Culture
First Reit Q1 DPU dips 3.3% to S$0.0058 amid forex headwinds
[SINGAPORE] First Real Estate Investment Trust’s (First Reit) distribution per unit (DPU) fell 3.3 per cent to S$0.0058 for the first quarter ended Mar 31, compared to S$0.006 in...
Wilmar reports higher earnings for Q1 2025 on better performance from business segments, associates
[Singapore] Wilmar reported a 13.5 per cent increase in earnings for Q1 2025 to US$343.9 million from US$302.9 million in Q1 2024 in a bourse filing on Tuesday (Apr...
Will ComfortDelGro win the point-to-point 2.0 race against Grab?
[SINGAPORE] Grab’s entry into Singapore’s taxi market is likely to give the leading incumbent ComfortDelGro a run for its money.Studies have shown that people who choose to drive taxis...
Temasek’s Gabriel Lim to lead Seviora Holdings as CEO
[SINGAPORE] Temasek Holdings’ head of corporate strategy Gabriel Lim will exit his post to lead the Temasek-owned asset management group Seviora Holdings, the group announced in a statement on...
Norway wealth fund CEO sees potential in real estate, renewable assets
[OSLO] Real estate and renewable assets are becoming more attractive in the face of stock market volatility, according to the head of Norway’s US$1.8 trillion sovereign wealth fund. “The...
CGSI upgrades OUE Reit to ‘add’ on improved outlook
[SINGAPORE] CGS International (CGSI) has upgraded its recommendation for OUE Reit to “add” from “hold”, and raised its price target marginally to S$0.33 from S$0.32.
In a report on...
Adidas holds back on profit upgrade due to tariff uncertainty
[LONDON] German sportswear maker Adidas held back on Tuesday (Apr 29) from raising its 2025 financial forecasts despite strong first-quarter results, saying the uncertainty around US import tariffs was...
Lufthansa confirms 2025 outlook, braces for possible trade fallout
[BERLIN] German airline Lufthansa on Tuesday (Apr 29) confirmed its operating result forecast for 2025, offering what analysts deemed a more positive assessment than other airlines, but warned that...
China says willing to cooperate with US firms after Boeing spat
Among airlines that are willing recipients of the aircraft rejected by the country is Air IndiaPublished Tue, Apr 29, 2025 · 01:11 PM[HONG KONG] China is willing to support...
HSBC Q1 profit drops 25%; launches US$3 billion share buyback
Published Tue, Apr 29, 2025 · 12:35 PM — Updated Tue, Apr 29, 2025 · 01:25 PM[HONG KONG] HSBC Bank launched a US$3 billion share buyback after reporting a 25...
These Singapore names are potential winners from election Budget, tariff volatility: Maybank
[SINGAPORE] The Republic’s domestic-oriented stocks could emerge as spillover beneficiaries amid tariff volatility in spite of Singapore’s high trade dependency, said Maybank. That includes sectors such as property and...
