Culture
Investing in influencers – Azure Capital partners Gushcloud in fund to support creators, with up to 12.5% returns
[SINGAPORE] The Azure-Gushcloud Entertainment Finance Fund, launched in February 2025, has hit its initial target of raising S$10 million from investors.The fund promises investors a return of 12.5 per...
CapitaLand Ascendas Reit reports positive rental reversions despite dip in occupancy in Q1
[SINGAPORE] CapitaLand Ascendas Real Estate Investment Trust (Clar) reported a growth in portfolio rental reversions of 11 per cent in the first quarter of 2025, despite occupancy dipping, in...
Sats’ WFS opens US$270 million cargo terminal at JFK Airport
[NEW YORK] Worldwide Flight Services (WFS) has partnered the Port Authority of New York and New Jersey and global investment manager Realterm to open a US$270 million cargo terminal...
Singapore stocks close lower on Monday; STI falls 0.3%
The biggest decliner on the index is UOB, and the top gainer is Yangzijiang Shipbuilding[SINGAPORE] Shares on the Singapore market ended lower on Monday (Apr 28), after the city-state’s...
40 die, hundreds injured as explosion rocks Iranian port
[TEHRAN] Firefighters in Iran battled raging fires on Monday (Apr 28) at the country’s largest commercial port, two days after a massive explosion killed at least 40 people, state...
Latest NZ$2.80-per-share offer by CDL unit still ‘too low and inadequate’: M&C New Zealand
[SINGAPORE] The independent directors of Millennium & Copthorne Hotels New Zealand (MCK) do not recommend shareholders of MCK to accept the increase of CDL Hotels Holdings New Zealand’s (CDLHH...
Aster Chemicals to bid for Exxon Mobil’s Singapore fuel stations, sources say
Published Mon, Apr 28, 2025 · 03:45 PM[SINGAPORE] Aster Chemicals and Energy, the new operator of the Bukom refining complex, is planning to bid for ExxonMobil’s petrol stations in...
Mortgagee listings climb in Q1 as interest rate strains hit market: Knight Frank
[SINGAPORE] Mortgagee listings in Singapore property auctions rose in the first quarter of 2025 as distressed sales due to the last two years of high interest rates have started...
Toyota Industries shares set to surge on potential buyout by Toyota Motor
[TOKYO] Shares of Toyota Industries were set for their biggest daily jump on record on Monday (Apr 28) after Japanese automaker Toyota said it was considering a potential buyout...
Australian stock exchange operator to reassess M&A rules amid James Hardie backlash
Published Mon, Apr 28, 2025 · 09:50 AMTHE Australian stock exchange operator ASX said on Sunday that it had initiated a process for its rules regarding shareholder approvals for...
