Real Estate
Didi Global must face US investor lawsuit over IPO
DIDI Global, the Chinese ride-hailing company, must face a lawsuit in a US court claiming it defrauded investors by concealing and disobeying a Chinese government order to postpone its...
Europe: Shares ease from record high on rate cut uncertainty
EUROPEAN shares lost momentum on Thursday after hitting a series of record highs in the past few sessions, as further evidence of sticky US inflation led to doubts about...
US: Stocks fall on renewed inflation concerns
WALL Street stocks lost ground on Thursday as a hotter than expected wholesale prices report reignited worries over inflation and sent Treasury yields higher. The Dow Jones Industrial Average retreated 0.4...
Hospitality S-Reits set to continue ‘stellar’ run but at slower pace
HOSPITALITY focused Singapore-listed real estate investment trusts (S-Reits) have had a good run in the last year, outperforming S-Reits from other sub-sectors such as retail and healthcare. The five...
Citigroup probes senior IPO banker over bullying claims
CITIGROUP is investigating workplace harassment allegations made by at least one employee against a senior US banker who works on initial public offerings, four people with direct knowledge of...
Greenback rallies on US retail, producer price data
THE greenback rallied on Thursday (Mar 14) after both US retail sales for February and producer price data were released. It was the producer price release which had the...
SIA prices US$500 million notes due 2034 at 5.296% yield
SINGAPORE Airlines (SIA) has priced US$500 million of 10-year, 5.25 per cent bonds at a reoffer price of 99.646 to yield 5.296 per cent. The fixed-rate notes will bear...
US: Wall St ticks up as traders stick to rate-cut bets after data deluge
WALL Street’s main indexes opened slightly higher on Thursday (Mar 14), as investors stuck to bets of the Federal Reserve easing interest rates in the coming months after data...
