Real Estate
Why Chinese PE and VC firms are chasing Middle East money
CHINESE venture capital (VC) and private equity (PE) firms are targeting deep-pocketed Middle Eastern investors, as funding from their traditional backers dwindles amid growing geopolitical tensions and shrinking opportunities...
SIA Engineering H2 profit rises 11.5% to S$37.8 million on robust aviation MRO demand
SIA Engineering : S59 0% (SIAEC) reported an 11.5 per cent jump in net profit to S$37.8 million for the six months ended March 2024, from S$33.9 million in...
Vicom Q1 net profit up 1.3% to S$6.9 million
VEHICLE inspection company Vicom : WJP 0% posted a net profit of S$6.9 million in the first quarter of its 2024 fiscal year ended March, a mere 1.3 per...
Genting Singapore nearly doubles Q1 net profit to S$247.4 million on CNY tourism spending
RESORTS World Sentosa (RWS) operator Genting Singapore : G13 0% on Friday (May 10) reported a net profit of S$247.4 million for the first quarter ended March, an increase...
Keppel sells stake in Dyna-Mac for S$100 million
KEPPEL’s subsidiary has sold its entire stake in oil and gas company Dyna-Mac : NO4 0% to Hanwha Group for S$100 million, as the conglomerate continues its shift towards...
Sanofi inks US$1.2 billion vaccine licensing deal with Novavax
Sanofi and Novavax signed a licensing agreement that includes commercialising a combined Covid-19 and flu shot. Novavax will receive US$500 million in upfront payments as well as US$700 million in...
Hot stock: UOI surges to over 6-month high amid heavy trading
SHARES of United Overseas Insurance : U13 0% (UOI) spiked on Friday (May 10) morning to reach a year-to-date record on brisk trading activity.As at 9.27am, the general insurance...
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...
