Real Estate
Amazon reassures investors with cloud growth, cost-cutting
AMAZON.COM reported strong results that showed a company humming on all cylinders, a testament to its efforts to cut and reallocate costs and put the cloud computing and e-commerce...
CDL acquires 51% stake in Shanghai mixed-used site for 4.6 billion yuan
CITY Developments Ltd (CDL), together with its partner in China, Lianfa Group, have been awarded the tender for a mixed-use development site in the Xintiandi area of Shanghai’s Huangpu...
Chua Hsien Yang to head Keppel Reit’s manager from Jan 1
Current CEO Koh Wee Lih will become managing director of business development at KeppelKEPPEL Reit’s manager on Friday (Nov 1) announced that Chua Hsien Yang will be appointed as...
SMI Vantage seeks to delist without exit offer, citing ‘difficult financial conditions’
SMI Vantage intends to hold an extraordinary general meeting for minority shareholders to evaluate and vote on a resolution that will see the company delist without an exit offer.The...
Brokers’ take: RHB raises price target for Sheng Siong on positive outlook
RHB on Wednesday (Oct 30) raised its price target for Sheng Siong to S$2 from S$1.88 and kept its “buy” call on the counter. The new price target represents a...
Intel surges after results spark optimism over turnaround
INTEL gave a fourth-quarter revenue forecast slightly above estimates, sparking optimism that it’s capable of reclaiming some lost market share. Fourth-quarter revenue will be US$13.3 billion to US$14.3 billion, the...
Apple results top Wall Street targets on strong iPhone sales, shares slip on outlook
APPLE’S AI-enhanced iPhone made a strong start, helping push quarterly sales ahead of Wall Street expectations, but questions about whether the rollout will continue apace were underscored by a...
Equity-focused gold ETFs may miss out on market tailwinds
BULLION-BACKED exchange-traded funds (ETFs) have been gaining traction, as they ride on the strong price momentum of the yellow precious metal. However, market watchers noted that prices of gold...
