News
Far East Hospitality Trust posts 4.1% fall in H2 DPS to S$0.0208
THE manager of Far East Hospitality Trust (FEHT) on Wednesday (Feb 12) posted a distribution per stapled security (DPS) of S$0.0208 for the second half ended December, down 4.1...
Global car tariff pain spreads from Asia to the US
AUTO stocks around the world slumped on Monday (Feb 10) after US President Donald Trump’s new tariffs threatened to cut into sales from factories in Mexico and Canada.Shares in...
Lyft posts muted first-quarter bookings and profit outlook
LYFT issued a disappointing first-quarter gross bookings outlook, following a similarly muted forecast from rival Uber Technologies citing the impact from the extreme winter weather and LA wildfires.Gross bookings...
Future-proofing your business in 2025
AMID continued geopolitical tensions, macroeconomic uncertainty and market volatility, businesses are looking to future-proof themselves to stay competitive in a rapidly changing landscape.Against this backdrop, many companies are looking...
First Reit’s H2 DPU falls 6.5% to S$0.0116
HEALTHCARE real estate investment trust (Reit) First Reit posted a distribution per unit (DPU) of S$0.0116 for the second half of its 2024 fiscal year – a 6.5 per...
NSL reverses losses with a net profit of S$18.9 million in latest 6-month results
INDUSTRIAL group NSL posted a net profit of S$18.9 million for the six-month period ended Dec 31, 2024, a reversal from its net loss of S$25.8 million in the...
Wing Tai H1 net profit declines 51% to S$10.1 million
PROPERTY and retail company Wing Tai Holdings’ net profit continued its decline in the first half of its 2025 fiscal year due to lower contributions from its property assets,...
SGX securities turnover value up 1% in January; volume down 31%
THE total securities market turnover value on the Singapore Exchange (SGX) increased 1 per cent year on year (yoy) to S$20.8 billion in January, with the Straits Times Index...
Partners Group’s 2024 private equity secondary market investments surge 113% on year
ONE of the world’s biggest private equity (PE) companies, Swiss-based Partners Group, pumped in US$3.2 billion (S$4.3 billion) into PE secondary investments on behalf of its clients last year,...
Investors cautious ahead of Powell’s address, US inflation data; STI down 0.4%
SINGAPORE shares retreated from previous day’s rally to close lower on Tuesday (Feb 11), as investors stayed cautious ahead of market-moving messages from Federal Reserve chair Jerome Powell’s testimony...
