News
Mapletree Industrial Trust banks on diversification for sustainable returns – The Business Times
It is not heading towards becoming a 100% data centre Reit; resilient Singapore industrial portfolio will continue to be a key area, says Lily Ler, CEO of the manager...
Commodity traders still rake in billions as profit bonanza wanes
The world’s largest commodity traders are still making historically elevated profits, even as less-volatile markets mean their earnings have retreated from the bonanza that followed Russia’s full invasion of...
Chinese EVs’ market share across Europe drops to two-year low
[BEIJING] Chinese automakers missed out on a European rebound in electric vehicle (EV) demand last month, as more-established manufacturers such as Volkswagen captured the biggest part of a jump...
UBS has no intention of leaving Switzerland, says compliance chief
[ZURICH] UBS has no plans to leave Switzerland, the bank’s compliance and governance chief Markus Ronner said on Friday (Mar 28) amid a debate on how to regulate the...
Singapore’s mobile data price war: ‘You lose out if you don’t switch’
[SINGAPORE] Remember when mobile data was rationed by the gigabyte?Those days are long gone in Singapore, where a fierce price war has changed the price of each gigabyte (GB)...
Europe: Shares hit a weekly decline as tariff worries persist
[Bengaluru] European shares slid on Friday (Mar 28) as fresh US data amplified worries about higher inflation, ending a week where new tariff announcements from US President Donald Trump...
New DBS CEO Tan Su Shan aims for 15% to 17% return on equity
[SINGAPORE] DBS should be able to hit its return on equity (ROE) target of 15 to 17 per cent through its growth strategy in the years ahead, said the...
Contributor: It’s no metaphor — undersea cables hold together our precarious modern life
In the early days of the pandemic, I began pondering the idea of healing. I stumbled upon a story about a cable repair vessel, the Leon Thevenin, which had...
Asia: Markets mixed as autos suffer more tariff-fuelled losses
[HONG KONG] Asian markets were mixed on Friday as traders brace for next week’s expected wave of US tariffs, while auto firms extended their painful losses following President Donald...
Sinarmas Land soars 23.6% on privatisation offer
The offer is a 12.7% premium over the company’s last traded price of S$0.275 on Mar 24[SINGAPORE] Shares of Sinarmas Land surged on Friday (Mar 28) morning after it...
