Culture
Australia unveils rescue bid for Rio Tinto’s Tomago aluminium smelter
[ad_1] “If Australia doesn’t produce aluminium, then the knock-on effect in other industries is significant,” warns Prime Minister Anthony Albanese[SYDNEY] Prime Minister Anthony Albanese announced on Friday (Dec 12) a...
Ringgit hits three-year high against Singdollar, four-year high versus greenback
[ad_1] [SINGAPORE] The ringgit hit a three-year high against the Singapore dollar and a four-year high against the US dollar this week, as optimism around the Malaysian economy grew and...
Gold clings to 7-week high as investors gauge Fed trajectory; silver near record peak
[ad_1] GOLD prices held near a seven-week high on Friday, supported by expectations of more interest rate cuts next year after the US Federal Reserve pushed back against hawkish market...
Asian markets track Wall Street record after Fed cut
[ad_1] ASIAN equities rose on Friday as investors tracked a record day on Wall Street in the wake of the Federal Reserve’s latest interest rate cut.The gains came despite renewed...
Hongkong Land shares close 3.5% down following news of S$8 billion real estate fund
[ad_1] [SINGAPORE] Shares of Hongkong Land soared as much as 5.5 per cent after the company announced plans to inject its interests in One Raffles Quay, Marina Bay Financial Centre...
Global EV sales growth slowest since Feb 2024 on China plateau, US policy changes
[ad_1] GLOBAL EV sales grew in November at the slowest rate since February 2024 as China plateaued, while the end of an EV tax credit scheme in the United States...
Hongkong Land advances S$8 billion private real estate fund following Keppel Reit’s MBFC deal
[ad_1] It is expected to launch with an AUM more than double the value of the seed portfolio provided by Hongkong Land[SINGAPORE] Hongkong Land on Friday (Dec 12) announced that...
Hongkong Land hives off MBFC Towers 1 and 2, One Raffles Quay into new S$8 billion Singapore real estate fund
[ad_1] New fund will be Singapore’s biggest private real estate fund and is part of group’s aim to grow its AUM to US$100 billion by 2035[SINGAPORE] Following the sale of...
Hongkong Land hives off MBFC Towers 1 and 2, One Raffles Quay into new S$8 billion Singapore private fund
[ad_1] New fund will be Singapore’s biggest private real estate fund; move follows divestments of other major assets[SINGAPORE] Following the sale of its stake in Marina Bay Financial Centre (MBFC)...
Stocks to watch: Sembcorp, CDL, UOL, GuocoLand, Seatrium, Singtel, Hongkong Land
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Dec 12): Sembcorp Industries : The engineering services company on Thursday announced that...
Sembcorp’s Alinta Energy buy: One step forward on earnings, two steps back on emissions?
[ad_1] Sembcorp says the acquisition is driven by Alinta’s renewables pivot, not its Loy Yang B coal-fired power station[SINGAPORE] Sembcorp Industries’ acquisition of Alinta Energy is a “half-full” and “half-empty”...
