Starhill Global Reit posts 1.1% rise in H1 DPU to S$0.018
STARHILL Global Real Estate Investment Trust’s (Reit) distribution per unit (DPU) rose 1.1 per cent to S$0.018 for its first half ended Dec 31, 2024, from S$0.0178 in the year-ago period.…
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Global
MPACT Q3 DPU falls 9.1% to S$0.02 amid global headwinds
MAPLETREE Pan Asia Commercial Trust’s (MPACT) distribution per unit (DPU) fell 9.1 per cent to S$0.02 for its third quarter ended Dec 31, 2024, from S$0.022 in the year-ago period. Revenue…
Indonesia opens domestic carbon market to global investors
INDONESIA’S domestic carbon exchange opened trading to foreign participants as the nation aims to restore its position as a major hub for offsets and attract more investment for local…
Data readiness is the biggest AI challenge for global life insurers
Data readiness is the biggest challenge in getting value from AI reported 78% of global life insurers. Australia was top in terms of data readiness with 38% of carriers being "Optimal",…
iFast mulls more banking licences in the EU, Singapore amid global push
The company’s banking business is a key part of its three-year plan, which includes reaching a target of assets under administration of S$100 billion by 2028 to 2030 WHEN iFast bought a…
CSE Global seeks to dispose US industrial property for US$29.3 million
Technology solutions provider says this will free up capital to buy a larger property in the US CSE Global’s indirect wholly owned subsidiary, Volta Properties, entered a purchase and sale…
Citigroup, BofA exit global climate-banking alliance
CITIGROUP and Bank of America said they are leaving a global climate-banking group, becoming the latest Wall Street lenders to exit the coalition in the past month. In a statement,…
CSE Global unit’s US lawsuit may impact 2024 earnings
The company could not quantify the impact, since legal proceedings are in the preliminary stage TECHNOLOGY solutions provider CSE Global said on Friday (Dec 27) that its financial…
On a quest for global domination, Chinese EV makers are upending Thailand's auto industry
BANGKOK — Japanese car factories in Thailand — which for decades has been the premiere hub of auto manufacturing in Southeast Asia — are shutting down or scaling back. Subaru said it will…
Dinga Dinga Virus Triggers Global Panic: The Mysterious 'Dancing Plague' Infecting Hundreds (Watch Video)
A strange illness known as the Dinga Dinga virus has caused panic in Uganda's Bundibugyo district. This baffling condition, marked by uncontrollable shaking resembling dance-like…
Citi and Maybank Securities collaborate to offer global securities lending to Singapore retail investors
This collaboration marks the introduction of Citi Securities Lending Access in Asia CITI and Maybank Securities announced on Wednesday (Dec 18) that they will be working to facilitate the…
Global M&A deal value will hit ‘middling’ US$3.5 trillion by end 2024: Bain
THE global mergers and acquisitions (M&A) market is set to end the year with a “middling” overall deal value of US$3.5 trillion, indicated projections by Bain & Company. This figure is…
Global airlines forecast US$1 trillion 2025 revenue despite plane shortage
GLOBAL airlines body International Air Transport Association (Iata) has forecast industry-wide 2025 revenue of more than a trillion US dollars and record passenger numbers, despite what…
Stocks to watch: CapitaLand China Trust, Lendlease Global Reit, StarHub
THE following companies saw new developments that may affect trading of their securities on Monday (Dec 9): CapitaLand China Trust (CLCT): The manager has appointed Gerry Chan as its CEO…
Putin warns West of "brink of global conflict"
Vladimir Putin has warned of an impending "global conflict" in an address in which he accused the West of stoking tensions regarding the war in Ukraine he started. Putin told the meeting…
Hot stock: OKH Global surges 38.9% after proposed acquisition of Chip Eng Seng Construction
The company says the deal could help to revitalise the business and provide a strong financial footing for it to pursue future growth opportunities SHARES of OKH Global surged on Thursday…
Fortunes of Apac billionaires outstripped global wealth growth last decade: report
ASIA-Pacific’s (Apac) ultra wealthy had the fastest growing fortunes among billionaires across the globe over the last decade, a UBS report found on Thursday (Dec 5). The wealth of Apac’s…
IReit Global inks lease contract with Premier Inn to reposition Berlin Campus into mixed-use space
EUROPE-FOCUSED real estate investment trust (Reit) IReit Global has signed a lease contract with UK hotel chain Premier Inn for 10,348 square metres or 12 per cent of net lettable space in…
Why is a global treaty on plastic pollution dividing the world?
SEOUL — What on earth to do about all the plastic polluting the oceans, the food supply, even our bodies? That is the question that the delegates from 175 countries are trying to answer…
Foxconn says global manufacturing footprint to shield it from Trump’s tariffs
TAIWAN’S Foxconn said on Wednesday (Nov 27) it expects any impact of new tariffs from US President-elect Donald Trump to hit it less than its rivals, citing its global manufacturing…
Moo Deng is a worldwide phenomenon. How long can this global love affair last?
CHONBURI PROVINCE, Thailand — Like most babies, Moo Deng spends a lot of her time sleeping. But for a few hours a day, the 4-month-old pygmy hippo springs to life, gumming on leaves,…
Antarctica Is the Canary in the Global Coal Mine, and Scientists Are Terrified
Antarctica is staring down the barrel of a gun, and humans are the ones holding it. Hundreds of concerned scientists came together in Australia recently to discuss how we can put the gun…
Chinese broker Futu cuts 5% of staff as global expansion slows
CHINA’S online brokerage Futu Holdings is reducing its headcount by about 5 per cent as it reassesses the firm’s strategy to expand globally. Responding to social media posts over large…
In data: APAC outperforms amid global decline in deal activity
GlobalData reports that the Asia-Pacific (APAC) region recorded 11,808 deals, including mergers & acquisitions (M&A), private equity and venture financing deals between January and October…