Real Estate
Temasek unveils S$10 billion private credit entity
SINGAPORE’S state investment company Temasek said on Friday (Dec 6) that it has established a wholly owned private credit entity with an initial portfolio amounting to S$10 billion, consisting...
Temasek initiates wholly owned private credit platform of about S$10 billion
It will be led by Nicolas Debetencourt, head of credit and hybrid solutions at Temasek SINGAPORE investment company Temasek announced on Friday (Dec 6) the formation of a wholly...
Nasa delays first moon landing in more than 50 years to 2027
NASA is delaying its first moon landing in more than 50 years by several months to 2027, as engineers at the agency race to fix critical safety issues with...
Amazon successfully tests using delivery drones in Italy
AMAZON said on Thursday (Dec 5) it had successfully completed an initial test of using delivery drones in Italy, the first European country where the e-commerce giant plans to...
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 –...
