Real Estate
RHB says Suntec Reit unitholders should reject S$1.16 offer, sees positives for the Reit
Offer price is a 44% discount to the Reit’s net asset value, says the research houseRHB has recommended unitholders of Suntec Real Estate Investment Trust (Reit) to reject the...
Singapore shares open lower on Friday; STI falls 0.4%
SINGAPORE shares opened in the red on Friday (Dec 6) , mirroring declines in the broader Asian region.The benchmark Straits Times Index (STI) fell 14.78 points, or 0.4 per...
Reserve Bank of Australia bucks global easing cycle with experiment on steady rates
AUSTRALIA’S central bank is conducting a bold monetary experiment – by doing nothing.Where most developed-world peers are now well into their easing cycles, the Reserve Bank of Australia (RBA)...
Lilly to boost obesity drug supply with US$3 billion expansion
ELI Lilly is spending another US$3 billion to build out its US manufacturing footprint as it ramps up production of its blockbuster diabetes and weight-loss drugs.The latest investment –...
Lululemon raises annual forecasts betting on robust holiday sales
LULULEMON Athletica increased its full-year forecasts on Thursday (Dec 5), betting on resilient demand for its athletic wear in the US during the holiday shopping season and continued strength...
US: Wall Street opens muted with jobs data in focus
WALL Street’s main indexes opened subdued on Thursday (Dec 5) following record high closes for all three main indexes in the previous session, as investors awaited upcoming employment data...
ST Telemedia sells majority stake in Malaysian telecom firm U Mobile
Singapore Technologies Telemedia said on Wednesday (Dec 4) Malaysia’s Mawar Setia will acquire a majority stake in the company’s U Mobile unit, a mobile and broadband service provider in...
Credit Card Timeline: Application to Approval
If you’ve ever applied for a credit card, you might have wondered how long it takes to get approved. The approval process can vary widely, and understanding what happens...
