Real Estate
Saudi Aramco boosts prices to Asia as Middle Eastern crude soars
SAUDI Arabia hiked the price of its flagship crude to Asia by the most in more than two years as the kingdom responds to surging premiums for Middle Eastern...
Singapore shares rise as tariff concerns fade; STI up 0.4%
Across the broader market, gainers beat losers 352 to 186, after 1.3 billion securities worth S$1.1 billion change handsBUOYED by fading concerns about the economic threat posed by US...
US Federal Reserve releases its Wall Street bank stress-test plans
THE US Federal Reserve released hypothetical scenarios for its annual stress tests, which seek to evaluate the resilience of big banks and ensure they can keep lending even in...
Sonos cuts 12% of workers in bid to improve product organisation
Sonos said it’s cutting about 12 per cent of its staff, or 200 workers, in a bid to make its product teams “flatter, smaller and more focused”.Santa Barbara, California-based...
Coffee soars to record US$4 mark as supply fears power rally
ARABICA coffee topped US$4 per pound in New York for the first time, as concerns over tight global supplies fuel a dizzying rally that’s doubled prices over the past...
Parkway Life Reit H2 DPU falls 1.3% to S$0.0738 on enlarged unit base
PARKWAY Life Real Estate Investment Trust (Reit)‘s distribution per unit (DPU) for the second half ended Dec 31, 2024 was S$0.0738, sliding 1.3 per cent from S$0.0748 in the...
CapitaLand Malaysia Trust to buy three freehold industrial properties in Johor-Singapore SEZ for RM72 million
CAPITALAND Malaysia Trust (CLMT), a subsidiary of CapitaLand Investment, on Wednesday (Feb 5) signed a conditional agreement to acquire three freehold industrial properties for a cash consideration of RM72...
Over 500 investors, including 300 Singaporeans, kick off claim against Switzerland over Credit Suisse bond losses of over US$250 million
Drew & Napier is leading action by investors who saw their investments wiped out when CS AT1 bonds were written down as part of takeover by UBSMORE than 500...
