Real Estate
Keppel Pacific Oak US Reit posts 8.8% fall in distributable income to US$23.8 million for H2
This brings its income available for distribution for the full-year down 8.8% to US$47.6 million from US$52.2 millionTHE manager of Keppel Pacific Oak US Reit (Kore) on Tuesday (Feb...
Japan’s biggest lender MUFG posts 32% jump in Q3 profit
Japan’s largest lender Mitsubishi UFJ Financial Group on Tuesday (Feb 4) reported a 32 per cent increase in quarterly net profit.Profit in the October-December period came in at 490.74...
Will Power: Why Your Family Needs More Than Just a Basic Will
Thinking a basic will covers all your family needs? Think again. A simple will might not be enough to protect your loved ones and your assets. Estate planning is...
Cathay Cineplex receives letters of demand for about S$2.7 million in rent and other costs owed
MM2 Asia, which runs the cinema chain, is trying to resolve the matter while prioritising minimal disruption to business operationsCATHAY Cineplex, operated by mainboard-listed media company mm2 Asia, has...
Lendlease Global Commercial Reit reports 14.3% lower H1 DPU of S$0.018
LENDLEASE Global Commercial Real Estate Investment Trust’s (Lendlease Reit) distribution per unit (DPU) fell 14.3 per cent to S$0.018 for its first half ended Dec 31, 2024, from S$0.021...
Julius Baer announces 400 job cuts, executive board revamp
JULIUS Baer Group’s new chief executive officer Stefan Bollinger announced a radical revamp of the bank’s leadership and a cost-cutting drive that will claim hundreds of jobs at the...
Private healthcare players upbeat as China hospitals ease rules on foreign ownership
Significant investments are needed for these hospitals to make returns, observers sayTHE Chinese government’s recent move to allow foreign healthcare players to wholly own hospitals in certain regions will...
SoftBank’s Son, OpenAI’s Altman to unveil Japan AI thrust
SOFTBANK Group’s founder Masayoshi Son is taking the stage in Tokyo on Monday (Feb 3) with OpenAI chief Sam Altman, part of a global push to spur investment in...
