Real Estate
Toyota’s global output rises by 7% in January
JAPAN’S Toyota Motor said on Wednesday global vehicle production rose by 7 per cent in January, marking a year-on-year increase for the 13th straight month as the automaker benefited...
New Zealand central bank holds rates, flags less hawkish policy track
NEW Zealand’s central bank held the cash rate steady at 5.5 per cent on Wednesday and trimmed the forecast peak for rates, catching markets by surprise as policymakers said...
EC World Reit posts calculated Q4 DPU of S$0.0069 as distributions stay suspended
EC WORLD Real Estate Investment Trust (Reit) reported a calculated distribution per unit (DPU) of S$0.0069 for the fourth quarter ended Dec 31, 2023, though its distributions remain suspended...
Virgin Galactic revenue misses estimates, will focus on Delta ships
VIRGIN Galactic Holdings fourth-quarter revenue fell short of Wall Street expectations as the space tourism company works to rein in costs and slow its launch schedule while developing a...
Samudera Shipping H2 profit down 77% to US$34.6 million on lower freight rates
SAMUDERA Shipping posted a 77 per cent drop in net profit to US$34.6 million for its second half year ended Dec 31, 2023, from US$150.3 million in the previous...
PropNex H2 profit down 27.1% to S$25.8 million amid buyer caution
For the full year, net profit was down 23.3 per cent on the year to S$47.8 million, while revenue declined 18.6 per cent to S$838.1 million. This was led...
CapitaLand Investment reverses into the red in H2 with S$170m loss
CAPITALAND Investment (CLI) slipped into the red for the second half of its fiscal year, posting a S$170 million loss compared with H2 FY2022’s net profit of S$428 million,...
CDL posts 51.2% rise in H2 profit to S$250.8 million
CITY Developments Limited (CDL) posted a 51.2 per cent rise in net profit to S$250.8million for its second half-year ended December, from S$165.8 million in the previous corresponding period....
