Real Estate

PropNex Realty faces second lawsuit over 99-1 deals
PropNex Realty faces second lawsuit over 99-1 deals
[SINGAPORE] A PropNex unit – together with its salesperson and a law firm – has been sued by an Indonesian couple claiming about S$850,000 over a 99-to-1 transaction, making...
Keppel enters joint venture to develop 19 plots of land in Tianjin
Keppel enters joint venture to develop 19 plots of land in Tianjin
Agreement includes Keppel’s divestment of 30% stake in property developer Tianjin Fulong[SINGAPORE] Keppel Ltd said its wholly owned subsidiaries have entered into an agreement with Tianjin Shunhua Real Estate...
Fireworks at CDL AGM, but shareholders vote strongly in favour of all resolutions
Fireworks at CDL AGM, but shareholders vote strongly in favour of all resolutions
[SINGAPORE] The boardroom tussle at City Developments Ltd (CDL) involving executive chairman Kwek Leng Beng and his son, chief executive officer Sherman Kwek, was purportedly set aside for the...
Apple fined 500 million euros and Meta 200 million euros for breach of EU law
Apple fined 500 million euros and Meta 200 million euros for breach of EU law
[BRUSSELS] Apple was fined 500 million euros (S$747.6 million) on Wednesday (Apr 23) and Meta 200 million euros, as European Union antitrust regulators handed out the first sanctions under...
Digital Core Reit’s Q1 distributable income rises 9.9% to US.7 million
Digital Core Reit’s Q1 distributable income rises 9.9% to US$11.7 million
Its revenue is up 79.9% at US$44.2 million; net property income grows 41.8% to US$22.4 million[SINGAPORE] Digital Core Real Estate Investment Trust (Reit) posted distributable income attributable to unitholders...
Netflix raises prices in Singapore as analysts remain ‘neutral’ on counter
Netflix raises prices in Singapore as analysts remain ‘neutral’ on counter
[SINGAPORE] Netflix has raised its subscription prices in Singapore by S$2 to S$4, even as analysts remain neutral on the counter. The prices of the three subscription plans will go...
PSA weighs selling 20% stake in CK Hutchison’s ports business: sources
PSA weighs selling 20% stake in CK Hutchison’s ports business: sources
Published Wed, Apr 23, 2025 · 04:23 PM[SINGAPORE] PSA International is exploring the sale of its 20 per cent stake in CK Hutchison’s ports business, two people with knowledge...
Chinese buyout firm is said to consider sale of chip tester UTAC
Chinese buyout firm is said to consider sale of chip tester UTAC
Considerations are at an early stage and Wise Road may decide not to proceed with a sale of the Singaporean company it acquired from a group of shareholders including...
Asia: Markets rally as Trump comments ease Fed, China trade fears
Asia: Markets rally as Trump comments ease Fed, China trade fears
[HONG KONG] Asian stocks rallied with Wall Street on Wednesday (Apr 23) after Donald Trump said he had “no intention” of firing the head of the Federal Reserve and...
Intel to announce plans this week to cut over 20% of staff
Intel to announce plans this week to cut over 20% of staff
[TAIPEI/SAN FRANCISCO] Intel is poised to announce plans this week to cut more than 20 per cent of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, according...