Real Estate

HSBC names Asia country, banking heads in CEO’s major revamp
HSBC names Asia country, banking heads in CEO’s major revamp
February 26, 2025
HSBC Holdings gave country heads in some smaller Asian markets additional responsibilities as the lender streamlines and removes management layers. Peter Kim was appointed head of banking on top...
EY Australia to consider ‘targeted restructuring’ as difficult operating conditions persist
EY Australia to consider ‘targeted restructuring’ as difficult operating conditions persist
February 26, 2025
EY AUSTRALIA is considering cutting jobs as part of “workforce adjustments” to reflect challenging market conditions, with some targeted restructuring possible for “particular circumstances” in the near term, the...
The unravelling of Hour Glass co-founder Jannie Chan’s fortunes
The unravelling of Hour Glass co-founder Jannie Chan’s fortunes
February 26, 2025
FETED at high-society events and billed as a poster girl for female entrepreneurship, Jannie Chan - erstwhile known as Jannie Tay - once graced pages of Tatler and The...
CDL calls for trading halt as it cancels results briefing
CDL calls for trading halt as it cancels results briefing
February 26, 2025
City Developments announced on Wednesday (Feb 26) morning that it is canceling its results briefing that was scheduled to be held on the same day, pending announcements.That was to...
CDL calls for trading halt as it cancels results briefing
CDL H2 net profit drops 54.7% to S$113.5 million
February 26, 2025
PROPERTY player City Developments Limited (CDL) posted a profit of S$113.5 million for its second half ended Dec 31, down 54.7 per cent from S$250.8 million in the previous...
China’s premier calls on big three telcom firms to step up R&D
China’s premier calls on big three telcom firms to step up R&D
February 26, 2025
A tariff war with the US is adding fresh urgency to finding new growth drivers, with Trump already imposing a 10 per cent levy on ChinaCHINESE Premier Li Qiang...
Trump to probe copper tariffs, opening door to new levy on metal
Trump to probe copper tariffs, opening door to new levy on metal
February 25, 2025
PRESIDENT Donald Trump signed an executive action directing the Commerce Department to examine possible copper tariffs, the latest in a string of measures aimed at imposing sector-specific levies that...
OCBC misses estimates with Q4 earnings of S.69 billion; unveils S.5 billion capital return plan
OCBC misses estimates with Q4 earnings of S$1.69 billion; unveils S$2.5 billion capital return plan
February 25, 2025
OCBC on Wednesday (Feb 26) posted a net profit of S$1.69 billion for the fourth quarter ended December, up 4 per cent from S$1.62 billion in the previous corresponding...
MAS review group initiatives to benefit banks, Reits in near term
MAS review group initiatives to benefit banks, Reits in near term
February 25, 2025
DIVIDEND-PAYING players such as banks and real estate investment trusts (Reits) may gain in the near term from the first set of measures by the Monetary Authority of Singapore...
Nanofilm H2 profit rises 6.5% to S.5 million 
Nanofilm H2 profit rises 6.5% to S$11.5 million 
February 25, 2025
NANOFILM Technologies reported a 6.5 per cent increase in net profit in the second half ended Dec 31, 2024, to S$11.5 million, from S$10.8 million, the nanotechnology solutions provider...