Real Estate
Rescuers search water for survivors after Singapore-flagged ship collides with Baltimore bridge
BALTIMORE’S 2.57 km Francis Scott Key Bridge collapsed and vehicles plunged into the river early on Tuesday (Mar 26) after a ship collided into a support pylon, officials said,...
Singapore stocks gain on Tuesday as regional markets end mixed; STI up 1.1%
SINGAPORE stocks closed higher on Tuesday (Mar 26), amid mixed trading in the region.The Straits Times Index (STI) rose 1.1 per cent or 35.23 points to close at 3,233.33.Across...
China’s Comac wide-body C929 jet in ‘detailed design stage’, official says
CHINESE state-owned planemaker Comac’s first wide-body jet is in its “detailed design stage”, an executive said on Tuesday (Mar 26), following a report from the jet’s fuselage manufacturer aiming...
France’s Atos seeks debt restructuring plan by July after record losses
FRENCH IT consulting firm Atos is aiming to restructure its debt by July, the group said on Tuesday (Mar 26), after posting record annual losses as uncertainty looms of...
Blackstone-owned Crown Resorts found fit to hold Melbourne casino license
BLACKSTONE-OWNED Crown Resorts can keep its licence to operate its flagship Melbourne casino, a gambling regulator said on Tuesday (Mar 26), more than two years after the casino was...
Sabana Reit trustee’s first meeting with internationalisation committee fails
HSBC Institutional Trust Services’ first meeting with the internalisation committee of Sabana Industrial Real Estate Investment Trust (Sabana Reit) did not take place as intended on Mar 25, as...
Bonuses shrink at global banks in Japan despite booming markets
BOOMING markets in Japan have swelled the workload for international bankers in Tokyo but one thing has not changed – stubbornly low pay. Compensation in many cases remains a...
Citigroup to end sweeping overhaul this week after 5,000 layoffs
CITIGROUP is in the last phase of a sweeping overhaul to simplify its structure and improve performance, the bank said, after shrinking its workforce by 5,000 employees since September....
