Fashion
Higher casino takings drive MBS’ revenue for Q4 2024
MARINA Bay Sands (MBS) posted a 7.2 per cent rise in net revenue to US$1.14 billion for the fourth quarter ended Dec 31, 2024, amid ongoing renovation and refurbishment...
CapitaLand Ascott Trust acquires two freehold hotels in Japan for 21b yen
CAPITALAND Ascott Trust (Clas) has acquired two freehold limited-service hotels in Japan – ibis Styles Tokyo Ginza and Chisun Budget Kanazawa Ekimae – for 21 billion yen (S$178.5 million). The...
Sats acquires remaining 15% stake in Sats Food Solutions (Thailand)
The unit will serve as a centre of excellence for large-scale fresh frozen production in the group’s food solutions networkCATERING and ground handling company Sats has acquired the remaining...
Sembcorp to enter the Philippines’ renewable energy market via acquisition
The proposed deal’s total consideration is about S$105 million and is expected to be completed in H2 2025SEMBCORP Industries announced in a bourse filing on Friday (Jan 31) that...
Markets price in fewer rate cuts as Fed holds on tariff uncertainty, persistent inflation
Industry watchers expect that lack of clarity over Trump’s policies will continue to weigh on US central bank’s movementsGLOBAL markets are pricing in fewer rate cuts for the year...
Gold hits record high as Trump tariff threats aid haven demand
GOLD rose to a record high as investors flocked to safety after US President Donald Trump reiterated threats to impose tariffs on Mexico and Canada.Bullion briefly topped US$2,800 an...
Samsung Electronics posts 129.85% jump in Q4 operating profit
SAMSUNG Electronics said on Friday its operating profits surged 129.85 per cent year-on-year in the fourth quarter of 2024, but fell from the previous quarter as it struggled to meet...
Stocks to watch: DBS, Keppel Reit, CapitaLand India Trust, Aims Apac Reit, Cordlife
THE following companies saw new developments that may affect trading of their securities on Tuesday (Jan 28): DBS: The bank announced on Monday that it acquired an additional stake in...
Aims Apac Reit’s 9M DPU rises 1.1% to S$0.0707
THE manager of Aims Apac Reit (AA Reit) on Tuesday (Jan 28) posted a 1.1 per cent increase in distribution per unit (DPU) to S$0.0707 for the nine months...
US: Wall St opens sharply lower as China’s AI push rattles Big Tech
Wall Street’s main indexes opened lower on Monday (Jan 27), as the surging popularity of a low-cost Chinese artificial intelligence model sparked a selloff in chipmaker Nvidia and other...
