Real Estate
Singapore stocks fall at Monday’s open; STI down 0.9%
SINGAPORE shares opened lower on Monday (Apr 15), tracking losses in the US market amid worries over tension and conflict in the Middle East.As at 9.01 am, the Straits...
Stocks to watch: Elite Commercial Reit, Seatrium, Sabana Reit
THE following companies saw new developments that may affect trading of their securities on Monday (Apr 15):Elite Commercial Reit : MXNU 0%: The real estate investment trust (Reit) will...
As major bunkering port, Singapore has key role in global maritime decarbonisation: IMO chief
AS THE world’s top bunkering port, Singapore has an important role in the decarbonisation of the maritime industry, said Arsenio Dominguez, the new secretary-general of the International Maritime Organization...
Europe: Stoxx 600 flat on rising Middle East tensions, energy stocks spike
EUROPEAN shares were flat on Friday after hitting a one-week high in early trade, as rising tensions in the Middle East eroded some of the continued optimism around the European Central Bank’s...
US dollar jumps on central bank divergence, euro hits five-month low
THE euro stumbled to a five-month low against the US dollar on Friday (Apr 12) after the European Central Bank indicated it could soon cut rates, a divergence from...
Lionsgate Studio raises PIPE amount to US$225 million ahead of closing SPAC deal
LIONSGATE Studio raised its private investment in public equity (PIPE) amount to US$225 million ahead of its merger with Screaming Eagle Acquisition, the special purpose-acquisition company (SPAC) firm disclosed...
Citi profit drops as costs rise for employee severance, deposit insurance
CITIGROUP’S profit fell in the first quarter as it spent more on severance payments for laid-off employees and set aside money to refill a government deposit insurance fund.
Net income...
Wells Fargo profit shrinks more than 7% on lower interest income
WELLS Fargo’s profit fell more than 7 per cent as it earned less from customer interest payments in the first quarter, sending its shares down 3 per cent in...
