Real Estate
Sabana Reit manager mulls Quarz’s proposed amendments to EGM resolutions after court ruling
THE manager of Sabana Industrial Real Estate Investment Trust (Sabana Reit) is considering several modifications to the resolutions proposed by Quarz Capital while seeking legal advice, it said on...
Las Vegas Sands CEO sees big surge in Singapore gaming revenue in near future
LAS Vegas Sands (LVS) – the parent company of Singapore’s Marina Bay Sands – will give more details of its upcoming expansion project later this year, said chief executive...
UK’s car output down for second straight month in April, says industry body
BRITAIN’S car production fell by 7 per cent year-on-year in April, falling for a second consecutive month, as manufacturers wound down existing models and more plants transitioned to electric...
Views on US economy ‘more pessimistic’ as uncertainty grows: Federal Reserve
OUTLOOKS on the US economy have become gloomier with reports of rising uncertainty and worries over risks, even though growth broadly continued recently, the Federal Reserve said on Wednesday.The...
Saudi Arabia set to launch US$10 billion Aramco share sale on Jun 2
SAUDI Arabia is preparing to formally launch a secondary offering of shares in oil giant Saudi Aramco as soon as Sunday (Jun 2) that could raise more than US$10...
China halts shipments from JBS beef plant in US over feed additive
CHINA has blocked beef exports from a major JBS beef plant in the United States after a controversial feed additive was found in meat shipments to the world’s largest...
From Grade A offices to S’pore’s first net-zero hotel: How developer has transformed the city’s skyline
NOT many boys at the tender age of 10 live apart from their parents in an entirely different country. But Stephen Riady was not just any young boy.
Born in...
US bank profits jump 79.5% as large firms shake off failed bank costs
PROFITS for the US banking sector surged 79.5 per cent to US$64.2 billion in the first quarter of 2024, boosted primarily by large banks not shouldering billions in special...