Income
JPMorgan raises 2024 interest income forecast to US$91 billion
JPMORGAN Chase on Monday (May 20) raised its forecast for net interest income (NII), or the difference between what it makes on loans and pays out on deposits, to...
ADDX launches fixed income marketplace and digitised bond programme
PRIVATE market exchange ADDX has launched its blockchain-based ADDX Fixed Income Marketplace (ADDX FI) alongside a multi-issuer debt issuance programme for companies to issue digitised commercial paper and bonds....
Sasseur Reit posts 1.2% rise in Q1 rental income; changes to semi-annual distributions
SASSEUR Real Estate Investment Trust’s (Reit) rental income under its entrusted management agreement (EMA) model for the first quarter ended March rose 1.2 per cent year on year to 172.6 million...
United Hampshire US Reit reports 19% lower distributable income of US$6.4 million
UNITED Hampshire US real estate investment trust’s (United Hampshire US Reit) distributable income fell 19 per cent year on year to US$6.4 million, due to higher interest expenses and...
Robinhood beats profit estimates on interest income strength
TRADING app Robinhood Markets beat estimates for first-quarter profit thanks to strong trading volumes and rate hikes that boosted its net interest revenue and sent shares up about 6 per cent...
Prime US Reit distributable income for Q1 2024 down 19.5% to US$11.9 million
PRIME US Reit’s : OXMU 0% distributable income fell 19.5 per cent to US$11.9 million in the first quarter of its fiscal year ended Mar 31, 2024, from US$14.9...
Daiwa House Logistics Trust posts 0.6% higher Q1 distributable income
Daiwa House Logistics Trust’s (DHLT) distributable income for the first quarter ended March was up 0.6 per cent on the year to S$9.2 million, from S$9.1 million. This was...
ARA H-Trust Q1 net property income up marginally to US$6.4 million
ARA US Hospitality Trust (ARA H-Trust) posted a net property income (NPI) of US$6.4 million for its first quarter ended Mar 31, 2024 marking a 1.1 per cent rise...
