Fashion
UOL unit, partner win tender for residential site in Shanghai
A UNIT of property developer UOL Group, together with an industry partner, has won a nine billion yuan (S$1.7 billion) tender for a residential site in the Hongkou district...
Alibaba revenue beats estimates as signs of a comeback mount
ALIBABA Group Holding posted its fastest pace of revenue growth in more than a year, reflecting a turnaround in its commerce business and big strides into the critical field...
Wilmar posts 39.4% fall in H2 net profit on absence of year-ago gain, weak sugar price
AGRIBUSINESS Wilmar International posted a 39.4 per cent fall in net profit to US$590.2 million for the six months ended December 2024.The decline was due to the absence of...
Singapore shares decline amid hawkish Fed minutes; STI loses 0.2%
SINGAPORE equities ended Thursday (Feb 20) lower, as markets reacted to the US Federal Reserve’s January meeting minutes. The local bourse’s blue-chip barometer, the Straits Times Index (STI), slid...
Singapore’s Abaxx Exchange plans gold futures as metal surges
SINGAPORE’S Abaxx Exchange plans to introduce gold futures in the coming months, with prices setting fresh records this year as traders grapple with disruptions in key bullion hubs and...
Analysts raise target prices, dividend estimates on UOB as they get positive on earnings outlook
Maybank forecasts return on equity to increase, thereby driving higher valuationsANALYSTS have raised their target prices for UOB after the lender on Wednesday (Feb 19) posted full-year net profit...
Manulife US Reit to sell Plaza office building for US$40 million as H2 distributable income falls 57.6%
THE manager of Manulife US Real Estate Investment Trust (Reit) reported on Thursday (Feb 20) that its distributable income fell 57.6 per cent to US$15.4 million from US$36.3 million...
‘Significant’ investor interest in South-east Asia’s wellness real estate sector amid global boom: CLI
INVESTOR interest in wellness real estate is steadily on the rise and South-east Asia offers significant opportunities within its health and wellness industries, said a report by CapitaLand Investment...
Singapore shares open lower on Thursday; STI down 0.4%
SINGAPORE stocks declined on Thursday (Feb 20) morning, tracking overnight losses in European markets.
As at 9.01 am, the Straits Times Index (STI) opened 0.4 per cent or 14.07...
Telstra’s profit jumps, announces A$750 million share buyback
TOP Australian telecom firm Telstra met consensus expectations for its first-half profit on the back of its mobile business and announced an A$750 million (S$639 million) share buyback, citing...
