Real Estate
Asia: Markets track Wall Street losses
ASIAN shares mostly fell on Thursday tracking US losses ahead of the release of crucial inflation data later in the day that will help chart the Fed’s rate cut...
Gold prices steady as traders brace for US inflation data
GOLD prices held ground on Thursday (Feb 29) as traders awaited the Federal Reserve’s preferred inflation gauge due later in the day that could provide a fresh perspective into...
Singapore shares rise at Thursday’s open; STI up 0.2%
SINGAPORE shares rose at the opening bell on Thursday (Feb 29) morning, despite overnight losses in global markets. The Straits Times Index (STI) gained 0.2 per cent or 6.36...
Sats posts S$31.5 million Q3 profit on strong cargo volumes, seasonal demand
IN-FLIGHT caterer and ground handler Sats on Thursday (Feb 29) posted a 41.9 per cent quarter-on-quarter rise in third-quarter net profit to S$31.5 million from S$22.2 million. It recorded...
BHP launches major worldwide restructuring: Australian report
BHP Group, the world’s biggest miner, has embarked on a major restructuring of its global business, affecting units from mine planning to decarbonisation and heritage protection, according to a...
Kodak disbands team managing US$4 billion of pension investments
EASTMAN Kodak is disbanding a team that manages the firm’s US$4 billion of pension investments, according to sources with knowledge of the matter. The former giant of the photography...
Rolex sales top US$10 billion in 2023 as luxury watchmaker gains ground
ROLEX sales crested US$10 billion for the first time as the top Swiss watch brand gained market share, according to a report by Morgan Stanley. The dominant Swiss luxury...
Oil gains on potential Opec+ cuts, curbed by jump in US crude stocks
OIL prices rose marginally on Wednesday as the prospect of delays to US interest rate cuts and a higher-than expected rise in US crude stocks offset support from a potential...
