Real Estate
Oil tanker rates spike as US push into Venezuela redraws flows
The global oil industry is working through the consequences of Washington’s move earlier this month[HONG KONG] The shipping market is being shaken up by Washington’s intervention in Venezuela, as...
KKR Asia credit fund draws 75% new investors as decoupling rises
The optimism around Asian private credit runs counter to a broader global pullback[HONG KONG] KKR raised three-quarters of its US$2.5 billion Asia private credit fund from new investors, as...
Catalist-listed MoneyMax proposes transfer to SGX mainboard
[SINGAPORE] Pawnbroker MoneyMax Financial Services is looking to transfer its listing to the mainboard of the Singapore Exchange (SGX), from its current listing on the Catalist board. A listing...
Advanced Systems Automation makes pre-conditional offer for Asti shares
If the deal materialises, the offeror intends to amalgamate the semiconductor businesses of both companies[SINGAPORE] Advanced Systems Automation intends to make a voluntary conditional offer for all the shares...
Maybank initiates ‘buy’ coverage on Soon Hock with S$0.75 target
[SINGAPORE] Maybank Research has initiated coverage on industrial real estate specialist Soon Hock Enterprise with a target price of S$0.75, citing strong visible earnings from its development pipeline and...
Stocks to watch: Keppel Reit, Olam Group, F&N, Centurion, Cordlife
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 14): Keppel Real Estate Investment Trust (Reit) : The trust on Tuesday...
S&P 500, Dow open near record highs after mixed earnings, inflation data
[NEW YORK] The S&P 500 and the Dow opened near record highs on Tuesday (Jan 13) after a largely in-line inflation report sustained expectations of rate cuts this year,...