Posts by Nathan Pine
Can Manulife US Reit recover? Unitholders seek answers ahead of EGM
The real estate investment trust’s manager answers pointed questions from unitholders [SINGAPORE] Long-suffering unitholders have grilled Manulife US Reit’s manager on its recovery plan – including the interest the sponsor is charging the real estate investment trust (Reit) and why its asset pivot does not include markets beyond the US. MUST on Thursday (Dec 11)…
Read MoreBreaking Baz: Legendary UK Agent Anthony Jones, Rep To Richard Curtis, Alan Bennett, Mike Leigh & More, Celebrated At Glitzy Retirement Party As “The Foremost Agent Of His Generation”
EXCLUSIVE: It was a swell way to spend an evening. The champagne (and elderflower cocktails) flowed as did witty banter. At the center of it all was the imposing figure of Anthony Jones, “Agent Jones” as director Richard Eyre impishly called him, who has been like a human shield – all six foot four, probably more,…
Read MoreSingapore stocks inch up after Fed rate cut; STI rises 0.2%
Across the broader market, gainers edge out losers 256 to 244 after 1.1 billion securities worth S$1.3 billion change hands [SINGAPORE] Singapore stocks ended higher on Thursday (Dec 11) after the US Federal Reserve cut interest rates by 25 basis points. The benchmark Straits Times Index (STI) gained 0.2 per cent or 8.93 points to…
Read MoreSingtel hit with S$1 million fine for 2024 voice disruption
The incident on Oct 8 last year affected more than 500,000 users for more than four hours [SINGAPORE] The Infocomm and Media Development Authority (IMDA) imposed a S$1 million fine on Singtel for a 2024 voice disruption, it said on Thursday (Dec 11). The October incident last year affected about 500,000 of Singtel’s residential and…
Read MoreRowan Atkinson “Dislikes” Mr Bean, Calling His Character A “Selfish, Self-Serving” Anarchist
Rowan Atkinson is not particularly flattering about one of his most famous comic creations. The British actor has described Mr Bean as a “selfish, self-serving, anarchic child,” despite the character resonating with audiences around the world. “I dislike Mr Bean as a person, I certainly would never like to have dinner with him,” he said…
Read MoreBrookfield plans Singapore hires to tap Asia energy demand boom
The firm aims to bring in up to four people to focus on renewable-energy and low-carbon tech deals [SINGAPORE] Brookfield Asset Management plans to expand a team focused on deals in renewable energy and low-carbon technologies in South-east Asia, in order to seize on the region’s booming power demand. The firm, which manages more than…
Read MoreIndia’s equity mutual fund inflows rebound in November on strong earnings, low inflation
[MUMBAI] Equity mutual fund inflows into the Indian stock market rebounded after three months in November, as improved corporate earnings, stable economic growth and benign inflation powered blue-chips to record highs after 14 months. Inflows rose 21 per cent month-on-month to 299.11 billion rupees (S$4.28 billion) in November, data from the Association of Mutual Funds…
Read MoreCLI closes second onshore sub-fund; targets 1.48 billion yuan in funds under management
It is under the CLI RMB Master Fund with CapitaMall Xinduxin, as the seed asset [SINGAPORE] Global real asset manager CapitaLand Investment (CLI) said on Thursday (Dec 11) that it closed its second onshore sub-fund, China Retail RMB Fund I (CRF I), thereby bringing its total fund size to one billion yuan (S$183 million). This sub-fund is…
Read MoreDavid Zaslav’s Next Act Looks Murky As Netflix & Paramount Face Off Over Warner Bros Acquisition
Just a few weeks ago, David Zaslav was offered a co-CEO gig by David Ellison in a Paramount-owned Warner Bros Discovery. Then Netflix swooped in and sealed an $83B deal for WB’s streaming and studio holdings before Ellison came roaring back with a $108 billion hostile tender offer for all of WBD, possibly triggering a…
Read MoreJennifer Lawrence & Josh Hutcherson Coming Back For ‘Hunger Games: Sunrise On The Reaping’
We’ve confirmed that Hunger Games canon stars Jennifer Lawrence and Josh Hutcherson are returning for Lionsgate’s next prequel The Hunger Games: Sunrise on the Reaping. While the prequel is set in the world of Panem 24 years before the events of The Hunger Games, there’s a scene in the new Suzanne Collins book where a grown…
Read MoreBitcoin dips below US$90,000 as AI worries dent risk appetite
Fresh concerns about artificial intelligence profits weighed on technology stocks [SINGAPORE] Cryptocurrencies tumbled on Thursday (Dec 11) and bitcoin fell briefly below the US$90,000 threshold in a renewed signal of market jitters as fresh concerns about artificial intelligence profits weighed on technology stocks. Risk sentiment turned sour after US cloud firm Oracle’s profit and revenue…
Read MoreElla Purnell Teases “Bonkers” Season 2 Of ‘Sweetpea’ After Wrapping: “It’s Big”
Ella Purnell is coming down from a killer second outing as Rhiannon Lewis as Season 2 of Sweetpea prepares to take over Sky Atlantic and Starz. While discussing the return of Prime Video‘s Fallout, premiering Dec. 17 on the streamer, the actress revealed to Deadline that she wrapped last month on the sophomore season of…
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