Real Estate

OUE Commercial Reit Q1 NPI rises 6.9% to S.5 million
OUE Commercial Reit Q1 NPI rises 6.9% to S$60.5 million
OUE Commercial Reit : TS0U 0% posted net property income (NPI) of S$60.5 million for its first quarter ended Mar 31, 2024, up 6.9 per cent from S$56.6 million...
Hong Kong Stock Exchange bids farewell to first woman chair
Hong Kong Stock Exchange bids farewell to first woman chair
“IRON LADY” Laura Cha concluded on Wednesday (Apr 24) her six-year chairmanship as the first helmswoman of Hong Kong’s ailing stock exchange, which has suffered a plunge in overall...
CapitaLand India Trust Q1 net property income up 19%
CapitaLand India Trust Q1 net property income up 19%
CAPITALAND India Trust’s : CY6U 0% (Clint) net property income grew 19 per cent to 3.1 billion rupees (S$49.4 million) in the first quarter ended Mar 31, 2024, from...
Hilton lifts 2024 profit forecast on international travel demand
Hilton lifts 2024 profit forecast on international travel demand
HOTEL operator Hilton Worldwide raised its annual adjusted profit forecast on Wednesday (Apr 24), banking on international travel demand to offset normalizing domestic travel in the US The company forecast...
COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill
COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill
THE total Certificate of Entitlement (COE) quota for the period May to July 2024 has increased 2.7 per cent or 397 to 15,104, compared to the preceding three-month period...
London stocks hit new record at open
London stocks hit new record at open
THE London stock market struck a new record peak in opening deals on Wednesday (Apr 24), propelled by easing geopolitical tensions and interest rate cut hopes as inflation cools.London’s...
Heineken sells more beer in Q1, sticks to outlook
Heineken sells more beer in Q1, sticks to outlook
HEINEKEN sold more beer in the first quarter, reporting its first quarterly year-on-year growth in volumes in a year, and stuck to its forecast for profit growth in 2024.The...
US seeks 36 months’ jail for Binance founder Zhao
US seeks 36 months’ jail for Binance founder Zhao
ZHAO Changpeng (CZ), the founder of Binance, the world’s largest cryptocurrency exchange, should serve 36 months in prison after pleading guilty to violating laws against money laundering, United States...
Victims’ families to urge US prosecute Boeing over fatal crashes
Victims’ families to urge US prosecute Boeing over fatal crashes
FAMILIES of the victims of two fatal Boeing 737 MAX crashes in 2018 and 2019 will press US Justice Department officials on Wednesday to criminally prosecute the planemaker after...
Private credit is disrupting Hong Kong bankers’ cosy lives
Private credit is disrupting Hong Kong bankers’ cosy lives
THE arrival of private credit in Hong Kong is posing an existential threat to some of the city’s finance circles.Banks are tiptoeing into job cuts. The number of people employed...