Fashion
Aramco cuts oil prices to Asia for December after Opec+ delay
SAUDI Arabia lowered oil prices for buyers in Asia for December after members of the Opec+, which includes the Organization of the Petroleum Exporting Countries plus Russia and other...
Manulife US Reit’s portfolio occupancy falls to 77% in Q3
MANULIFE US Real Estate Investment Trust (MUST) posted a portfolio occupancy of 77 per cent for its third quarter ended September, down from 78.4 per cent in the previous...
FLCT posts 5.7% drop in H2 DPU to S$0.0332 despite higher revenue
THE manager of Frasers Logistics & Commercial Trust (FLCT) on Wednesday (Nov 6) reported a distribution per unit (DPU) of S$0.0332 for the second half ended September, down 5.7...
CapitaLand Investment’s 9M revenue holds steady at S$2.1 billion
CAPITALAND Investment (CLI) reported S$2.1 billion in total revenue for the year to date (YTD) ended September, representing a slight improvement from S$2.09 billion in the prior year.In a...
SingPost’s H1 profit rises 97.3% to S$22.6 million; declares higher interim dividend of S$0.0034 per share
SINGAPORE Post’s (SingPost) net profit for the first half ended September nearly doubled to S$22.6 million on higher revenue. This represented a 97.3 per cent increase from S$11.5 million...
Great Eastern posts 52% higher Q3 profit of S$273.4 million
This is driven by contributions from its insurance business and favourable investment performance from shareholders’ fundsGREAT Eastern posted a 52 per cent year-on-year increase in net profit to S$273.4...
Nvidia rides AI wave to pass Apple as world’s largest company
NVIDIA became the largest company in the world on Tuesday (Nov 5), surpassing Apple and underscoring just how dominant artificial intelligence (AI) has become on Wall Street.Shares rose 2.9...
Banks tout all-night US credit trades as election results come in
BANKS are gearing up for late-night US credit trades as results trickle in from presidential and legislative elections that could impact company profits.JPMorgan’s derivatives trading desk will be staffed...
Frasers Hospitality Trust’s sudden lurch to a higher tax rate in Australia serves as a cautionary tale
S-Reits may lose the capital support of strategic investors due to the limit on foreign individual ownershipTHE news that Frasers Hospitality Trust’s (FHT) wholly owned Australian subsidiary, FHT Australia...
Amos Group loses free float, extends offer closing date to Nov 21
OFFSHORE oil and gas equipment manufacturer Amos Group on Tuesday (Nov 5) said it has lost its free float and intends to extend the deadline for shareholders to accept the...
