Real Estate
Stocks to watch: MPACT, GP Industries, Azeus, Unusual, Old Chang Kee
THE following companies saw new developments that may affect trading of their securities on Friday (May 31):
Dell shares tumble as weak margin forecast clouds upbeat quarter
DELL Technologies said on Thursday (May 30) it expects its adjusted gross margin rate to decline about 150 basis points in fiscal 2025, sending its shares down 18 per...
Europe: Shares bounce back as government bond yields take breather
EUROPEAN shares closed higher on Thursday (May 30) as a drop in government bond yields offered some respite while investors awaited global data in the next few days that...
US: Stocks fall as several large tech names retreat
WALL Street stocks fell for a second straight session on Thursday (May 30) following a downgrade in a US growth report as several large tech shares tumbled.The world’s biggest...
Nike layoffs hit its secret sneaker archive department
NIKE has cut some staff from its secret sneaker archives as part of a multiyear cost-cutting plan, according to people familiar with the matter.
The division, known as the Department...
Old Chang Kee H2 net profit up 50% to S$5.3 million on higher revenue
CURRY puff specialist Old Chang Kee on Thursday (May 30) posted a 50 per cent rise in net profit to S$5.3 million for its second half ended March 2024,...
Old Chang Kee’s H2 net profit up 50% to S$5.3 million on higher revenue
CURRY puff specialist Old Chang Kee on Thursday (May 30) posted a 50 per cent rise in net profit to S$5.3 million for its second half ended March 2024,...
US banks have a commercial property blind spot, study warns
Large US banks may be more exposed to commercial property than regulators appreciate because of credit lines and term loans they provide to real estate investment trusts, according to...