Real Estate
Singtel, SK Telecom to collaborate on next-gen solutions including 6G
SINGTEL has inked a memorandum of understanding (MOU) with South Korean mobile carrier SK Telecom (SKT) to collaborate on building next-generation networks over the next two years.The proposed tie-up...
Singapore stocks decline at Monday’s open; STI down 0.2%
SINGAPORE shares edged lower at the opening bell on Monday (Jul 8), maintaining a downtrend from Friday’s closing in the prior week.As at 9.01 am, the Straits Times Index...
Stocks to watch: CapitaLand India Trust, Singapore Airlines, Asian Pay Television Trust
THE following companies saw new developments that may affect trading of their securities on Monday (Jul 8):CapitaLand India Trust (Clint): Fitch Ratings has assigned Clint a first-time long-term issuer...
Samsung union steps up pressure over pay with three-day strike
SAMSUNG Electronics workers are expected to walk off assembly lines on Monday (Jul 8), beginning the biggest organised labour action in the South Korean conglomerate’s half-century history.The largest union...
Skydance is inching closer to nailing a deal for Paramount
DAVID Ellison inched closer to an acquisition of Paramount Global, the owner of MTV and CBS, as a special committee of the company’s board endorsed a merger with his...
Aspial Lifestyle aims to become a ‘consumer lifestyle powerhouse’
HIGHER interest rates may mean increased financing costs, but Aspial Lifestyle is not letting that hold back its ambitions to venture into new businesses.
Baltic Exchange Shipping Insights
Capesize
This week began on a positive note, with the BCI 5TC increasing significantly by $2,881 to reach $31,438. Early in the week, the Pacific market saw significant activity, with...
Nvidia gets rare downgrade on valuation concerns after rally
Nvidia’s breakneck rally since the start of last year has finally run out of room to push higher, according to New Street Research analyst Pierre Ferragu.Ferragu downgraded the artificial...