Real Estate
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...
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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...
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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...
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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...
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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...
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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...
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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...
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Stocks to watch: OCBC, CLI, Jardine C&C, CDL, UOL, Golden Agri-Resources
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 28):OCBC: The lender’s net...
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Hot stock: Olam up as much as 10% as H2 profit rises 15.4% to S$230.8 million
SHARES of mainboard-listed Olam Group climbed as much as 10 per cent on Wednesday (Feb 28) after the agri-business group...
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OCBC Q4 net profit rises 12% to S$1.62 billion; declares S$0.42 final dividend
OCBC’s net profit for the fourth quarter ended Dec 31, 2023 gained 12 per cent to S$1.62 billion from S$1.44...
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