Real Estate
Japan’s fair trade watchdog says Nissan underpaid subcontractors
JAPAN’S fair trade watchdog said on Thursday (Mar 7) Nissan Motor had violated the subcontractor act by underpaying dozens of suppliers by about 3 billion yen (S$27.09 million) in...
South Korea probes data protection by e-commerce platforms like AliExpress, Temu
SOUTH Korea’s personal data protection watchdog said on Thursday (Mar 7) it is looking into consumer data practices of major overseas shopping platforms, as South Korean use of Chinese...
Bruce Lee film studio weighing sale of Singapore Golden Village cinemas: sources
ORANGE Sky Golden Harvest Entertainment Holdings is considering selling its movie theatres in Singapore and Taiwan and seeking a valuation of at least US$400 million for the assets, according...
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...
