Business
CapitaLand China Trust H1 DPU falls 17.3% to S$0.0249
CapitaLand China Trust’s (CLCT) distribution per unit (DPU) for the six months ended Jun 30 fell 17.3 per cent to S$0.0249, from S$0.0301…
Section
Business
Business
China stock Pheton plunges 90% in minutes after pump-and-dump warning
Pheton Holdings, a Nasdaq-listed Chinese health care company, lost 90 per cent of its market value in a matter of minutes on Tuesday (Jul…
Business
CDL Hospitality Trusts H1 NPI drops 11.9% to S$58.6 million as W Hotel renovations continue
Net property income (NPI) for CDL Hospitality Trusts (CDLHT) fell11.9per cent to S$58.6 million for the first half ended June 30, from…
Business
Stocks to watch: Hotel Properties Limited, Hongkong Land, Keppel Reit, CLCT, Starhill Global Reit, FEHT
The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 30): Hotel Properties Limited…
Business
Stocks to watch: Hotel Properties Ltd, Hongkong Land, Keppel Reit, CLCT, Starhill Global Reit, FEHT
The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 30): Hotel Properties Limited…
Business
Goldman taps art advisory in Asia as wealthy plan for heirs
Goldman Sachs is building up its art advisory services in Asia, as wealthy families catch up with those in the US and Europe on…
Business
Goldman pitches wealthy Asian heirs on leveraging family art
Goldman Sachs Group is building up its art advisory services in Asia, as wealthy families catch up with those in the US and Europe on…
Business
Starbucks CEO details brand reset plan as turnaround efforts drive sales beat
STARBUCKS reported better-than-expected revenue rise for the third quarter, as demand in China improved while investments in labor and…
Business
Far East Hospitality Trust H1 DPS falls 9.2% to S$0.0178
Distribution to stapled security holders drops 8.7% to S$36 million from S$39.5 million Far East Hospitality Trust (FEHT) posted a 9.2 per…
Business
Far East Hospitality Trust H1 DPS falls 9.2% to S$0.0178 on lower contributions from Singapore hotels, serviced residences
Far East Hospitality Trust (FEHT) on Wednesday (Jul 30) posted a 9.2 per cent fall in distribution per stapled security (DPS) to S$0.0178…
Business
Bank of Japan to hold rate steady with likely upgrade to price view
The Bank of Japan (BOJ) is expected to keep its benchmark interest rate steady and boost its inflation outlook on Thursday (Jul 31), as…
Business
YouTube plans to use AI to detect if US viewers are under 18
Alphabet’s YouTube will soon begin using artificial intelligence (AI) to determine whether viewers in the US are under the age of 18,…
Business
P&G estimates US$1 billion tariff hit, plans some US price hikes
Procter & Gamble executives projected a US$1 billion hit from US tariffs over the next year on Tuesday as the consumer products giant said…
Business
South-east Asia’s IPO rebound offers beleaguered private equity market a sliver of hope
Private equity (PE) players have seen the lack of exit opportunities in the first half of 2025 contribute to a decline in private…
Business
Gucci owner Kering posts 46% profit slump before new CEO arrives
French luxury group Kering reported on Tuesday a 46 per cent plunge in net profit during the first half, with sales slumping again at its…
Business
Europe: Stocks close up; Novo Nordisk logs its biggest daily drop on record
EUROPEAN stocks closed higher on Tuesday, buoyed by financials and defence stocks, though Danish stocks logged their biggest one-day drop…
Business
US: Stocks retreat ahead of Fed decision, big tech earnings
Wall Street stocks retreated on Tuesday as markets digested major merger announcements and monitored US-China trade talks ahead of big…
Business
Curve New York Returns to Javits Center With Global Brands, Exclusive Events and Industry Panels
Curve New York will return to the Javits Center River Pavilion from Aug. 3 to 5 with a slate of international intimate apparel, swim,…
Business
Palmer Luckey's Anduril leads second quarter surge for venture capital in greater L.A.
Venture capital investments in the Greater Los Angeles region more than doubled to $5.8 billion in the second quarter, compared to a year…
Business
mm2’s Cathay receives more legal letters on outstanding rent
Cathay Cineplexes has received additional letters concerning outstanding rent, its parent company announced in bourse filings on Tuesday…
Business
mm2’s Cathay cinema ropes in restructuring specialist as more payment demands pile up
Cathay Cineplexes has received additional letters concerning outstanding rent, its parent company mm2 Asia announced in bourse filings on…
Business
Acquisitions: The Secret to Exponential Growth
Over the past few years, I’ve led Hawk Media through the acquisition of more than 20 companies—other agencies with amazing talent. This…
Business
Samudera Shipping H1 profit doubles to US$41.8 million
Samudera Shipping reported a 100.4 per cent increase in net profit to US$41.8 million for its first half ended Jun 30, from US$20.9…
Business
HPL says no certainties in ongoing discussions to redevelop Forum The Shopping Mall, voco Orchard Singapore
Hotel Properties Limited (HPL) has clarified that it is still in discussions with parties over the redevelopment of Forum The Shopping…