Business
United Hampshire US Reit acquires freehold Pennsylvania shopping center for US$16.4 million
The purchase marks the Reit’s third acquisition in Pennsylvania, the manager says United Hampshire US Reit has acquired freehold shopping…
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Business
Business
United Hampshire US Reit acquires freehold Pennsylvania shopping centre for US$16.4 million
United Hampshire US Reit has acquired a freehold grocery-anchored shopping centre in Pennsylvania for a purchase consideration of S$16.4…
Business
Stocks to watch: SIA, Nio, Genting Singapore, CDL, United Hampshire US Reit, GHY, Ossia
The following companies saw new developments that may affect trading of their securities on Monday (Aug 4): Singapore Airlines (SIA): The…
Business
UK’s FCA proposes £9 billion to £18 billion redress scheme for motor finance claims
Britain’s Financial Conduct Authority (FCA) on Sunday proposed a redress scheme for consumers with motor finance compensation claims…
Business
Thai Airways shares to resume trading after exit from restructuring
The move marks the flag carrier’s return to normal business operations after it had accumulated more than 400 billion baht of debt in the…
Business
Thai Airways’ share price soars more than 200% after trading resumption
Thai Airways International’s stock price had risen 216 per cent when the market closed on Monday (Aug 4) after shares in the airline…
Business
South Korea’s SK On aims to best rivals with next-generation batteries
SK Innovation’s battery unit plans to accelerate development of cutting-edge technologies in partnership with US and European carmakers,…
Business
The insidious risk in holding on to cash
Cash is king – or is it? With interest rates still well above pre-2022’s zilch and pundits touting the Singapore dollar’s “safe haven…
Business
Oil slips after Opec+ agrees to hike output in September
Oil prices slipped in early Asian trade on Monday after Opec+ agreed to another large production hike in September. Brent crude futures…
Business
Crypto mogul flies to space aboard latest Blue Origin flight
Other celebrities have taken on the suborbital mission, including pop star Katy Perry and Bezos’ now-wife Lauren Sanchez A Blue Origin…
Business
Produce, Polo and Patina: Inside Ralph Lauren’s Intimate Summer Lunch at Mulford Farm
Ralph Lauren knows that visiting Mulford Farm isn’t typically the first stop on the Hamptons summer agenda. For most, catching sight of…
Business
Opec+ leaves traders with cliffhanger as stormy chapter ends
The Organization of the Petroleum Exporting Countries and its allies (Opec+) closed a two-year chapter in its oil strategy on Sunday (Aug…
Business
Who is Andrew Tulloch? High-Profile AI Researcher Reportedly Refuses Meta's $1billion Recruitment Offer
Since Mark Zuckerberg decided to go aggressively behind AI advancements and decided to form a superintelligence team, his company Meta is…
Business
Who is Matt Dietke? Mark Zukerberg Hires AI Prodigy with $250M Deal After He Rejects Initial Deal
US technology giant Meta, which is on a hiring spree of highly talented AI researchers, has lured one more AI prodigy, Matt Deitke, in an…
Business
The AI race has big tech spending US$344 billion this year
If there’s any lesson to take from the spending plans issued by the world’s largest technology companies over the past two weeks, it’s to…
Business
US dollar tumbles;traders bet on more US rate cuts after weak jobs report
THE greenback dropped on Friday (Aug 1) and was on track for its biggest daily loss against the yen since January 2023 after data showed…
Business
Wall Street banks lose ground in Europe as tariffs spook clients
AS US President Donald Trump has ratcheted up his rhetoric against trading partners in Europe, corporates across the continent are taking…
Business
iFast books S$50.3 million net institutional inflow in five sessions
Over the five trading sessions from Jul 25 to 31, institutions were net sellers of Singapore stocks. The net institutional outflow of…
Business
As Trump’s tariffs bite, investors should ensure the companies they own have strong fundamentals
It seemed like Groundhog Day again when US President Donald Trump unveiled revised reciprocal tariffs on imports from dozens of countries…
Business
CHAN 2024: Samia Suluhu promises 1 billion to the Tanzanian national team
CHAN 2024: Samia Suluhu promises 1 billion to the Tanzanian national team On the occasion of CHAN 2024, hosted in East Africa, Tanzanian…
Business
Buffett’s Berkshire hit with US$3.8 billion Kraft Heinz charge
WARREN Buffett’s Berkshire Hathaway took a US$3.8 billion impairment on its Kraft Heinz stake, the latest hit to a bet that’s weighed on…
Business
Opec+ makes another large oil output hike in market share push
Opec+ agreed on Sunday (Aug 3) to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated…
Business
Mixed H1 2025 performance, but hospitality S-Reits push ahead with portfolio reconstitution and diversification
Three out of five Singapore-listed hospitality trusts have reported half-yearly financial results for the first half of 2025 over the past…
Business
South-East Asian firms test Hong Kong waters amid IPO surge
South-east Asian companies have mostly sat out Hong Kong’s 2025 listing boom, but a cautious revival may be under way with four more…