Real Estate
Stocks to watch: Mapletree Logistics Trust, Mandarin Oriental, Ossia International
THE following companies saw new developments that may affect trading of their securities on Thursday (Jun 13): Mapletree Logistics Trust : M44U 0%: The trust’s manager said it will...
Apple briefly reclaims title of world’s most valuable company
APPLE on Wednesday briefly reclaimed its berth as the world’s biggest company when measured by stock price, taking back the top position for a few hours from Microsoft.The iPhone juggernaut...
Terraform to pay US$4.47 billion to settle SEC fraud case
TERRAFORM Labs will pay US$4.47 billion to resolve a US Securities and Exchange Commission (SEC) lawsuit over the firm’s 2022 collapse, which wiped out US$40 billion in investor assets...
US Federal Reserve keeps rates steady, sees just one 2024 cut despite inflation progress
THE Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as late as December, with officials projecting only a single quarter-percentage-point...
Singapore sales of ultra-luxury cars like Ferrari, Rolls-Royce dive on higher taxes, lower rebates
SALES of ultra-luxury cars in Singapore have plunged to a fraction of previous levels, more than a year after a major hike in taxes, Land Transport Authority data showed.Across...
US: Nasdaq opens at record highs as markets cheer inflation data
Wall Street jumped at the open, with the S&P 500 and the Nasdaq touching fresh record highs on Wednesday (Jun 12) after benign consumer prices data reassured investors inflation...
China’s Nio says commitment to Europe EV market ‘unwavering’ despite tariff increase
CHINESE electric vehicle maker Nio strongly opposes the European Union’s use of increased tariffs as a strategy to obstruct the normal global electric vehicle trade but its commitment to...
Uniper wins 13 billion euros arbitration ruling against Gazprom
GERMAN utility Uniper has won a multi-billion euro arbitration against former long-time supplier Gazprom, it said on Wednesday (Jun 12), allowing it to tear up dormant gas supply contracts...
