Real Estate
Singapore Savings Bond 10-year average yield hits year-to-date high of 3.33%
THE 10-year average return per year for the latest tranche of the Singapore Savings Bonds (SSB) has reached a new year-to-date high of 3.33 per cent, marking an increase...
US Fed ‘less hawkish’ than expected; Singapore banks, net cash companies likely to outperform
GLOBAL financial markets may be heaving a sigh of relief for now as analysts believe that the US Federal Reserve has shown some restraint and appeared to be less...
ST Engineering bags more than S$175 million in contracts to upgrade Singapore’s public bus fleet
SINGAPORE Technologies Engineering’s (ST Engineering : S63 0%) urban solutions unit has secured more than S$175 million in contracts from the Land Transport Authority (LTA) to upgrade technologies for...
Microsoft CEO pledges RM10.5 billion in cloud, AI investment in Malaysia
[KUALA LUMPUR] Tech giant Microsoft will invest RM10.5 billion (S$3 billion) in cloud and artificial intelligence (AI) infrastructure in Malaysia over the next four years in accelerating the country’s...
Jim Beam owner bets on canned vodka cocktails to double revenue
THE maker of some of the world’s most refined whiskies is rebranding itself as it tries to dominate the global market for a more downmarket drink: the canned cocktail.Suntory...
Singapore stocks open stronger on Thursday; STI up 0.5%
SINGAPORE shares advanced at the opening bell on Thursday (May 2) morning, with local banks leading gains despite subdued performance in global markets. As at 9.01 am, the Straits Times...
Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share
Olam Group’s indirect 64.57 per cent-owned subsidiary Olam Agri on Thursday (May 2) increased its off-market takeover offer to acquire all shares in Namoi Cotton, topping its rival Louis...
Indonesia’s Vidio is aiming to double subscribers ahead of IPO
VIDIO, Indonesia’s answer to Netflix, is aiming to double its paid subscribers to eight million in the next two to three years ahead of plans to go public in...
