Real Estate
Airbus to take over Spirit asset as part of Boeing reintegration
[LONDON] Airbus reached a final agreement to take over some assets and sites from Spirit AeroSystems Holdings, clearing the way for the struggling US aerospace supplier to be acquired...
If OCBC wants to keep Chulia Street properties, it should partner a property group to redevelop them
IN this column on Mar 31, I advocated that OCBC should sell its Chulia and Church Street properties so that the assets can be redeveloped to create a new...
Thai bonds see rush of inflows on rate-cut bets, gold prices
[BANGKOK] Thailand’s bond market is on course for its best monthly inflows in more than three years, helped by interest-rate-cut bets and a stronger baht due to surging gold...
CapitaLand Ascott Trust gross profit rises 4% in Q1
[SINGAPORE] CapitaLand Ascott Trust’s (Clas) managers said on Monday (Apr 28) that the trust’s gross profit rose 4 per cent year on year in the first quarter of 2025....
ST Engineering wins new contracts worth S$4.4 billion in Q1 2025
[SINGAPORE] ST Engineering bagged new contracts worth about S$4.4 billion in the first quarter of 2025. In a statement on Monday (Apr 28), the company said commercial aerospace accounted...
China’s Huawei develops new AI chip, seeking to match Nvidia: WSJ
The Chinese company hopes that the latest iteration of its Ascend AI processors will be more powerful than Nvidia’s H100Published Mon, Apr 28, 2025 · 08:25 AM[BENGALURU] China’s Huawei...
OCBC-GEH saga: Could the insurer’s suspension be resolved through a selective capital reduction?
At OCBC’s annual general meeting on Apr 17, chairman Andrew Lee left no doubt that the banking group has been unmoved by calls for it to distribute its stake...