Business
China’s US$470 billion oil and gas splurge is just the start
The Asian nation still consumes far more than it produces, and that is unlikely to change any time soon Some 20 kilometres out from the…
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Business
Business
Lendlease Reit acquires remaining 70% of PLQ Mall for S$246.8 million
Deal will be financed by proposed private placement of units priced at S$0.597 to S$0.616 each The manager of Lendlease Global Commercial…
Business
Lendlease Reit acquires 70% of PLQ Mall
Deal will be financed by proposed private placement of units priced at S$0.597 to S$0.616 each The manager of Lendlease Global Commercial…
Business
Gold edges up on bargain-hunting as market awaits US jobs data
Bullion hit a record high of US$4,381.21 on Oct 20, but has fallen close to 10% since then. Gold prices edged higher on Wednesday (Nov 5)…
Business
Indonesian bonds hit by foreign fund outflows on policy woes
Foreign investors sold Indonesian government bonds again last month, underscoring concerns over the government’s plans to increase…
Business
Yangzijiang Shipbuilding tumbles 5% after BlackRock sells 37.8 million shares
Shares of Yangzijiang Shipbuilding fell as much as 5 per cent on Wednesday (Nov 5) after asset manager BlackRock ceased to be a…
Business
Yangzijiang Shipbuilding falls 2.9% after BlackRock sells 37.8 million shares
Shares of Yangzijiang Shipbuilding fell as much as 5 per cent on Wednesday (Nov 5) after asset manager BlackRock ceased to be a…
Business
Stocks to watch: SIA Engineering, Parkway Life Reit, Lendlease Reit, Aims Apac Reit, Manulife US Reit
The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 5): SIA Engineering: The…
Business
‘All the signs are positive’: Manulife US Reit manager sees improved outlook on US office recovery
Some 81,000 sq ft of leases have been executed in the quarter, making up 2.3% of the portfolio’s net lettable area The manager of Manulife…
Business
Bullying and racism at Oxford Brookes' rowing club confirmed by report
Clodagh StensonBBC South Investigations Sexual harassment, racism and bullying did happen at Oxford Brookes University Boat Club, an…
Business
Tesla’s UK car sales halve in October, New Automotive data shows
TESLA’S UK car sales halved year-over-year in October, data from research group New AutoMotive showed on Wednesday, echoing the steep…
Business
Aims Apac Reit’s H1 DPU rises 1.1% to S$0.0472
Aims Apac Real Estate Investment Trust (Reit) on Wednesday (Nov 5) posted a distribution per unit (DPU) of S$0.0472 for the first half of…
Business
Yum Brands mulls Pizza Hut sale as Taco Bell drives third-quarter beat
YUM Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain struggling in a highly competitive fast-food…
Business
Bitcoin falls below US$100,000 as risk-off mood weighs on crypto
Bitcoin has wiped out its summer rally, giving back gains made during Wall Street’s euphoric embrace and a surge in institutional buying.…
Business
AMD’s outlook fails to wow investors after AI-fuelled rally
Investors have bet heavily on the company following blockbuster agreements with OpenAI and Oracle Advanced Micro Devices (AMD), the main…
Business
New lawsuit alleges Spotify allows streaming fraud
A NEW lawsuit alleges streaming giant Spotify turns a blind eye to vast networks of bots that inflate streaming figures to benefit…
Business
Clarks to Open Dedicated Cloudsteppers Concept Stores as It Invests in Comfort Line
Clarks is doubling down on its Cloudsteppers line with a new plan to open standalone concept stores dedicated to the collection in…
Business
USDA email warns stores: discounts for SNAP users could violate federal law
Restaurants, food banks, nonprofits, and other organizations have stepped up to offer assistance to the 41 million Americans who have been…
Business
Big Tesla investor will reject Elon Musk’s $1 trillion pay package
Norway’s sovereign wealth fund, one of Tesla’s biggest investors, said on November 4 that it will vote against a proposed compensation…
Business
Dissecting Retail Real Estate: Insights on Investment, Growth and Consumer Behavior
Where should retail go in the next 10 years? Wherever the customers go. In a VIP breakfast discussion at WWD’s recent Apparel & Retail CEO…
Business
Pizza Hut’s parent company weighs selling the chain
Pizza Hut could soon be up for sale. Yum Brands, Pizza Hut’s parent company, said Tuesday it’s conducting a formal review of options for…
Business
Victoria’s Secret Squares Off With Investor and Boardroom Hopeful Brett Blundy
Brett Blundy is still keen on getting into the Victoria’s Secret & Co. boardroom. But the billionaire investor and entrepreneur, whose…
Business
Tanger Reports Solid Q3, Raises 2025 Outlook
Tanger, citing sales momentum, recent property acquisitions, and a more diversified tenant mix, reported a strong third quarter, prompting…