News
Sabana Reit completes internal management transition, renamed as Alpha Integrated Reit
[SINGAPORE] Sabana Industrial Real Estate Investment Trust (Reit) has completed its long-anticipated internalisation of its manager. Alpha Integrated Reit Management has been appointed as the trust’s new manager, replacing...
Suntec Reit’s Q3 DPU rises to S$0.01778
The improvement comes amid stronger operational performance of its Singapore portfolio and lower financing costs[SINGAPORE] The manager of Suntec Real Estate Investment Trust (Reit) on Thursday (Oct 23) posted...
UOI 9-month comprehensive income rises 34.9% to S$40.6 million on investment gains
The improvement is mainly driven by marked-to-market gains on equity and fixed-income investments[SINGAPORE] United Overseas Insurance (UOI), the general insurance arm of UOB, reported a 34.9 per cent increase...
Contributor: The web is awash in AI slop. Real content is for subscribers only, and democracy suffers
Princess Diana stumbling through a parkour park. Team USA taking gold at the Bong Olympics. Tank Man breakdancing in Tiananmen Square. Kurt Cobain playing pogs. Tupac Shakur seeking poutine...
Musk hijacks Tesla earnings call to pitch US$1 trillion pay plan
[AUSTIN, Texas] Elon Musk, the world’s richest person, spent the end of Tesla’s earnings call pleading with investors to ratify his upcoming US$1 trillion pay package and blasting the...
Singapore aims to be ‘trusted enabler’ of quantum innovation: Josephine Teo
The minister notes that the Republic is moving from theory to application when it comes to quantum computing[SINGAPORE] Singapore aims to be a “trusted enabler of innovation” and a...
Nexperia’s China unit resumes chip sales to domestic distributors, requires renminbi-only payments: sources
The chipmaker is seeking chip packaging partners outside China as the dispute drags on[BEIJING/TAIPEI] Dutch chipmaker Nexperia’s Chinese unit has resumed supplying semiconductors to local distributors, according to two...
Nokia profit surges past estimates on network growth
[HELSINKI] Nokia’s adjusted profit for the third quarter beat estimates, thanks to growth in its network infrastructure and optical networks businesses.The Finnish company reported 435 million euros (S$655.2 million)...
Singapore 6-month T-bill cut-off yield slides to 1.41%
This is a drop from the 1.44% offered in the last 6-month auction that closed on Oct 9 [SINGAPORE] The latest cut-off yield on Singapore’s six-month Treasury bill (T-bill)...
Former Citi banker Wang Qiming gets longest sentence in S$3 billion money laundering scandal
[SINGAPORE] A former wealth banker at Citigroup got the longest sentence in Singapore’s biggest money laundering case for his role in aiding the movement of illicit funds and obstructing...
