News
Riverstone Holdings' net profit falls by 29.6 YoY in H1
Riverstone Holdings' net profit falls by 29.6 YoY in H1
Despite this, group revenue increased 0.1% YoY to $150m.
Daiwa House Logistics Trust’s NPI up 6.1% YoY in H1
NPI rose to $22.5m during the period.
IREIT Global sees 26% drop in DPU in H1
The decline is attributed to the full vacancy of the Berlin campus.
Rex International widens net loss in H1
It was mainly due to the depletion of oil and gas properties.
Singapore flight bookings up 17% for SG60 National Day break
The increase is being attributed to travelers taking advantage of the extended holiday.
UOB Kay Hian Alpha Picks gain 17.7% in July, beating STI
The Alpha Picks beat the STI by 12.4 percentage points on an equal-weighted basis.
Daily Markets Briefing: STI up 0.72%; Top stock is YZJ Shipbuilding SGD
YZJ Shipbuilding SGD is the top stock with a 7.99% increase.
DBS’ net profit flat in H1 despite higher tax expenses
Markets trading income rose to its strongest performance in four years.
IMAS and UK’s IA join Project Guardian for asset tokenisation initiatives
They are the first asset management-specific bodies to join Project Guardian.
UOB’s net profit down 3% to S$2.83b in H1 2025
Interim dividend is 85 cents per ordinary share.
High Court rules Park Hotel director breached fiduciary duty
Ruling said he transferred assets for his gain, manipulated books to hide subterfuge.
Singapore amongst top Asian cities for remote work
It offers full 5G coverage and efficient public transport.
Air India to take aircraft maintenance in-house with help from Singapore Airlines
The move follows a fatal crash in June.
CapitaLand Ascendas REIT completes acquisition of 5 Science Park Drive
Part of $500 million private placement deployed.
Posh Electric to conduct sodium-ion battery trial
POSH will deploy a 1-megawatt-hour sodium-ion BESS to manage solar intermittency.
Straits Trading forecasts H1 net loss
This comes as the value of its UK investment properties dropped.
Yangzijiang Shipbuilding’s net profit up 37% in H1
The company has delivered 23 vessels during the period.
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