US: Wall St opens lower on fresh tariff threats

US: Wall St opens lower on fresh tariff threats

Published Tue, May 6, 2025 · 09:48 PM [NEW YORK] Wall Street’s main indexes opened lower on Tuesday, after US President Donald Trump’s latest plans for pharma tariffs further dampened investor sentiment amid subdued corporate earnings. The Dow Jones Industrial Average fell 218.6 points, or 0.53 per cent, at the open to 41,000.19. The S&P…

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Sats names first chief digital officer to lead global digitalisation initiatives

Sats names first chief digital officer to lead global digitalisation initiatives

[SINGAPORE] Catering and ground handling company Sats on Tuesday (May 6) announced the appointment of Sandeep Sakharkar as chief digital officer, a newly created role. The appointment, which took effect on Mar 17, sees Sakharkar leading the development and execution of Sats’ digital strategy, focusing on integrating advanced data analytics, automation, artificial intelligence (AI) and…

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MPACT should sell Festival Walk or merge to get more Singapore-centric

MPACT should sell Festival Walk or merge to get more Singapore-centric

SINGAPORE’S largest mall, VivoCity, with over a million square feet of lettable area, is much loved by shoppers. However, the mall’s owner – Mapletree Pan Asia Commercial Trust (MPACT) – receives little affection from investors. In terms of trading price relative to book value, MPACT is performing the worst among the seven real estate investment…

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