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Quarz pares stake in Sabana Reit as Volare adds
Quarz pares stake in Sabana Reit as Volare adds
The transaction increases Volare’s deemed interest in the trust to 19.79% from 17.79%SWISS group Volare has scooped up the 22.5 million shares in Sabana Industrial Real Estate Investment Trust...
Hot stocks: UOB adds S billion to value as  Singapore banks break share price ceilings
Hot stocks: UOB adds S$4 billion to value as Singapore banks break share price ceilings
SHARES of UOB and OCBC leapt to levels never seen before after both lenders surpassed street consensus estimates with their third-quarter net profit figures released Friday (Nov 8). As at...
Bitcoin adds to biggest gain in a week as traders watch US election
Bitcoin adds to biggest gain in a week as traders watch US election
BITCOIN added to its biggest gain in a week as traders around the world watched results trickle in from a US presidential election that pits digital-asset supporter Donald Trump...
Pacific International Lines adds five more LNG dual-fuel vessels in latest renewal process
Pacific International Lines adds five more LNG dual-fuel vessels in latest renewal process
SINGAPORE container carrier Pacific International Lines (PIL) is accelerating the renewal of its fleet with an order for another five liquefied natural gas (LNG) dual-fuel container vessels. Each one...
PBOC adds outright reverse repo to monetary policy toolbox
PBOC adds outright reverse repo to monetary policy toolbox
CHINA’S central bank is introducing so-called outright reverse repurchase agreements as a monetary policy tool.The People’s Bank Of China (PBOC) will conduct monthly outright reverse repos with primary dealers,...
Nestle gets rare ‘sell’ rating as Morgan Stanley adds to tide of growing scepticism
Nestle gets rare ‘sell’ rating as Morgan Stanley adds to tide of growing scepticism
NESTLE received a rare negative rating as Morgan Stanley turned bearish on the consumer-goods giant, adding to a recent turn in the tide of analyst opinion.Shares in the maker...
Johnson & Johnson adds US.1 billion to proposed talc settlement
Johnson & Johnson adds US$1.1 billion to proposed talc settlement
JOHNSON & Johnson plans to pay an additional US$1.1 billion to resolve tens of thousands of legal actions alleging its baby powder and other talc products caused cancer, two...
Singapore stocks join Asian markets in the black; STI adds 1.1%
Singapore stocks join Asian markets in the black; STI adds 1.1%
Across the broader market, 1.4 billion shares worth S$2 billion change hands, with 354 gainers beating 222 losersSINGAPORE equities joined rallies in Asian markets on Friday (Aug 30) after...
Abu Dhabi’s Mubadala adds to data centre bets with Yondr deal
Abu Dhabi’s Mubadala adds to data centre bets with Yondr deal
MUBADALA Investment is investing in London-based data centre developer Yondr Group, marking the Abu Dhabi wealth fund’s latest foray into a sector that’s expected to benefit from booming demand...
SGX FX adds MUFG as liquidity provider
SGX FX adds MUFG as liquidity provider
Exchange says the partnership will help deepen liquidity to platform’s client baseTHE Singapore Exchange (SGX) announced on Tuesday (Aug 20) that it has added Mitsubishi UFJ Financial Group (MUFG)...