Entrepreneurship
Manulife US Reit to divest Atlanta property for US$133.8 million to repay 2026 debts
[SINGAPORE] The manager of Manulife US real estate investment trust (Reit) announced on Sunday (May 11) that it has agreed to sell Peachtree, a 28-storey Class A office building...
CATL to raise at least US$4 billion from Hong Kong listing: sources
[HONG KONG] Chinese battery maker CATL is launching its Hong Kong public offering on Monday (May 12), aiming to raise at least US$4 billion at about a 5 per...
Lyon Investments ups offer price for Sinarmas Land and extends closing date
[SINGAPORE] Lyon Investments has raised the offer price for Sinarmas Land shares to S$0.375 a share from S$0.31 a share, in an announcement on Saturday (May 10).The closing date...
Industrial S-Reits report NPI growth, but managers are cautious on outlook
SINGAPORE real estate investment trusts (S-Reits) with exposure to the industrial sub-segment have mostly reported growth in net property income (NPI) in the quarter ended March. The resilient operating...
US projected to hit debt limit in August: Treasury chief
Published Sat, May 10, 2025 · 06:40 AM[WASHINGTON] There is a “reasonable probability” the United States will hit its borrowing limit in August when Congress is in recess, Treasury...
Skip College? These Entrepreneurs Did
Thinking about skipping college to chase your entrepreneurial dreams? You’re not alone. Many successful entrepreneurs without a degree have shown that it’s possible to thrive without traditional education. However,...
SIA Engineering H2 net profit up 87.3% at S$70.8 million
SIA Engineering (SIAEC) reported an 87.3 per cent jump in net profit to S$70.8 million for the six months ended March 2025 from S$37.8 million in the same period...
UMS Integration Q1 earnings nearly flat at S$9.8 million
[SINGAPORE] Semiconductor player UMS Integration on Friday (May 9) reported profit of S$9.8 million for the first quarter ended Mar 31, 2025, almost unchanged from the group’s profit in...
Commerzbank profit unexpectedly rises in boost to CEO Orlopp
[FRANKFURT] Commerzbank’s first-quarter profit unexpectedly rose to the highest in 14 years as commissions increased, and the German lender set aside less money than expected for souring loans.Net income...
Japan’s Panasonic targets 10,000 job cuts worldwide
The figure represents around 4% of the firm’s total workforce of nearly 230,000Published Fri, May 9, 2025 · 05:20 PM[TOKYO] Japanese electronics giant Panasonic said Friday (May 9) it...
