Real Estate
OUE Reit obtains S$600 million unsecured sustainability-linked loan
OUE Real Estate Investment Trust : TS0U 0% (Reit) has obtained an unsecured sustainability-linked loan of S$600 million. The proceeds will be used for the Reit’s early refinancing of...
BRC Asia to buy 19.9% of steel reinforcement company for S$16 million
BRC Asia : BEC 0% said on Tuesday (Apr 23) it has agreed to buy 19.9 per cent of Angkasa Daehan Steel, a steel reinforcement company, for S$16.1 million.BRC...
Aztech Global Q1 net profit up 18.7% to S$16 million on foreign exchange gains, write-backs
Profit growth came despite a 20.4 per cent year-on-year decrease in revenueTECHNOLOGY solutions provider Aztech Global : 8AZ 0% announced a net profit of S$15.9 million for the first...
General Motors beats quarterly results targets, raises forecast
GENERAL Motors on Tuesday (Apr 23) posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles, sending...
Ping An profit falls as market declines hurt investment returns
PING An Insurance’s profit dropped 4.3 per cent in the first quarter as stock-market declines and falling bond yields eroded investment returns. Net income fell to 36.7 billion yuan (S$6.9...
Thai PM asks banks to lower interest rates to help economy
THAILAND’S Prime Minister Srettha Thavisin on Tuesday said he had asked the country’s four largest lenders to lower interest rates to help small businesses and the economy.“Vulnerable groups like...
California to wrap up ExxonMobil plastics probe ‘in weeks’, AG says
CALIFORNIA will conclude a two-year investigation into ExxonMobil and the fossil fuel industry’s role in causing global plastic pollution by summer and decide if it will file a lawsuit...
Gojek and ComfortDelGro Taxi to send untaken rides to each other’s platforms
RIDE-HAILING app Gojek and ComfortDelGro Taxi : C52 0% (CDG) will dispatch rides not taken up by drivers to each other’s platform. This announcement on Tuesday (Apr 23) marked...
