Real Estate
Europe’s rush for rate cuts shifts global market power away from US
THE Bank of England (BOE) has sent a new signal that borrowing costs will fall earlier and further across Europe than in the United States, setting markets up for...
China’s push for greener aluminium hit by erratic rains, power cuts
ERRATIC rainfall in China’s southwest is frustrating a multibillion US dollar push to green an aluminium industry that accounts for almost 60 per cent of global output and, by...
Cordlife substantial shareholders lay out separate plans to address issues after AGM
THE two substantial shareholders in Cordlife’s boardroom tussle have set out separate plans to address the cord-blood bank’s troubles after the May 14 annual general meeting (AGM).The Friday (May 10) bourse...
Porsche to open S$100 million ‘experiential centre’ in Changi by 2027
GERMAN luxury carmaker Porsche is investing more than S$100 million in an “experiential facility” in Changi, set to launch in 2027.There, customers and visitors can test-drive Porsche’s cars, view...
OpenAI plans to announce Google search competitor on Monday: sources
OPENAI plans to announce its artificial intelligence (AI) powered search product on Monday (May 13), according to two sources familiar with the matter, raising the stakes in its competition...
UBS weighs bonus for investment bankers who refer rich clients
UBS Group is considering introducing a reward system for investment bankers who refer clients to the firm’s wealth management business, according to sources with knowledge of the matter.Some bankers...
Stocks to watch: OCBC, Sri Trang Gloves, Wilmar, Great Eastern, F&N, SingPost
THE following companies saw new developments that may affect trading of their securities on Friday (May 10): OCBC : O39 0%: The lender reported on Friday that its net profit...
Sony’s plans for Paramount include sale of famous studio lot
SONY Group plans to sell the historic Paramount Pictures lot in Los Angeles, featured in films such as Sunset Boulevard, if it succeeds in buying the studio’s parent company,...
