Culture
US: Major indexes notch fresh records on rate cut hopes
[ad_1] [NEW YORK] Wall Street’s major indexes hit fresh records on Thursday as US inflation and jobless claims data added to conviction that the Federal Reserve would lower interest rates...
Frasers Hospitality Trust to suspend trading on Sep 12, expected to delist on Oct 6
[ad_1] Payment for the scheme consideration to eligible securityholders is set to be made on or around Sep 30[SINGAPORE] Frasers Hospitality Trust (FHT) has received the court’s sanction for its...
Apple analyst sentiment hits five-year low after two downgrades
[ad_1] [NEW YORK] Apple was hit with a pair of downgrades on Thursday (Sep 11), in the latest sign of caution towards the iPhone maker, which has sharply underperformed its...
Low Keng Huat sinks into the red with S$10.2 million net loss in H1
[ad_1] The property developer’s half-year revenue tumbles 85% to S$38.7 million, from S$257.9 million the previous year[SINGAPORE] Property developer Low Keng Huat has sunk into the red with a net...
Oracle retreats after record run towards US$1 trillion club on AI cloud boom
[ad_1] [NEW YORK] Oracle shares retreated on Thursday (Sep 11) after a record AI-driven surge in the previous session that brought the company closer to the trillion-dollar mark and put...
Singapore stocks end higher amid mixed regional trading; STI up 0.2%
[ad_1] On the STI, UOL is the top gainer, up 3.9%; Thai Beverage is the biggest decliner, shedding 1.1% [SINGAPORE] Local stocks tracked overnight gains on Wall Street, amid mixed...
Carlyle, EQT, HongShan among final bidders for Starbucks China: sources
[ad_1] [HONG KONG] Global investment firms Carlyle Group and EQT, alongside regional players HongShan Capital Group and Boyu Capital, are preparing final offers for a controlling stake in Starbucks’ China...
Centurion soars 7.4% on the back of IPO for Centurion Accommodation Reit
[ad_1] [SINGAPORE] Shares of Centurion soared nearly 7.4 per cent on Thursday afternoon (Sep 11) shortly after it gave details on the proposed listing of its Centurion Accommodation Reit on...
Latest Singapore six-month T-bill cut-off yield falls to 1.38%
[ad_1] Auction receives a total of S$15.7 billion in applications for the S$7.8 billion on offer, representing a bid-to-cover ratio of 2.02[SINGAPORE] The cut-off yield on Singapore’s latest six-month Treasury...
Veteran banker sees Bank Negara keeping rates unchanged
[ad_1] [KUALA LUMPUR] A veteran banker who led a Malaysian lender to record profit says that the South-east Asian country can hold off on further cutting borrowing costs as current...
Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2025 on robust growth and higher consumption
[ad_1] Corporate tax takings rise 6.7% to S$30.9 billion and remain the largest contributor[SINGAPORE] The Inland Revenue Authority of Singapore (Iras) collected S$88.9 billion in tax revenue for the financial...
