Real Estate
Dasin Retail Trust to hold EGM by end-September on amending trust deed, removing adviser
THE trustee-manager of Dasin Retail Trust on Wednesday (Jul 31) said it will be holding an extraordinary general meeting (EGM) to vote on resolutions requisitioned by unitholders representing around...
Fed expected to hold rates and signal September cut
FEDERAL Reserve officials are likely to move closer to lowering interest rates from a two-decade high this week by signalling a potential rate cut in September, though they may...
Stocks to watch: Great Eastern, CapitaLand Ascendas Reit, MPACT, ESR-Logos Reit, Aims Apac Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jul 31):Great Eastern: The insurer on Wednesday posted a 45 per cent year-on-year increase in...
ESR-Logos Reit H1 DPU falls 18.6% to S$0.01122
ESR-LOGOS Real Estate Investment Trust (ESR-Logos Reit) posted an 18.6 per cent drop in distribution per unit (DPU) to S$0.01122 for the first half ended Jun 30, from S$0.01378...
China’s mega-grocers turn to an upstart to win back shoppers
CHINA’S biggest supermarkets are struggling to survive.France’s Carrefour has shut more than 140 mainland stores, leaving just four remaining outlets, and the UK’s Tesco has exited entirely. Traffic-driving membership...
Great Eastern Q2 earnings up 45% at S$280.4 million; declares interim dividend of S$0.45 per share
INSURER Great Eastern on Wednesday (Jul 31) posted a 45 per cent increase in net profit to S$280.4 million for the second quarter ended Jun 30, from S$193.2 million...
Intel to cut thousands of jobs to reduce costs, fund turnaround
INTEL plans to eliminate thousands of jobs to reduce costs and fund an ambitious effort to rebound from an earnings slump and market share losses.The workforce reduction may be...
P&G posts surprise sales drop as demand slows despite price controls
PROCTER & Gamble posted a surprise drop in fourth-quarter sales, as demand for its Charmin toilet paper and Pampers diapers slowed globally despite efforts to keep prices in check,...
