Real Estate
Starhill Global Reit posts 0.9% lower Q3 net property income of S$37.7 million
STARHILL Global Real Estate Investment Trust’s (Reit) net property income for the third quarter ended March declined 0.9 per cent to S$37.7 million, versus S$38 million in the same...
Stocks to watch: Wilmar, MLT, FEHT, CDLHT, Starhill Global Reit, IReit Global
THE following companies saw new developments that may affect trading of their securities on Tuesday (Apr 30):
Oil falls more than US$1/barrel on Middle East peace talks, US rate cut doubts
OIL prices lost more than US$1 a barrel on Monday as Israel ceasefire talks in Cairo tempered fears of a wider Middle East conflict, while US inflation data dimmed...
Europe: Stocks eke out gains after German inflation data; Deutsche Bank drops
EUROPEAN shares closed below day highs on Monday after Germany reported higher-than-expected inflation, while Deutsche Bank had its worst day in over a year as worries around its Postbank acquisition...
Asset manager Value Partners cuts one-third of China staff in overhaul: sources
HONG Kong-listed asset manager Value Partners Group is cutting about one-third of its China staff as it looks to restructure the business to boost profit amid weaker markets, two...
Deutsche Bank merger ends Numis dealmakers’ boutique freedom
When Deutsche Bank announced its takeover of the British investment bank Numis last April, some in the City of London wondered whether their cultures would mesh. A year on,...
Wilmar Q1 net profit falls 22.6% to US$302.9 million
AGRIBUSINESS group Wilmar International : F34 0% reported a 22.6 per cent drop in net profit to US$302.9 million in the first quarter ended Mar 31, from US$391.4 million...
PetroChina profit rises as economic recovery remains uneven
PetroChina recorded its highest first-quarter profit amid steady global oil prices and even as China’s economic rebound struggles to gain traction.China’s largest oil and gas producer said net income...
