Real Estate
Data centres the standout performers among S-Reits in Q3
Singapore-listed Reits report healthy operational performance, even as they face pressure from higher interest ratesDATA centres turned out to be the surprise package in what was otherwise an expected...
Data centres the standout performers among S-Reits in Q3; analysts have mixed views on the sector overall for next quarter
Singapore-listed Reits report healthy operational performance, even as they face pressure from higher interest ratesDATA centres turned out to be the surprise package in what was otherwise an expected...
Apple makes US$100 million investment proposal for new plant in Indonesia
TECH giant Apple has made a US$100 million investment proposal to Indonesia to build a plant to manufacture accessories and components, the industry ministry said on Wednesday (Nov 20).The...
Hot stock: Keppel DC Reit up 4.6% as investors weigh S$1.4 billion data centre deal, equity fundraising
It remains the top-traded counter in terms of value by mid-day trading break on WednesdayUNITS of Keppel DC Real Estate Investment Trust (Reit) extended their early-trade rally, adding S$0.10...
CLI to acquire initial 40% interest in SC Capital Partners for S$280 million
CAPITALAND Investment (CLI) has agreed to buy an initial 40 per cent stake in Singapore-headquartered real estate investment manager, SC Capital Partners, for S$280 million.The deal is slated to...
Trafigura paid bribes via ‘Mr Non-Compliant’: Swiss prosecutors
TRAFIGURA was accused by Swiss prosecutors of channeling bribes to an Angolan official through a network of former employees, including one nicknamed “Mr. Non-Compliant” by the company’s late founder.The trading...
Google’s Anthropic AI deal cleared by UK antitrust agency
GOOGLE’S partnership with AI firm Anthropic has avoided further scrutiny after the UK antitrust watchdog concluded it doesn’t qualify for a full blown investigation under merger rules.
Google has...
Walmart raises annual forecasts, betting on strong holiday shopping
WALMART on Tuesday (Nov 19) raised its annual sales and profit forecast for the third consecutive time, with people buying more groceries and merchandise online and at its stores,...