Real Estate
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...
Currency markets steady before US inflation test
THE US dollar consolidated against other major currencies on Monday (May 13) as traders waited for US inflation data that may help determine whether the Federal Reserve could lower...
SBS Transit Q1 net profit rises 7.5% to S$17 million on higher fare revenue and ridership
PUBLIC transport operator SBS Transit : S61 0% reported on Monday (May 13) a 7.5 per cent increase in net profit for the first quarter due to higher fare...
UBS announces equity conversion provision for almost US$5 billion in AT1 debt
UBS on Monday (May 13) said almost US$5 billion worth of Additional Tier one (AT1) bonds, a form of debt, have been made available for equity conversion following a...
