Real Estate
Italy probes CK Hutchison unit on tax in 3.4 billion euros asset sale
CK HUTCHISON’s Italian telecommunications unit is the target of a probe alleging that it evaded taxes during a 3.4 billion euros (S$4.8 billion) asset sale to Cellnex Telecom. The...
Elite UK Reit divesting property in England for £1.6 million
THE manager of Elite UK Reit announced in a bouse filing on Friday (Dec 20) that Perpetual (Asia) Limited, the trustee of the real estate investment trust (Reit), has...
Stocks to watch: CDLHT, Cromwell E-Reit, CLI, Clas, IReit Global, Elite UK Reit
THE following companies saw new developments that may affect the trading of their securities on Friday (Dec 20):CDL Hospitality Trusts (CDLHT): The stapled group is venturing into the student...
Nike results beat low expectations; CEO warns turnaround will be a slog
NIKE’S results beat modest estimates on Thursday (Dec 19) and its shares jumped briefly, but the company soon dashed investor hopes and sent shares lower when a top executive...
US: Stocks end flat as rebound effort losses steam
WALL Street stocks finished little changed on Thursday (Dec 19) as Treasury bond yields climbed further in the wake of a Federal Reserve decision that prompted deep selling in...
CDL Hospitality Trusts ventures into student accommodation with £37.3 million UK deal
CDL Hospitality Trusts is venturing into the student accommodation business for the first time, with the purchase of a purpose-built student accommodation (PBSA) in Liverpool, United Kingdom.The PBSA is...
Saudi Global Ports, co-owned by PSA, taps banks for up to US$1 billion IPO
STATE-backed Saudi Global Ports has picked banks including Goldman Sachs Group and HSBC Holdings to help arrange a planned Riyadh initial public offering, according to people familiar with the...
NBA Salary Rankings 2024
Hey there, basketball fans! The NBA salary rankings for 2024 are out, and they’re as eye-popping as ever. From seasoned legends to fresh faces, the league’s top earners are...
