ASX outage halted company reports for hours in latest snafu

ASX outage halted company reports for hours in latest snafu

[ad_1] The delays also come after a 10-hour shutdown on the Chicago Mercantile Exchange on Friday roiled world markets [SYDNEY] A technical outage at ASX has halted company announcements on Australia’s main stock market for several hours on Monday (Dec 1), the latest in a string of mishaps that have heightened regulatory scrutiny of the…

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Stocks to watch: Centurion, Manulife US Reit, Seatrium, Wilmar, LHN, Marco Polo Marine

Stocks to watch: Centurion, Manulife US Reit, Seatrium, Wilmar, LHN, Marco Polo Marine

[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 1): Centurion : The company has expanded its Australian footprint into Perth, acquiring a 25 per cent equity interest in a 472-bed purpose-built student accommodation development for A$6 million (S$5.1 million), it announced on Monday. Centurion shares…

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Centurion takes 25% stake in Perth student accommodation project for A$6m

Centurion takes 25% stake in Perth student accommodation project for Am

[ad_1] The site has obtained development approval for a 472-bed facility across 440 units [SINGAPORE] Centurion Corporation has expanded its Australian footprint into Perth, Western Australia, acquiring a 25 per cent equity interest in a 472-bed purpose-built student accommodation (PBSA) development for A$6 million (S$5.1 million). The accommodation asset manager announced on Monday (Dec 1)…

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China earnings miss casts doubt on Xi’s bid to end deflation

China earnings miss casts doubt on Xi’s bid to end deflation

[ad_1] [BEIJING] Beijing’s campaign to rein in price wars and blunt deflation has done little to lift third-quarter earnings, leaving investors short on catalysts as Chinese stocks extend their losses into a second month. Members of the MSCI China Index recorded a 1.1 per cent negative earnings surprise for the July to September quarter, continuing…

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UltraGreen.ai right to move fast on Singapore listing instead of waiting for SGX-Nasdaq bridge

UltraGreen.ai right to move fast on Singapore listing instead of waiting for SGX-Nasdaq bridge

[ad_1] To drive its post-listing performance, the company should educate investors, lay out operational milestones and emphasise its competitive advantage [SINGAPORE] As my newsroom colleagues pored over UltraGreen.ai’s listing prospectus last week, one of them wondered out loud why the company is choosing to list so late in the year, and not waiting for the…

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Airbus enters last month of the year facing a cosmic distraction

Airbus enters last month of the year facing a cosmic distraction

[ad_1] The company has long grappled with parts shortages, from engines to kitchen units to toilets, that have held back output [BERLIN] As Airbus enters the last month of the year, trying to meet an ambitious aircraft delivery target, the European planemaker finds itself confronted with a fresh challenge that’s come out of the blue.…

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Fed contender Hasset says market is ready for Trump chair pick

Fed contender Hasset says market is ready for Trump chair pick

[ad_1] [WASHINGTON] White House National Economic Council Director Kevin Hassett touted a positive market response to indications that US President Donald Trump could pick the next Federal Reserve chair before the end of the year, a job that the president’s chief economic adviser is seen as likely to win. Hassett, speaking on CBS’ Face the…

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