Real Estate
Hot stock: Riverstone up 8.9% amid heavy trading
SHARES of Riverstone Holdings were up as much as 8.9 per cent to S$0.84 during Thursday’s (Mar 21) earning trading. The last time the counter closed near the level...
Hot stock: Marco Polo Marine rises as much as 6.8%, after Maybank initiates coverage with ‘buy’ call
SHARES of Marco Polo Marine rose on Thursday (Mar 21) morning after Maybank Securities initiated coverage on the stock with a “buy” call on Wednesday. As at 9.23 am,...
Micron soars after AI growth helps bolster revenue forecast
MICRON Technology, the largest United States maker of computer memory chips, jumped in late trading after giving a surprisingly strong revenue forecast for the current quarter, buoyed by demand...
Stocks to watch: Olam, No Signboard
THE following companies saw new developments that may affect trading of their securities on Thursday (Mar 21): Olam Group: Its indirect 64.57 per cent-owned subsidiary, Olam Agri, has launched a...
Apollo offers US$11 billion for Paramount’s Hollywood studio: source
PRIVATE equity firm Apollo Global Management has offered US$11 billion for Paramount Global’s film studio, Paramount Pictures, a source with knowledge of the offer said, adding to the takeover...
Citi cuts London investment bankers as drought in deals persists
CITIGROUP is cutting jobs within its investment banking division in London, becoming the latest Wall Street giant to trim headcount as the slump in global dealmaking enters its third...
The post-Covid run in hospitality Reits may look tired but don’t discount it getting a second wind
IT HAS been tough times for Singapore-listed real estate investment trusts (S-Reits), as high interest rates continue to weigh on distributions and investor sentiment remains dour amid the macroeconomic...
US broadband providers to begin providing new comparison labels
MAJOR US broadband Internet providers must start displaying information similar to nutrition labels on food products to help consumers shop for services starting on Apr 10, under new rules...
