Posts by Nathan Pine
MPACT’s Q2 DPU up 1.5% to S$0.0201 on higher contributions from Singapore properties
For the half-year ended Sep 30, distribution per unit is 1.2% lower at 4.02 cents [SINGAPORE] Mapletree Pan Asia Commercial Trust (MPACT) posted a 1.5 per cent rise in distribution per unit (DPU) to 2.01 Singapore cents for its second quarter ended Sep 30, from 1.98 cents for the same period a year earlier. The…
Read MoreMPACT’s Q2 DPU rises to S$0.0201 on higher contributions from Singapore properties
[SINGAPORE] Mapletree Pan Asia Commercial Trust (MPACT) posted a rise in distribution per unit (DPU) to 2.01 Singapore cents for its second quarter ended Sep 30, from 1.98 cents for the same period a year earlier. The increase was mainly driven by higher contributions from Singapore properties, the trust’s manager said on Wednesday (Oct 22).…
Read MoreChipmaker Yangtze Memory weighs over US$40 billion China IPO next year: sources
[HONG KONG] Yangtze Memory Technologies is considering an initial public offering in mainland China at a valuation that could exceed US$40 billion, according to people familiar with the matter, in what could be one of the biggest listings there in years. YMTC, as the chipmaker is known, may seek a valuation of 200 billion yuan…
Read MoreGuernsey To Launch Institute of Screen Arts
EXCLUSIVE: The island of Guernsey will launch the Institute of Screen Arts Guernsey (ISAG), a newly established charity and industry body focused on expanding the island’s screen sector, in 2026. The institute will be led by Guernsey-based professionals: Actor Cameron Ashplant (Marooned Awakening, The Last Bus), Director Brandon Ashplant (Whispers of Freedom, Bet Your Bottom…
Read MoreSingapore counters close higher; STI rises 0.3%
Across the broader market, advancers beat decliners 311 to 262 after 1.4 billion securities worth S$1.6 billion change hands [SINGAPORE] Counters on the Singapore stock exchange broadly closed higher on Wednesday (Oct 22), as investors shrugged off a mixed showing on Wall Street overnight and lingering ambiguity over a meeting between US President Donald Trump…
Read MoreTrustNordisk Boards Murder Mystery ‘Vampyr’ Ahead Of AFM
TrustNordisk has picked up international sales rights on the Norwegian film Vampyr, based on Steffen Kverneland’s book of the same name, directed by Arild Fröhlich (Fatso), ahead of the AFM. The film was produced by Norwegian production company Maipo Film. The film began principal photography today, October 22, and will be presented to buyers at…
Read MoreMichael Kors Best Deals: Score Designer Handbags for $59 + an Extra 15% off Mini Purses
Think getting a designer bag for under $100 is impossible? Michael Kors just proved you wrong. The Michael Kors Outlet is dropping fall deals that’ll make your heart (and your closet) skip a beat. You’re looking at major discounts on everything from travel totes to everyday crossbody bags and party-ready shoulder bags—basically, your fall bag…
Read MoreIs gold losing its shine? What bullion’s plunge could signal, according to analysts
The precious metal was up 60% this year till recently, outstripping Bitcoin and the Magnificent Seven stocks [SINGAPORE] Questions on whether gold’s bull run is gone for good surfaced after its overnight plunge, wich saw steep sell-offs hitting markets and halting the rally that spurred the yellow metal’s meteoric rise this year. On the Singapore…
Read MoreIndian Filmmaker Amar Kanwar Set For Major Retrospective At London’s Serpentine Gallery
Indian filmmaker and artist Amar Kanwar will be the subject of a major retrospective at the Serpentine Gallery in London. The exhibition will run from September 2026 to January 2027 at Serpentine North. To coincide with the exhibition, Serpentine will publish a catalog of Kanwar’s previously unpublished writing. The catalog will also feature an extensive…
Read MoreApple’s iPhone Air receives muted reception in China debut
[BEIJING] Apple’s iPhone Air went on sale in China on Wednesday (Oct 22), eliciting a subdued consumer response in the world’s biggest smartphone arena. The launch in mainland China comes a month after Apple’s latest iPhone lineup rolled out internationally, drawing lengthy lines at many stores. Chinese consumers had to wait longer for the US$1,120…
Read MoreIndonesia’s central bank surprises with decision to hold rates steady
[JAKARTA] Indonesia’s central bank unexpectedly held its key interest rate steady on Wednesday (Oct 22), surprising markets with a pause in its easing cycle after cutting rates at its past three meetings. Bank Indonesia (BI) kept the benchmark seven-day reverse repurchase rate at 4.75 per cent. Of 28 economists polled by Reuters, 21 had expected…
Read MoreOracle to tap deepening AI adoption in South-east Asia
The key would be in educating customers and prospects alike on the lowered barriers of entry to AI [LAS VEGAS] The race for companies in South-east Asia to adopt artificial intelligence (AI) will drive Oracle’s business in the region. “A lot of Asian customers we are working with have started realising that this race is…
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