Real Estate
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,...
Seven & i founding family aims to raise 8 trillion yen for buyout this year: NHK
THE founding Ito family behind Japanese retailer Seven & i aims to raise more than 8 trillion yen (S$70 billion) to take it private by the end of this...
US$34 billion asset manager plans to hire in Singapore for climate finance
Mirova currently has 13 employees in Singapore, mostly focused on investment and research Mirova, which manages assets worth about US$34 billion, plans to expand in Asia to tap the...
WeWork gives up two Singapore prime locations in sign of co-working woes
WEWORK is giving up space in two prime locations in Singapore, underscoring the company’s challenges in one of its most promising markets.One co-working space spanning the 17th to 20th...
