Real Estate
Singapore shares retreat at Thursday’s open; STI down 1.1%
SINGAPORE stocks dropped on Thursday (Apr 25) morning, tracking subdued performance in global markets. As at 9.01 am, the Straits Times Index (STI) fell 37.1 points or 1.1 per cent...
Malaysia weighs casino licence to revive Forest City
MALAYSIA is in early discussions with tycoons on opening a casino in Johor’s Forest City, sources familiar with the matter said, in a bid to revive the beleaguered US$100...
Malaysia mulls over plans for casino in Forest City as part of Johor-S’pore Special Economic Zone: sources
MALAYSIA is looking at allowing a casino to operate in the RM450 billion (S$128.5 billion) Forest City project in Johor, which would revitalise the troubled reclaimed islands.Sources with knowledge...
Keppel’s Q1 revenue down 6.3% to S$1.5 billion; legacy O&M assets a drag on net profit
KEPPEL reported on Thursday (Apr 25) a 6.3 per cent fall in revenue to S$1.5 billion for the quarter ended Mar 31, compared to S$1.6 billion in the previous...
Cisco says hackers subverted its security devices to spy on governments
TECHNOLOGY firm Cisco Systems said that hackers have subverted some of its digital security devices to break in to government networks globally.In a blog post published on Wednesday (Apr...
BHP targets Anglo American in bid valuing miner at US$39 billion
BHP Group proposed a takeover of Anglo American that values the smaller miner at US$38.8 billion, in a deal that would catapult the combined company’s copper production far beyond...
US: Stocks end flat ahead of key inflation data
WALL Street stocks treaded water on Wednesday (Apr 24) as markets awaited key US inflation data while digesting mixed corporate earnings.Briefing.com analyst Patrick O’Hare pointed to a “little bit...
Seatrium will have to wait longer to catch wind in sail
WHILE strong demand and tight supply have buoyed Singapore-listed maritime players in general, analysts believe it could take some time for offshore and marine giant Seatrium to recover its...