News

United Hampshire US Reit acquires freehold Pennsylvania shopping centre for US$16.4 million
[ad_1] [SINGAPORE] United Hampshire US Reit has acquired a freehold grocery-anchored shopping centre in Pennsylvania for a purchase consideration of S$16.4 million, the manager said on Saturday (Aug 2). The...
Stocks to watch: SIA, Nio, Genting Singapore, CDL, United Hampshire US Reit, GHY, Ossia
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Aug 4):Singapore Airlines (SIA): The flag carrier was downgraded to a “sell” by...
Thai Airways shares to resume trading after exit from restructuring
[ad_1] The move marks the flag carrier’s return to normal business operations after it had accumulated more than 400 billion baht of debt in the lead-up to the pandemicPublished Mon,...
The insidious risk in holding on to cash
[ad_1] [SINGAPORE] Cash is king – or is it? With interest rates still well above pre-2022’s zilch and pundits touting the Singapore dollar’s “safe haven features”, many are boosting cash...
Opec+ leaves traders with cliffhanger as stormy chapter ends
[ad_1] [NEW YORK] The Organization of the Petroleum Exporting Countries and its allies (Opec+) closed a two-year chapter in its oil strategy on Sunday (Aug 3) with the last in...
The AI race has big tech spending US$344 billion this year
[ad_1] [LONDON] If there’s any lesson to take from the spending plans issued by the world’s largest technology companies over the past two weeks, it’s to never underestimate the fear...
As Trump’s tariffs bite, investors should ensure the companies they own have strong fundamentals
[ad_1] [SINGAPORE] It seemed like Groundhog Day again when US President Donald Trump unveiled revised reciprocal tariffs on imports from dozens of countries last Thursday (Jul 31). The adjusted rates...
Buffett’s Berkshire hit with US$3.8 billion Kraft Heinz charge
[ad_1] WARREN Buffett’s Berkshire Hathaway took a US$3.8 billion impairment on its Kraft Heinz stake, the latest hit to a bet that’s weighed on the billionaire investor’s company in recent...
Mixed H1 2025 performance, but hospitality S-Reits push ahead with portfolio reconstitution and diversification
[ad_1] [SINGAPORE] Three out of five Singapore-listed hospitality trusts have reported half-yearly financial results for the first half of 2025 over the past week, with two more due to report...
South-East Asian firms test Hong Kong waters amid IPO surge
[ad_1] [SINGAPORE] South-east Asian companies have mostly sat out Hong Kong’s 2025 listing boom, but a cautious revival may be under way with four more initial public offerings (IPOs) from...
Starbucks plans kiosks to cut long lines at airport locations
[ad_1] [CHICAGO] Starbucks is working on adding ordering kiosks to busy locations in the US that cater to on-the-go customers. The Seattle-based coffee chain has been exploring how to shorten...
China state media asks Nvidia to prove H20 chips are secure
[ad_1] [HONG KONG] China state media is calling for Nvidia to prove that its H20 chip is secure, saying it cannot allow flawed chips into the country.China’s top Internet watchdog...