News
OUE Reit gets S$100 million unsecured loan facility
Proceeds will be used for capital expenditure, working capital and general funding purposes [SINGAPORE] OUE Real Estate Investment Trust (OUE Reit) has entered into a S$100 million unsecured loan...
OUE Reit secures S$100 million unsecured loan facility
Proceeds will be used for capital expenditure, working capital and general funding purposes [SINGAPORE] OUE Real Estate Investment Trust (OUE Reit) has entered into a S$100 million unsecured loan...
ST Engineering’s US subsidiary named in lawsuit over UPS plane crash
The lawsuit alleges negligence in maintenance checks by ST Engineering subsidiary VT San Antonio Aerospace[SINGAPORE] ST Engineering’s United States subsidiary, VT San Antonio Aerospace (VT SAA), was one of...
Foxconn to invest US$510 million in Kaohsiung headquarters in Taiwan
[TAIPEI] Foxconn, the world’s largest contract electronics maker, said on Friday (Dec 12) it will invest US$509.94 million to build its Kaohsiung headquarters in southern Taiwan.That would include a...
Malaysian ringgit hits highest in four years on growth optimism
It rose 0.3% versus the greenback to 4.0955 on Friday, the highest since May 2021[KUALA LUMPUR] The Malaysian ringgit reached the strongest level against the dollar in more than...
Gold clings to 7-week high as investors gauge Fed trajectory; silver near record peak
GOLD prices held near a seven-week high on Friday, supported by expectations of more interest rate cuts next year after the US Federal Reserve pushed back against hawkish market...
Seatrium back on track with estimated S$2 billion TenneT order: analysts
[SINGAPORE] Analysts were positive on Seatrium ’s latest contract win, stating that the marine engineering company was back on track in terms of its order book.A consortium comprising Seatrium...
SoftBank eyes data centre group switch as Son hunts for AI
SOFTBANK Group is studying potential acquisitions including data centre operator Switch Inc., as billionaire founder Masayoshi Son ramps up the search for deals that can help it ride the...
Hongkong Land shares close 3.5% down following news of S$8 billion real estate fund
[SINGAPORE] Shares of Hongkong Land soared as much as 5.5 per cent after the company announced plans to inject its interests in One Raffles Quay, Marina Bay Financial Centre...
Hongkong Land shares jump 5.5% on news of S$8 billion real estate fund
[SINGAPORE] Shares of Hong Kong Land soared as much as 5.5 per cent after the company announced plans to inject its interests in One Raffles Quay, MBFC Towers 1...
