Real Estate
Hot stock: Soilbuild Construction hits 5-year high on Tuas Port construction contract win
SHARES of Soilbuild Construction surged on Friday (Jun 14) morning, after the group announced that it bagged a S$647.5 million Tuas Port construction contract the day prior. As at 9.25...
Singtel’s Optus to defend proceedings by Australian authorities
SINGTEL’S Australian unit Optus Mobile has reiterated its intention to defend proceedings filed by the Australian Communications and Media Authority (ACMA) over a cyberattack faced by Optus in 2022.On...
Stocks to watch: Singtel, Mapletree Logistics Trust, Soilbuild
THE following companies saw new developments that may affect trading of their securities on Friday (Jun 14):Singtel: Its Australian unit Optus Mobile intends to defend proceedings filed by the...
Bitcoin miners pivot to South-east Asia after China crackdown
THE 6.9-ha cement slab in the middle of a Borneo industrial area once belonged to a logging company. Long ago that business abandoned the site to the elements, leaving just...
Judge likely to kill US$30 billion Visa, Mastercard swipe-fee deal
A US$30 billion settlement between Visa, Mastercard and retailers to cap credit-card swipe fees is likely to be rejected by a federal judge in Brooklyn, a setback in the...
Bank of Japan to keep ultra-low rates, may signal bond taper
THE Bank of Japan is likely to keep interest rates ultra-low on Friday but consider whether to start reducing its huge balance sheet in a slow but steady retreat from its massive monetary...
US dollar gains after rates-driven yoyo; yen fragile ahead of BOJ
THE US dollar edged up on Thursday (Jun 13), recovering some of the losses sparked by softer than expected US inflation data on Wednesday, after the Federal Reserve forecast...
BYD leads Chinese car brands past Ford and Chevy in global sales
CHINA’S carmakers outsold their US counterparts for the first time last year, a testament to the shifting power dynamics in the global auto market.
Brands led by BYD sold 13.4...
