Fashion
Singapore shares gain ground; STI rises 0.3% despite Yangzijiang Shipbuilding dive
[ad_1] The three local banks show mixed performance, with DBS declining while OCBC and UOB advance SINGAPORE equities climbed on Thursday (Feb 27) as investors took stock of company earnings....
Centurion’s planned Reit will do the ‘heavy lifting’ of its assets: CEO
[ad_1] The group hopes to ‘rationalise its assets’ in a way that will help them to grow biggerPURPOSE-BUILT accommodation operator Centurion Corporation said on Thursday (Feb 27) that the proposed...
GuocoLand inks MOU to jointly develop UEM Sunrise’s land bank in Iskandar Puteri
[ad_1] GUOCOLAND will partner Malaysia’s UEM Sunrise to develop selected freehold land parcels in Iskandar Puteri, within the Johor-Singapore Special Economic Zone (JS-SEZ). This is under a memorandum of understanding...
Latest Singapore six-month T-bill cut-off yield slips to 2.75%
[ad_1] THE cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to 2.75 per cent, based on auction results released by the Monetary Authority of Singapore on Thursday (Feb...
Some analysts downgrade CDL, reduce price target on boardroom tussle
[ad_1] ANALYSTS believe that the ongoing feud between CDL’s executive chairman Kwek Leng Beng and chief executive officer and his son, Sherman Kwek, could cause an overhang on the group’s...
Kwek Leng Beng-Sherman tussle at CDL can destroy value
[ad_1] Share price is deeply undervalued, could father-son tussle lead to restructuring or a merger?Investors buy into listed groups where families hold major stakes and are active in management, partly...
Hong Kong exchange’s 2024 profit rises 10% on higher trading revenues
[ad_1] HONG Kong’s bourse operator reported on Thursday a 10 per cent rise in profit in 2024, beating forecasts, bolstered by a sharp jump in trading revenues after China’s announcement...
Blackstone in talks to sell China logistics assets in divestment
[ad_1] BLACKSTONE is in advanced talks to sell three logistics projects in China to Ping An Insurance (Group), according to sources familiar with the matter, in a major exit from...
Trump team weighs pulling funds for Moderna bird flu vaccine
[ad_1] US HEALTH officials are re-evaluating a US$590 million contract for bird flu shots that the Biden administration awarded to Moderna, sources familiar with the matter said.The review is part...
Bain Capital mulls US$10 billion sale of Rocket Software: sources
[ad_1] PRIVATE equity firm Bain Capital is weighing options, including a sale, for Rocket Software that could value the US automation software provider at as much as US$10 billion, including...
