Real Estate
Gold eases as profit-taking counters rate-cut bets
GOLD prices eased on Monday (Aug 5) amid profit-taking, but recession worries and rising expectations of United States interest rate cuts limited further downside.Spot gold was down 0.1 per...
Manulife US Reit posts 27.5% lower H1 distributable income per unit of US$0.0129
MANULIFE US Real Estate Investment Trust (Reit)’s adjusted distributable income (DI) per unit for the first half ended Jun 30 declined 27.5 per cent year on year to US$0.0129,...
Should ThaiBev’s minority shareholders support the proposed FPL-F&N share swap?
FPL and F&N are plainly undervalued, but ascribing a precise fair value to a company can be trickyWhile this column was on a hiatus last month, Thai Beverage (ThaiBev)...
Private credit sells funds for small investors as big ones balk
Private credit firms are looking to get their share of an estimated US$178 trillion personal wealth market by offering individual investors what looks almost like a mutual fund.The product,...
S’porean David Yong, who was in Netflix’s Super Rich in Korea, charged with falsification of accounts
Singaporean businessman David Yong has been charged with falsification of accounts in relation to a promissory note arrangement involving Evergreen Group Holdings.The 37-year-old chief executive of Evergreen Group Holdings, whose...
JPMorgan considers suing consumer watchdog over Zelle
JPMORGAN Chase said on Friday (Aug 2) it is considering whether to sue a United States consumer watchdog over the agency’s inquiries into the Zelle payment app.The bank said...
Alphabet’s fund CapitalG cut stake in CrowdStrike before July global outage
GOOGLE-PARENT Alphabet’s independent growth fund CapitalG cut its stake in cybersecurity company CrowdStrike, according to a regulatory filing on Friday (Aug 2), much before a global outage last month...
Influencers’ go-to digital retailer finds actual stores are key
REVOLVE Group, a popular fashion hub among young influencer-obsessed shoppers during the pandemic, is seeing its shares tumble as sales dry up. So, in an attempt to juice the...
