Real Estate
US: Stocks tumble in tech sell-off as Nasdaq loses 3.6%
WALL Street stocks tumbled on Wednesday (Jul 24) following a bruising investor response to earnings from Tesla and Google parent Alphabet that added to worries about tech heavyweight equity...
UOB changes: Susan Hwee to take over head of group retail, Eddie Khoo to be senior adviser to UOB Vietnam
SUSAN Hwee, UOB’s head of group technology and operations (GTO), will be succeeding Eddie Khoo as head of group retail at the bank, as Khoo retires from the role...
Japan’s Nikkei closes at one-month low on mixed US tech earnings
Japan’s Nikkei share average closed lower for a sixth consecutive session on Wednesday (Jul 24), as mixed earnings from major US tech firms and the yen’s continued rally weighed.The...
Aston Martin’s Q2 profit beats market view on special model sales
BRITISH luxury carmaker Aston Martin reported forecast-beating second-quarter profits on Wednesday (Jul 24), powered by stronger sales to dealers of some exclusive models, as it reiterated guidance for hefty...
RHB initiates coverage on Elite UK Reit with ‘buy’ call
RHB has initiated coverage on Elite UK Real Estate Investment Trust (Reit) with a “buy” recommendation and a target price of £0.31, which implies a yield of 11 per...
Deutsche Bank posts quarterly loss after big lawsuit provision
DEUTSCHE Bank posted a loss in the second quarter, it disclosed on Wednesday, its first in four years after setting aside 1.3 billion euros (S$1.9 billion) as a provision...
Farewell 3G: M1 to retire services from August; StarHub, Singtel from November
LOCAL mobile network operators will retire their 3G networks starting with M1 from August 2024, followed by Singtel and StarHub from November.The phase-out marks an end to the third...
Insolvent AusGroup proposes to delist from SGX
THE liquidators of AusGroup have applied for the company to be delisted from the Singapore Exchange (SGX). The beleaguered oilfield services provider was previously ordered by the Singapore High...
