Real Estate
UOB prices A$2 billion floating rate senior unsecured notes
UOB announced on Friday (Feb 21) that its Sydney branch has priced its A$2 billion (S$1.7 billion) floating rate senior unsecured notes. The notes will be due on Feb...
Vicom posts 11% higher H2 net profit on robust demand for vehicle testing
VEHICLE Inspection company Vicom posted 11 per cent higher net profit of S$15.2 million for the half-year ended Dec 31, 2024, from S$13.7 million in the year before.This comes...
Alibaba rockets more than 14% to boost Hong Kong market
SHARES in e-commerce titan Alibaba soared more than 14 per cent on Friday (Feb 21), extending a blistering rally in Hong Kong’s Hang Seng Index, after forecast-topping earnings added...
Abrdn in talks to launch China asset management venture with Citic unit: sources
ABRDN is in advanced talks with Citic Bank to launch an asset management joint venture in China, two sources with knowledge of the matter said, as the British firm...
StanChart reports 18% rise in annual profit, roughly in line with estimates
STANDARD Chartered reported on Friday its annual profit rose 18 per cent, roughly in line with analysts’ estimates, on strong performance of its wealth and markets business.The London-based bank...
Rex International falls 19.5% to S$0.173 on heavy trading after profit warning
SHARES of oil exploration and production company Rex International fell on Friday (Feb 21) morning on heavy trading after the company said it was expecting to post a net...
PBOC injects most short-term funds this month amid cash crunch
The PBOC has been tolerating a surge in repo rates and kept liquidity conditions tight, aiming to support the yuan amid economic headwindsCHINA’S central bank increased injection of short-term...
Trump tariff worries set gold on course for eighth straight weekly gain
GOLD prices were little changed on Friday (Feb 21) but remained on track for an eighth successive weekly gain, driven by concerns over US President Donald Trump’s tariff plans,...
