IREIT Global on Friday announced its proposed acquisition of the balance 60 per cent interest of a Spanish portfolio from asset management and investment group Tikehau Capital, at an agreed market...

BANK RESULTS

SINGAPORE banks charted a sharp dive in earnings as benchmark rates collapsed in the second quarter and the trio lifted provisions as a buffer against defaults when loan moratoriums unwind at year...

THE Singapore Business Federation (SBF) has urged employers to protect the Singaporean core, retain talent to grow business opportunities, and to use retrenchment only as a last resort to manage...

WHILE CapitaLand expects continued pressure on its business in H2 2020 amid the ongoing pandemic, it is cautiously optimistic that the worst is over and is on the lookout for counter-cyclical...

BLACKROCK, the world's largest asset manager with US$7.4 trillion in assets under management as of end-2019, will be focusing more on how companies pursue sustainable social practices, including...

BANK RESULTS

OCBC took a knife to its offshore support vessels exposure, providing in full against bad loans for what Citi Research calls a "legacy book", and crunching its exposure down to negligible levels...

PRIME US Reit's distribution per unit (DPU) stood at 3.52 US cents for its first half ended June 30, 2020, 5.1 per cent higher than its initial public offering (IPO) forecast of 3.35 cents.

THE dough has risen for QAF, the maker of Gardenia bread, as its net profit multiplied 13 times on-year to S$28.2 million for the six months ended June.

FUND managers Quarz Capital Management and Black Crane Capital said in an open letter on Friday that they intend to vote against the proposed merger of Sabana Shari'ah Compliant Industrial Real...

IREIT Global on Friday proposed to buy the remaining 60 per cent interest in a Spanish office portfolio from asset manager Tikehau Capital for 47.8 million euros (S$77.4 million). This...