Real Estate
Work on Marina Bay Sands’ fourth tower, entertainment arena, to begin in July 2025
CONSTRUCTION of Marina Bay Sands’ (MBS) expansion project – which includes a fourth hotel tower, an entertainment arena and more convention space – will begin in July 2025, subject...
Apple cut at least 600 workers when car, screen projects stopped
APPLE laid off more than 600 employees in California as part of the decisions to end its car and smartwatch display projects, according to filings with the California Employment...
Stocks to watch: GuocoLand, City Developments Ltd
THE following companies saw new developments that may affect trading of their securities on Friday (Apr 5): GuocoLand : F17 0%: Its joint venture with Hong Leong Holdings is...
OCBC group chief Helen Wong’s pay in 2023 up 8% to S$12.1 million
OCBC : O39 0% group chief executive officer Helen Wong received S$12.1 million in total remuneration for the financial year ended Dec 31, 2023, up 8 per cent from...
Samsung Electronics expects 10-fold rise in Q1 profit
SAMSUNG Electronics said on Friday (Apr 5) it expects first-quarter operating profits to rise more than 10-fold year on year as chip prices recover.The firm is the flagship subsidiary...
Use of Fed central bank tool grows as cash stockpiling continues
FOREIGN central bank usage of a key US Federal Reserve facility rose for a third week, an indication policymakers around the world keep building cash positions amid warnings they...
McDonald’s to buy Israel franchise that became flashpoint in Hamas war
MCDONALD’S agreed to acquire its restaurants in Israel from operator Alonyal, bringing the local chain in-house months after it became a point of contention in the early days of...
Nomura aims to boost US credit portfolio to US$50 billion within 10 years, executive says
NOMURA Holdings aims to expand its US credit portfolio to US$50 billion within 10 years and may seek small acquisitions to beef up its private credit business, the top...
