Real Estate
Philippines’ PLDT in talks to sell up to 49% of data centre business to Japan’s NTT
THE Philippines’ largest telecommunications group PLDT is in talks to sell up to 49 per cent of its data centre business to Japan’s Nippon Telegraph and Telephone (NTT), PLDT...
Brokers’ take: SAC Research initiates ‘buy’ on Soilbuild with S$0.04 target
SAC Research has started coverage on Soilbuild Construction : S7P 0% with a “buy” call and target price of S$0.04, following the mainboard-listed construction group’s profit turnaround for the...
UBS shares soar as profit smashes forecasts, share buyback plans affirmed
UBS on Tuesday (May 7) reported first-quarter profit that trounced forecasts and said it was sticking with plans for share buybacks over three years despite Swiss government proposals that...
Amazon’s AWS puts another S$12 billion into its Singapore cloud infrastructure
AMAZON Web Services (AWS) will commit an extra S$12 billion to its existing Singapore cloud infrastructure over the next four years, doubling its investment in the Republic. The move...
Amazon’s AWS puts another S$12 billion into its Singapore cloud infrastructure
AMAZON Web Services (AWS) will commit an extra S$12 billion to its existing Singapore cloud infrastructure over the next four years, doubling its investment in the Republic. The move...
Scoot begins flights with Embraer E190-E2 jet
LOW-COST carrier Scoot began operations with its newest aircraft, the Embraer E190-E2, with flights to Krabi and Hat Yai commencing on Tuesday (May 7). Part of Embraer’s newest family...
Australia’s central bank sees no need to hike rates but wary of price risks
AUSTRALIA’S central bank chief said on Tuesday (May 7) interest rates were at the right level after holding steady for a sixth month, but cautioned that inflation risks were...
Nomura targets 20% revenue growth from global markets business
NOMURA Holdings is targeting 20 per cent revenue gains for its global markets unit over the next few years as the Japanese brokerage moves past the Archegos Capital Management...
