Real Estate
Del Monte widens Q1 loss to US$34.2 million
CANNED-FOOD brand Del Monte Pacific on Tuesday (Sep 10) posted a net loss of US$34.2 million for the first fiscal quarter ended July, widening from its net loss of...
Malaysia central banker sees rate hold in 2024, growth at 5%
MALAYSIA’S resilient economy and contained price pressures should allow it to keep interest rates unchanged for the rest of the year, even as global central banks pivot towards easing,...
MAS reprimands CEO of formerly registered insurance broker for breaching regulations
THE Monetary Authority of Singapore (MAS) said on Tuesday (Sep 10) that it reprimanded the chief executive of formerly registered insurance broker Acesynergy Brokers (ABPL) Tan Chuan Lam for...
Apple loses fight against 13 billion euros EU tax order to Ireland
APPLE on Tuesday (Sep 10) lost its fight against an order by EU competition regulators to pay 13 billion euros (S$18.7 billion) in back taxes to Ireland as part...
Strike hits production at key Samsung electronics plant in India
SAMSUNG Electronics’ production at a plant in southern India was disrupted for a second day by hundreds of employees striking for higher wages on Tuesday (Sep 10), as top...
Apac family offices optimistic despite macro uncertainty, succession plan urgency
FAMILY offices in the Asia-Pacific expect growth in both their family wealth and assets under management (AUM) despite geopolitical instability and uncertain market conditions, based on a report jointly...
Huawei teases tri-fold smartphone, raising competition with Apple in China
CHINA’S Huawei Technologies unveils a three-way foldable phone on Tuesday (Sep 10), as it seeks to widen its lead over Apple in the world’s biggest smartphone market with a...
Brokers’ take: RHB raises SGX target on higher SDAV estimates
RHB raised its target price on the Singapore Exchange (SGX) to S$11.70 from S$10.80 after the bourse’s August securities turnover data came in higher than estimates by the research...
