Real Estate
CapitaLand Ascendas Reit portfolio occupancy falls to 92.1% in Q3
The business space and industrial Reit’s aggregate leverage rises to 38.9%, from 37.8% in Q2PORTFOLIO occupancy at CapitaLand Ascendas Reit (Clar) declined to 92.1 per cent in Q3, from...
Thames Water seeks £3 billion from creditors on urgent cash needs
THAMES Water Utilities seeks to raise up to £3 billion (S$5.1 billion) from its creditors to buy the company more time to avoid going into special administration early next...
Hot stock: Sats surges to 2-year high amid heavy trading
SHARES of in-flight caterer and ground handler Sats advanced amid a steady surge in trading volumes in the morning trading session on Friday (Oct 25). As at 9.33 am,...
US: S&P 500, Nasdaq rebound as Tesla shares soar
The S&P 500 and the Nasdaq opened higher on Thursday (Oct 24), recovering from a selloff in the previous session, as gains in Tesla shares after its optimistic earnings...
Euro, yen bounce as US dollar stalls near three-month highs
THE euro and Japanese yen climbed from recent lows on Thursday (Oct 24), while the US dollar paused after a relentless ascent to near three-month highs underpinned by expectations...
Hasbro profit beats estimates as cost cuts offset weak toy demand
HASBRO’S cost-saving efforts helped the Monopoly owner surpass Wall Street estimates for profit in the third quarter, despite weak consumer spending on toys driving a steeper-than-expected drop in sales.
Toymakers...
Banks, telcos, scam victims to share loss liability from Dec 16; financial institutions to roll out real-time surveillance
FINANCIAL institutions (FIs) will now be required to implement real-time fraud surveillance on unauthorised transactions from phishing scams, under the shared responsibility framework (SRF).
This in response to feedback received...
Oil prices rise 1% as Middle East attacks heighten supply concerns
OIL prices rose more than 1 per cent on Thursday (Oct 24), reversing some of the previous session’s losses, as the Middle East conflict and reports of North Korean...
