Culture
Oil falls as Opec+ output hike adds to oversupply concerns
[NEW YORK] Oil prices fell to their lowest levels in a week on Monday after Opec+ agreed to another large output increase in September, adding to oversupply concerns after US...
RevPAR is mixed across Frasers Hospitality Trust’s markets in Q3
[SINGAPORE] Frasers Hospitality Trust saw its revenue per available room (RevPAR) drop in three of the five key markets in which it operates for the quarter ended June, the...
Lendlease Global Commercial Reit posts 1.8% higher DPU of S$0.018 for H2 FY2025
[SINGAPORE] Lendlease Global Commercial Real Estate Investment Trust (Reit) posted a marginal improvement of 1.8 per cent in its distribution per unit (DPU) to S$0.018 for the half-year of...
Lendlease Global Commercial Reit to divest office component of Jem to Keppel for S$462 million
[SINGAPORE] Lendlease Global Commercial Reit will be divesting the office component of the Juong commercial-retail development Jem to Keppel for S$462 million, with the proceeds to be used to...
Razer to hire 150 people for new Singapore AI Center of Excellence
[SINGAPORE] Gaming company Razer is seeking to fill 150 artificial intelligence (AI)-related roles to work at its new AI Center of Excellence, it announced on Monday (Aug 4).These employees...
Tesla approves 96 million share award to CEO Elon Musk
Published Mon, Aug 4, 2025 · 06:26 PM[AUSTIN] Tesla has granted CEO Elon Musk 96 million shares worth about US$29 billion, a move aimed at keeping the billionaire entrepreneur...
CapitaLand Ascendas Reit posts 0.6% drop in H1 DPU to 7.477 Singapore cents
H1 revenue down 2% at S$754.8 million, mainly due to divestment of five properties[SINGAPORE] INDUSTRIAL property player CapitaLand Ascendas Reit’s (Clar) distribution per unit (DPU) fell 0.6 per cent...
UBS pays US$300 million to settle Credit Suisse mortgage case
Published Mon, Aug 4, 2025 · 02:55 PM[ZURICH] UBS Group said it reached an agreement with the US Department of Justice to resolve a legacy Credit Suisse matter related...
Malaysian palm oil firm FGV to be delisted on August 28
Felda settlers own shares in the company but have not seen the returns that they were promised when the company was listed in 2012 Published Mon, Aug 4, 2025...
Nomura’s starting pay matched by Japanese rivals to retain staff
Medium-sized securities firms mostly generate revenue by having staff make sales directly to clients, rather than rely on online tradingPublished Mon, Aug 4, 2025 · 12:30 PM[TOKYO] Mid-sized brokerages...
