Real Estate
Boeing slows output of 737 Max jets to 31 a month due to wing systems issues
The US planemaker is working to grow production of its 737 MAX jet to at least 38 a month this year[WASHINGTON] Boeing slowed production of 737 MAX airplanes to...
Hiring Red Flags You Can’t Ignore
Hiring can be tricky, and spotting the right candidate is crucial. But sometimes, the signs are there, waving red flags that you can’t ignore. Recognizing these hiring red flags...
UOB trims interest rate on flagship One Account, joins OCBC in 360 Account cut
[SINGAPORE] UOB will cut interest rates on its flagship savings account, the One Account, in line with interest rate expectations. With effect from May 1, the maximum interest rate...
Ho Bee Land drops AVJennings bid; Australian property developer to be acquired by US fund
[SINGAPORE] Real estate group Ho Bee Land on Tuesday (Apr 1) said it has decided not to proceed with its offer for Australian property developer AVJennings. This comes after...
Buffett’s Berkshire Hathaway mandates banks for yen bond deal
WARREN Buffett’s Berkshire Hathaway is planning to sell yen bonds in the global markets, after the billionaire revealed that the firm is looking to increase ownership in Japan’s five...
Keppel Infrastructure Trust to buy 46.7% stake in subsea cable firm Global Marine for US$90.6 million
[SINGAPORE] Keppel Infrastructure Trust (KIT) will be acquiring about 46.7 per cent stake in Global Marine Group (GMG), a leading subsea cable solutions provider for about US$90.6 million, its...
Cordlife served two letters of demand from customers; any settlement likely to hit group’s finances
One group of clients seeking damages under contract breach, negligence; the other wants warranties and cost compensation[SINGAPORE] Cordlife received two letters of demand on Mar 28, with regard to...