News
HPL shares pare earlier losses to decline slightly as Ong Beng Seng pleads guilty
[SINGAPORE] Shares of Hotel Properties Limited (HPL) tumbled in early trade on Monday (Aug 4) but pared losses as property magnate Ong Beng Seng pled guilty in a case...
United Hampshire US Reit acquires freehold Pennsylvania shopping centre for US$16.4 million
[SINGAPORE] United Hampshire US Reit has acquired a freehold grocery-anchored shopping centre in Pennsylvania for a purchase consideration of S$16.4 million, the manager said on Saturday (Aug 2). The...
United Hampshire US Reit acquires freehold Pennsylvania shopping center for US$16.4 million
The purchase marks the Reit’s third acquisition in Pennsylvania, the manager says[SINGAPORE] United Hampshire US Reit has acquired freehold shopping center property in Pennsylvania as part of its portfolio...
Stocks to watch: SIA, Nio, Genting Singapore, CDL, United Hampshire US Reit, GHY, Ossia
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Aug 4):Singapore Airlines (SIA): The flag carrier was downgraded to a “sell” by...
Thai Airways shares to resume trading after exit from restructuring
The move marks the flag carrier’s return to normal business operations after it had accumulated more than 400 billion baht of debt in the lead-up to the pandemicPublished Mon,...
The insidious risk in holding on to cash
[SINGAPORE] Cash is king – or is it? With interest rates still well above pre-2022’s zilch and pundits touting the Singapore dollar’s “safe haven features”, many are boosting cash...
Opec+ leaves traders with cliffhanger as stormy chapter ends
[NEW YORK] The Organization of the Petroleum Exporting Countries and its allies (Opec+) closed a two-year chapter in its oil strategy on Sunday (Aug 3) with the last in...
The AI race has big tech spending US$344 billion this year
[LONDON] If there’s any lesson to take from the spending plans issued by the world’s largest technology companies over the past two weeks, it’s to never underestimate the fear...
As Trump’s tariffs bite, investors should ensure the companies they own have strong fundamentals
[SINGAPORE] It seemed like Groundhog Day again when US President Donald Trump unveiled revised reciprocal tariffs on imports from dozens of countries last Thursday (Jul 31). The adjusted rates...
Buffett’s Berkshire hit with US$3.8 billion Kraft Heinz charge
WARREN Buffett’s Berkshire Hathaway took a US$3.8 billion impairment on its Kraft Heinz stake, the latest hit to a bet that’s weighed on the billionaire investor’s company in recent...
