News
Paragon Reit jumps 11.8% on privatisation offer
This is after the manager announces that it received a S$0.98-per-unit privatisation offer from Times Properties UNITS of Paragon Real Estate Investment Trust (Paragon Reit) jumped on Tuesday (Feb...
Citigroup targets social finance deals in Asia as demand grows
Citi led 76 transactions in Asia last year, raising US$2.4 billion, according to the bankCITIGROUP said it expects social finance funding in Asia to rise by more than 10...
Analysts raise target prices, dividend estimates on DBS, predicting higher valuation ahead
Among its high ROE businesses, a “standout” performer is its wealth management segment, says DBSANALYSTS raised their target prices for DBS after the lender posted full-year net profit that...
Bain Capital says it may withdraw tender offer proposal for Fuji Soft
Bain, which is supported by Fuji Soft’s founding family, has yet to launch a tender offerUS PRIVATE equity firm Bain Capital said it may withdraw its tender offer proposal...
Trump tariffs propel safe-haven gold to record highs
GOLD prices soared to a record high on Tuesday (Feb 11), as investors flocked to the safe-haven asset after US President Donald Trump imposed new 25 per cent tariffs...
Lendlease Global Commercial Reit appoints Guy Alexander Cawthra as CEO
LENDLEASE Global Commercial Real Estate Investment Trust (LReit) has appointed Guy Alexander Cawthra as its new chief executive, effective Apr 1. He replaces Kelvin Chow, who has resigned “to pursue...
Paragon Reit posts 10.4% lower H2 DPU of S$0.0233
THE manager of Paragon Real Estate Investment Trust (Paragon Reit) on Tuesday (Feb 11) posted a distribution per unit (DPU) of S$0.0233 for the second half ended December, down...
McDonald’s profits dented by food poisoning outbreak
MCDONALD’S reported a dip in profits on Monday as it contended with lingering effects from a US food poisoning outbreak that depressed sales in its home market.The fast-food giant,...
Morgan Stanley sets US$3 billion X loan to tap into Musk mania
MORGAN Stanley kicked off another large sale of X debt on Monday (Feb 10), seizing on investors’ sudden embrace of the social media platform owned by billionaire Elon Musk...
BYD puts driver-assistance features in most of its cars for free
BYD will enable advanced driver-assistance features in almost all future models at no additional cost to buyers as part of a bid to challenge Tesla and domestic rivals in...
Keppel’s new commercial property secures financial services company as anchor tenant
The Tanjong Pagar building features smart building management systems and renewable energy useASSET manager Keppel’s new commercial property has completed construction, and a financial services company has been secured...
