...
Singapore stocks end higher on Monday; STI up 0.2%
Top gainer is DFI Retail Group at US$2.71, while the biggest decliner is Yangzijiang Shipbuilding at S$2.11[SINGAPORE] Stocks in Singapore ended higher on Monday (May 5), tracking Friday’s gains...
IPhone maker Hon Hai’s April sales surge 26% ahead of US tariffs
Published Mon, May 5, 2025 · 05:16 PM[TAIPEI] Hon Hai Precision Industry, the main contract manufacturer for Apple and Nvidia, said its April revenue rose 26 per cent, likely...
Grab appoints Alejandro Osorio as new managing director for Singapore
[SINGAPORE] Ride-hail and delivery giant Grab announced on Monday (May 5) that Alejandro Osorio has been appointed as managing director (MD) of Grab Singapore. Osorio currently leads the Grab...
Singapore dollar surges to 1.29 to US dollar amid Asia currency rally
[SINGAPORE] Asian currencies rallied on Monday (May 5) on hopes of a thaw in the US-China trade war and regional tariff deals with the Trump administration. Taiwan led the charge,...