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UOB to sell asset management arm to Allianz Global Investors for S$555 million
The sale, which includes excess cash, is expected to generate a pre-tax gain of about S$330 million for UOB[SINGAPORE] UOB is selling its asset management arm to Allianz Global...
Can Seatrium build on its robust H1 earnings? UOBKH and DBS analysts have divided views
UOBKH downgraded Seatrium to “hold” from “buy” and lowered its target price to S$2.30[SINGAPORE] Seatrium reported a strong turnaround for its first half ended June 30, 2026, on the...
GIC seeks to sell US$1 billion private equity fund stakes: Bloomberg
Potential divestments are said to include funds from global private equity managers EQT, TPG Asia and KKRPublished Wed, Aug 5, 2026 · 11:34 AM[HONG KONG] Singapore’s GIC is looking...
Keppel Reit’s road to redemption
[SINGAPORE] Singapore-listed real estate investment trusts (S-Reits) have struggled in 2026, no thanks to the Iran war triggering concerns about higher global inflation and interest rates. For investors who...
Fed’s Schmid says tighter policy needed to reduce inflation
Published Wed, Aug 5, 2026 · 10:36 AMFEDERAL Reserve Bank of Kansas City President Jeff Schmid suggested higher interest rates are needed to achieve the Fed’s price stability goals, and...
Samsung reveals new 3D-memory roadmap in bid for AI tech lead
Published Wed, Aug 5, 2026 · 09:37 AMSAMSUNG Electronics offered a glimpse of its most advanced memory hardware, touting improved performance and power efficiency in a bid to overtake...
Stocks to watch: KIT, MLT, Centurion, CapitaLand China Trust, GuocoLand, Ho Bee Land, All-Link Air & Sea
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 5): Source link
JC&C’s Toyota payout – What is an in specie distribution and why take this uncommon route?
The distribution in specie of around 7.2 million common shares of Toyota is valued at about US$0.36 a share[SINGAPORE] Jardine Cycle & Carriage (JC&C) recently proposed a special dividend...
SpaceX quarterly revenue jumps in debut results as satellite, AI businesses surge
SPACEX said on Tuesday (Aug 4) that quarterly revenue nearly doubled and operating losses narrowed sharply in its first earnings report since going public, buoyed by strong growth in...
Mapletree Logistics Trust prices S$400 million perpetual securities at 3.5%
Net proceeds will go towards the group’s general corporate and working capital purposes[SINGAPORE] Mapletree Logistics Trust (MLT) has priced S$400 million in subordinated perpetual securities at 3.5 per cent...