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SHARES of Horizon Robotics jumped nearly 38 per cent early in their trading debut in Hong Kong on Thursday (Oct 24), adding to optimism over a revival in initial public offerings (IPOs) in…
OUE Real Estate Investment Trust (Reit) reported a 3.7 per cent dip in net property income in the third quarter to S$60.3 million, from S$62.7 million in the year-ago period. The slight…
THE Singapore High Court has on Wednesday (Oct 23) ordered forex trader Leong Kai Rui to return S$4.7 million to investor Oan Chim Seng for breaching an investment agreement. Additionally,…
ABU Dhabi Investment Authority (ADIA), the UAE’s largest sovereign wealth fund, will invest about US$750 million in the debt of India’s GMR Group, giving it a foothold in one of the…
AN OUE subsidiary, OUE Treasury, has proposed to issue S$50 million in green notes due 2029 at a fixed rate of 4 per cent per annum, the property player said on Tuesday (Oct 22). The green…
PARKWAY Life Real Estate Investment Trust (Parkway Life Reit) is acquiring 11 nursing homes in France for a total consideration of 111.2 million euros (S$159.9 million). The acquisition…
(Bloomberg) -- A Peruvian judge has sentenced former President Alejandro Toledo to 20 1/2 years in prison for having received an eight-figure bribe tied to the construction of a highway…
Hefner Capital, a firm led by Hugh Hefner’s son Cooper, has expressed interest in acquiring the Playboy brand from PLBY Group, according to people with knowledge of the matter. Cooper…
CHINA’S state-owned Citic has agreed to sell its 19.23 per cent stake in the company that operates fast-food chain McDonald’s across China and Hong Kong for US$430.3 million, fully exiting…
Over a million people in South Sudan have been affected by floods across much of the country, the UN’s humanitarian organisation, Ocha, has said. More than a quarter of those – many in the…
After years of low-volume arms exports to Turkey, the German government is again authorizing large-scale shipments to its fellow NATO member. As of October 13, 69 licences worth €103…
Trust’s portfolio of logistics and industrial assets will increase from 70.9% to 71.5% after the acquisition is completed FRASERS Logistics & Commercial Trust (FLCT) is set to acquire a…
AMERICAN fast food restaurant chain Chick-fil-A is opening its first restaurant in Singapore in late 2025, with plans to open two more outlets in the city state by the end of 2026. On…
GENERAL Motors has committed US$625 million towards what will likely be one of the biggest US lithium mines, reinforcing the carmaker’s efforts to secure domestic supply of the battery…
CHINESE autonomous driving firm Horizon Robotics is aiming to raise up to US$696 million in a Hong Kong initial public offering (IPO), as the city’s listings market shows signs of renewed…
CDL Hospitality Trusts (CDLHT) is acquiring an upscale lifestyle boutique hotel in Exeter, England, as well as two retail units in the hotel for about£19.4 million (S$33.2 million), its…
SAO PAULO (AP) — More than 1.6 million people in Sao Paulo were without power on Saturday more than 16 hours after a brief but powerful storm swept through South America's largest city.…
4 min read Last Updated : Oct 12 2024 | 11:52 AM IST Hyundai Motor India Ltd (HMIL), which is set to debut on Indian stock exchanges on October 22, has allocated Rs 32,000 crore for its…
CAPITALAND Ascendas Reit (Clar) is divesting an industrial property at 21 Jalan Buroh in Singapore for S$112.8 million. This is nearly double the original purchase price of S$58.4 million,…
Hurricane Milton has triggered at least 27 tornadoes to tear through the state, resulting in at least 11 deaths and leaving millions without power. Treacherous conditions have created…
Hurricane Milton struck Florida's west coast on Wednesday night as an extremely dangerous storm, causing a "life-threatening" surge and 120 mph winds, leaving nearly 2 million people…
TOP Glove recorded a net loss of RM3.6 million (S$1.1 million) for the fourth quarter ended Aug 31, narrowing from its RM461.7 million net loss the previous year. The glove manufacturer on…
Tesla, Tesla logo(Photo: Shutterstock) 3 min read Last Updated : Oct 10 2024 | 8:06 AM IST By Immanual John Milton Tesla Inc. sold more than $783 million of prime borrower leases to…
THAILAND’S Board of Investment (BOI) said on Wednesday (Oct 9) that it had approved a US$400 million investment by tyre maker Continental to expand its existing facility in the country,…
