Entrepreneurship

Hong Kong exchange profit jumps 56% on trading, IPO boom
The benchmark index has surged 29% driving stock and derivatives trading to records[HONG KONG] Hong Kong’s stock exchange reported another record quarter as trading and initial public offerings (IPOs)...
‘No misrepresentation of track record’ in Therme Group unit’s tender bid for wellness project: STB
An NYT report had accused Therme of exaggerating its track record to secure a deal in Ontario, Canada[SINGAPORE] There was “no misrepresentation of track record” in Therme Group Singapore’s...
17 exotic cars, US$500,000 private chef: First Brands’ Malaysian-born founder accused of looting US$700 million
Liquidators accuse Patrick James of raising funds with non-existent or doctored invoices [NEW YORK] At first, the sales invoice said US$179.84. Later, the bill said US$9,271.25 – 50 times...
Lendlease Reit acquires remaining 70% of PLQ Mall for S$246.8 million
Deal will be financed by proposed private placement of units priced at S$0.597 to S$0.616 each[SINGAPORE] The manager of Lendlease Global Commercial Real Estate Investment Trust (Reit) said on...
Lendlease Reit acquires 70% of PLQ Mall
Deal will be financed by proposed private placement of units priced at S$0.597 to S$0.616 each[SINGAPORE] The manager of Lendlease Global Commercial Real Estate Investment Trust (Lendlease Reit) said...
Yangzijiang Shipbuilding falls 2.9% after BlackRock sells 37.8 million shares
[SINGAPORE] Shares of Yangzijiang Shipbuilding fell as much as 5 per cent on Wednesday (Nov 5) after asset manager BlackRock ceased to be a substantial shareholder.BlackRock sold about 37.8...
Stocks to watch: SIA Engineering, Parkway Life Reit, Lendlease Reit, Aims Apac Reit, Manulife US Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 5): SIA Engineering : The company posted a 13.5 per cent improvement...
Aims Apac Reit’s H1 DPU rises 1.1% to S$0.0472
[SINGAPORE] Aims Apac Reit on Wednesday (Nov 5) posted a distribution per unit (DPU) of S$0.0472 for the first half of FY2026, up 1.1 per cent from S$0.0467 in...
Parkway Life Reit Q3 DPU up 2.3% at S$0.1156
[SINGAPORE] Parkway Life Reit has raised its third-quarter distribution per unit (DPU) by 2.3 per cent to S$0.1156 from S$0.113 in the previous corresponding period.Distributable income stood at S$75.4...
Yum Brands mulls Pizza Hut sale as Taco Bell drives third-quarter beat
YUM Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain struggling in a highly competitive fast-food industry, and posted upbeat quarterly results on the back of...
New lawsuit alleges Spotify allows streaming fraud
A NEW lawsuit alleges streaming giant Spotify turns a blind eye to vast networks of bots that inflate streaming figures to benefit megastars such as Drake at the expense...
Apple prepares to enter low-cost laptop market for first time
The company plans to sell the new machine for well under US$1,000 by using less-advanced components[LOS ANGELES] Apple is preparing to enter the low-cost laptop market for the first...