News
Hao Mart sues PropNex unit, agent for more than S$3.5 million over Taste Orchard lease
Defendants say they’re agent for landlord OG, and owe no obligation to the claimant to act in its best interests[SINGAPORE] Supermarket chain Hao Mart has filed a lawsuit against...
PropNex unit, agent sued by Hao Mart over Orchard Road lease for over S$3.5 million
[SINGAPORE] Supermarket chain Hao Mart has filed a lawsuit against a wholly owned unit of mainboard-listed PropNex and one of its agent, alleging misrepresentation in the leasing of the...
RHB lifts FCT target price on improved H2 earnings, asset enhancements, lower interest rates
[SINGAPORE] RHB raised its target price for Frasers Centrepoint Trust (FCT) and maintained its “buy” rating, citing steady H2 earnings alongside tailwinds from asset enhancements and falling interest rates....
Abu Dhabi banks lay groundwork for potential risk transfer deals
The global SRT market is set to expand 11% annually on average in the next two years[LONDON] Two of Abu Dhabi’s biggest commercial banks are weighing a foray into...
Asia: Stocks rally as traders cheer Trump-Xi meeting plan
ASIAN markets rallied on Friday after the White House confirmed President Donald Trump would meet China’s Xi Jinping next week, stoking optimism for a cooling of trade tensions between...
Meituan plans debut dim sum bonds in up to 10 billion yuan sale
The company has faced an increasingly crowded field in China’s food delivery sector, where rivals have been slashing prices[HONG KONG] Chinese food delivery company Meituan is looking to raise...
White House warns government shutdown could lead to holiday travel meltdown
[WASHINGTON] The Trump administration and Republican leaders in Congress on Thursday (Oct 23) warned that flight disruptions will increase as a government shutdown enters its 23rd day and controllers...
Stocks to watch: ST Engineering, UOI, Suntec Reit, OUE Reit, mm2 Asia
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Oct 24): Source link
Anthropic to use Google’s AI chips worth tens of billions to train Claude chatbot
ANTHROPIC is expanding its deal with Google to use as many as one million of the tech giant’s artificial intelligence chips, worth tens of billions of dollars, as the startup races...
US weighs quantum computing boost in effort to counter China
The effort shows how far the administration is willing to take its mandate to combat the rise of geopolitical rivals such as the Asian nation [NEW YORK] The Trump...
