Real Estate
Singapore shares open lower on Friday; STI down 0.4%
SINGAPORE stocks were trading in negative territory on Friday (Nov 29), following continued worries regarding Trump’s tariff threats. As at 9.01 am, the Straits Times Index (STI) declined 15.47...
Renault goes on China hiring spree to bolster EV push at home
RENAULT is trying to strengthen its electric vehicle (EV) business at a time of flagging demand by building up its footprint in a country where it does not even...
SBS Transit and French transport operator RATP Dev win tender to operate Jurong Region Line
A JOINT venture between SBS Transit and French multimodal transport operator RATP Dev has won the tender to operate and maintain the Jurong Region Line, Singapore’s seventh Mass Rapid...
Indian banks review Adani exposure in wake of US bribery allegations
INDIAN banks are reviewing their Adani exposure and whether they need to tighten due diligence, eight bankers said on Thursday (Nov 28), after the group’s billionaire founder Gautam Adani...
Single leverage limit, additional disclosures imposed on all S-Reits: MAS
S-Reit managers will have to disclose their plans to manage Reits’ leverage and ICR levels in their financial and annual reportsALL Singapore-listed real estate investment trusts, or S-Reits, will...
Abu Dhabi’s IHC maintains outlook on Adani Group stakes as stocks rise sharply
INTERNATIONAL Holding Co’s (IHC) outlook on investments in India’s Adani Group remains unchanged, the Abu Dhabi conglomerate said following the US indictment of billionaire Gautam Adani, while the company’s...
Hot stock: PEC rises 11.4% after talks of potential share deal
The counter climbs 11.4 per cent or S$0.085 to S$0.83 as at 11.18 am. SHARES of engineering company PEC were up 11.4 per cent on Thursday (Nov 28) following...
Mizuho weighs new push to target India’s private equity boom
MIZUHO Financial Group is considering making a push into a new area for the lender in India focusing on private equity and venture capital firms, seeking to tap some...
