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Stocks to watch: CICT, CapitaLand Ascendas Reit, Lendlease Global Commercial Reit, Frasers Hospitality Trust, Sunpower
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Aug 5):CapitaLand Integrated Commercial Trust: The trust posted a 3.5 per cent rise...
CapitaLand Integrated Commercial Trust posts 3.5% rise in H1 DPU to S$0.0562
[ad_1] [SINGAPORE] CapitaLand Integrated Commercial Trust’s (CICT) distribution per unit (DPU) rose by 3.5 per cent to S$0.0562 for its first half ended Jun 30, 2025, on the back of...
Hong Kong’s new listing rules seen as helping hot market to stay hot
[ad_1] [HONG KONG] Hong Kong’s changes to its listing rules are likely to pave the way for one of the world’s hottest markets for initial public offerings (IPOs) to stay...
Intel’s credit rating downgraded by Fitch on demand challenges
[ad_1] Published Tue, Aug 5, 2025 · 07:04 AMFITCH downgrading US chipmaker Intel’s credit rating by one notch on Monday, according to a note by the ratings agency, which assigned...
Oil falls as Opec+ output hike adds to oversupply concerns
[ad_1] [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
[ad_1] [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
[ad_1] [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
[ad_1] [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
[ad_1] [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
[ad_1] 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
[ad_1] 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
[ad_1] 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...