Fashion
Forever 21 considers bankruptcy filing if asset-sale plans fail
[ad_1] FOREVER 21 is considering multiple options to turn around its business, which could include a second bankruptcy filing, according to sources with knowledge of the matter.The company is focused...
Why Sabana Reit should hold off on asset sales for now
[ad_1] Such action would have been more appropriate when Sabana Reit tried to merge with ESR Reit in 2020, or when it first started the perilous ‘internalisation’ journey in 2023MANY...
Vanguard’s record fee cuts tighten screws on BlackRock, Invesco
[ad_1] VANGUARD Group’s biggest salvo yet in its campaign to cut fees for the investing masses presents industry rivals with a painful choice. Follow suit and lose potentially hundreds of...
Google shares plummet after earnings disappoint
[ad_1] Just a few minutes after trading opened in New York, shares in Google-parent Alphabet were down 7.16%Shares in Google dropped by more than seven per cent on Wall Street...
Uber’s fourth-quarter earnings miss overshadows bookings growth
[ad_1] UBER Technologies reported weaker-than-expected fourth-quarter earnings and operating income, overshadowing steady bookings growth.Adjusted earnings before interest, taxes, depreciation and amortisation were US$1.84 billion, just shy of the US$1.85 billion...
CapitaLand Malaysia Trust to buy three freehold industrial properties in Johor-Singapore SEZ for RM72 million
[ad_1] CAPITALAND Malaysia Trust (CLMT), a subsidiary of CapitaLand Investment, on Wednesday (Feb 5) signed a conditional agreement to acquire three freehold industrial properties for a cash consideration of RM72...
Over 500 investors start claims process against Switzerland for Credit Suisse AT1 write-down: Singapore law firm
[ad_1] They are claiming losses amounting to about US$250 million, making it the the largest claim against the European country in treaty arbitration to dateMORE than 500 investors have started...
Over 500 investors, including 300 Singaporeans, kick off claim against Switzerland over Credit Suisse bond losses of over US$250 million
[ad_1] Drew & Napier is leading action by investors who saw their investments wiped out when CS AT1 bonds were written down as part of takeover by UBSMORE than 500...
Huawei chairman says 2024 revenue exceeded 860 billion yuan
[ad_1] HUAWEI’S chairman said on Wednesday (Feb 5) that the tech company’s annual revenue exceeded 860 billion yuan (S$159.6 billion) last year, as it continued to shake off the impact...
Investors eye more share buybacks, special dividends as DBS, OCBC, UOB release Q4 earnings
[ad_1] The local banking trio are due to report their fourth quarter and full year 2024 results in FebruaryINVESTORS are keenly watching the capital management plans of the Singapore banks,...
