Real Estate
UK’s ITV expects ad recovery to boost profits
BRITAIN’S ITV, the maker of Mr Bates vs the Post Office, said it expected a recovery in the advertising market to help boost its profits this year after on...
Sias urges Great Eastern to address minority investors’ concerns, questions board on performance
THE Securities Investors Association (Singapore) or Sias has urged the board of Great Eastern to “seriously and objectively consider the true purpose of the shareholders’ requests”, instead of avoiding...
Singtel sells 0.8% direct stake in Airtel, expects S$700 million gain
SINGTEL has sold 49 million of its shares in Bharti Airtel, amounting to a 0.8 per cent stake in its Indian associate, for 1,193.70 rupees per share to US-based...
Brokers’ take: DBS cuts target for Parkway Life Reit after factoring in higher capex
DBS Group Research cut its target price on Parkway Life Real Estate Investment Trust (Reit) after taking into account higher capital expenditures (capex) for asset enhancement initiatives. In a...
Intel stands to win US$3.5 billion to produce chips for military
THE United States government is poised to invest US$3.5 billion in Intel so the chipmaker can produce advanced semiconductors for military and intelligence programmes, according to congressional aides. The...
Singapore shares rise at Thursday’s open; STI up 0.1%
SINGAPORE shares rose at the opening bell on Thursday (Mar 7) morning, tracking overnight gains in global markets. The Straits Times Index (STI) gained 0.1 per cent or 3.03...
TDCX’s Q4 profit rises 27.8% to S$32 million on higher margins
NEW York-listed digital customer solutions provider TDCX posted a net profit of S$32 million for its fourth quarter ended December 2023, up 27.8 per cent from S$25 million in...
Bank of America joins rivals in predicting stronger investment banking revenue
BANK of America (BOA) expects its investment banking revenue to rise by 10 to 15 per cent in the first quarter from a year earlier, joining rivals who have...
