Real Estate
Nomura seeks to double profit by 2030 in latest growth plan
NOMURA Holdings unveiled a target to almost double pretax profit by the end of the decade, as chief executive officer Kentaro Okuda seeks to build on last year’s earnings...
OCBC prices US$500 million fixed-rate subordinated notes
OCBC has priced US$500 million of fixed-rate subordinated notes to be issued under its US$30 billion global medium-term note programme. Priced at 100 per cent, the notes will bear...
Warburg Pincus is relocating a New York dealmaker to Singapore
WARBURG Pincus is relocating a senior dealmaker to Singapore from New York as the firm bolsters its presence in the region, according to sources with knowledge of the matter.
After...
Job site Indeed cuts 8% of staff in second layoff in two years
INDEED plans to cut about 1,000 employees, or roughly 8 per cent of its workforce, the job-search website’s second culling in two years as it seeks to simplify its...
GameStop soars as flag bearer ‘Roaring Kitty’ resurfaces, sparks meme stock rally
SHARES of videogame retailer GameStop surged nearly 75 per cent on Monday after “Roaring Kitty”, an account associated with a social media finance influencer credited with sparking the 2021 meme stock...
Oil prices settle up on demand optimism, US inflation in focus
OIL prices rose on Monday, as signs of improving demand in the US and China, the top two oil consumers, aided the bounce from the previous session’s US$1 a barrel slide.US West...
LHN’s H1 net profit down 23.4% to S$13 million
REAL estate management services group LHN Group : 41O 0% posted a net profit of S$13 million for the half-year ended Mar 31, 2024, down 23.4 per cent from...
Hong Kong-listed ESR gets privatisation proposal from Starwood, Sixth Street, SSW
HONG Kong-listed real estate fund manager ESR Group has received a privatisation proposal from a consortium of investors comprising Starwood Capital Operations, Sixth Street Partners, and SSW Partners, it...