Real Estate
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
PRICES of Singapore-listed real estate investment trusts (S-Reits) have faced volatile trading in the past two weeks as interest rate expectations adjust following strong inflation data in the US.The...
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
Nasdaq’s profit fell for the first time in a year as firms continue to wait for the economy to stabilise before going public. Earnings fell to 63 US cents a...
US: Wall St opens lower as Meta Platforms, economic data weigh
US stocks opened sharply lower on Thursday (Apr 25), dragged down by growth stocks after dour quarterly results from Meta Platforms, while signs of persistent inflation dampened hopes of...
Sheng Siong Q1 net profit up 9.3% on higher revenue
SUPERMARKET chain Sheng Siong : OV8 0% on Thursday (Apr 25) posted a 9.3 per cent rise in net profit to S$36.3 million for its first quarter ended Mar...
India’s Vedanta misses Q4 profit estimates on lower prices
Indian mining group Vedanta reported a 27 per cent drop in fourth-quarter profit on Thursday (Apr 25), reflecting weaker prices of major metals like aluminium and zinc amid ballooning...
LSEG reports in-line first quarter as Microsoft partnership progresses
LONDON Stock Exchange Group said on Thursday (Apr 25) its first quarter growth was in line with plans for the roll out of products from its partnership with Microsoft,...
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover
DAIWA Securities Group, Japan’s second largest brokerage and investment bank, reported on Thursday (Apr 25) a 131 per cent year-on-year jump in quarterly net profit, helped by a record...
Asia: Markets mixed as global rally stalls, eyes on yen
ASIAN equities were mixed on Thursday (Apr 25) as investors turned cautious after the past three days’ sizeable gains, with Meta’s warning that it will spend far more than...
