Real Estate
Hot stock: CDL rises 3.7% on share buyback exercise
SHARES of City Developments (CDL) rose steadily on Monday (Mar 11) after the property developer announced it had initiated share buybacks for its ordinary shares on the open market.As...
Australia’s top banker renews warning on Apple’s payments power
COMMONWEALTH Bank of Australia chief executive officer Matt Comyn renewed his warning on Apple’s power over the nation’s payments market, reigniting a years-long dispute about competition in a booming...
Singapore stocks open lower on Monday; STI down 0.1%
SINGAPORE equities were pulled into negative territory on Monday (Mar 11) morning after global equities ended the prior week mixed. As at 9.01 am, the Straits Times Index (STI)...
Sembcorp bags 440 MW wind-solar power project in India
INDIA’S SJVN, a state-owned power producer, has awarded a 440 megawatt (MW) wind-solar hybrid power project to Sembcorp Industries’ wholly owned renewables subsidiary. The build-own-operate project is part of...
Japan boosts reliance on allies Australia, US for long-term LNG supplies
RESOURCE-SCARCE Japan is shoring up long-term supplies of liquefied natural gas from close allies Australia and the United States as key contracts from providers including Russia are set to...
Vopak, Air Liquide partner to study ammonia-to-hydrogen infrastructure on Jurong Island
VOPAK and Air Liquide have joined hands to study how they might produce and distribute low-carbon hydrogen on Jurong Island, with an aim to support Singapore’s national hydrogen strategy....
Big Japan trade enjoys revival as BOJ rate-hike bets grow
MARKETS are reckoning with the very real chance that the Bank of Japan (BOJ) will end the world’s last remaining negative-rate regime and increase borrowing costs as soon as...
Hot stock: Japfa declines comment on potential privatisation deal; stock jumps 20.9%