Posts by Swedan Margen
Stocks to watch: Hotel Properties Ltd, Hongkong Land, Keppel Reit, CLCT, Starhill Global Reit, FEHT
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 30): Hotel Properties Limited (HPL): The property group said on Tuesday it is still in discussions with parties over the redevelopment of Forum The Shopping Mall and voco Orchard Singapore. It added that there is no certainty that…
Read MoreGoldman taps art advisory in Asia as wealthy plan for heirs
[HONG KONG] Goldman Sachs is building up its art advisory services in Asia, as wealthy families catch up with those in the US and Europe on collections. The investment bank offers affluent clients tailored advice on everything from art collecting and succession planning for such assets to leveraging them as collateral for loans, said Monica…
Read MoreGoldman pitches wealthy Asian heirs on leveraging family art
[HONG KONG] Goldman Sachs Group is building up its art advisory services in Asia, as wealthy families catch up with those in the US and Europe on collections. The investment bank offers affluent clients tailored advice on everything from art collecting and succession planning for such assets to leveraging them as collateral for loans,…
Read MoreStarbucks CEO details brand reset plan as turnaround efforts drive sales beat
STARBUCKS reported better-than-expected revenue rise for the third quarter, as demand in China improved while investments in labor and store operations, and changes to the menu helped it offset slowing consumer spending in its domestic market. The Seattle-based company’s shares rose 3.8 per cent to US$96.50 in extended trading on Tuesday. After several quarters of…
Read MoreFar East Hospitality Trust H1 DPS falls 9.2% to S$0.0178
Distribution to stapled security holders drops 8.7% to S$36 million from S$39.5 million [SINGAPORE] Far East Hospitality Trust (FEHT) posted a 9.2 per cent fall in distribution per stapled security (DPS) to S$0.0178 for its first half ended June, from S$0.0196 in the previous corresponding period. Distribution to stapled security holders dropped 8.7 per cent…
Read MoreFar East Hospitality Trust H1 DPS falls 9.2% to S$0.0178 on lower contributions from Singapore hotels, serviced residences
[SINGAPORE] Far East Hospitality Trust (FEHT) on Wednesday (Jul 30) posted a 9.2 per cent fall in distribution per stapled security (DPS) to S$0.0178 for its first half ended June, from S$0.0196 in the previous corresponding period. Distribution to stapled security holders dropped 8.7 per cent to S$36 million from S$39.5 million in the year-ago…
Read MoreFirst direct flight from Pyongyang lands in Moscow
Published Wed, Jul 30, 2025 · 07:56 AM [MOSCOW] A passenger plane from Pyongyang landed at Moscow’s Sheremetyevo Airport on Tuesday, the first direct flight from the North Korean capital to Moscow in decades as the two countries deepened ties. The Boeing 777 aircraft, operated by Russia’s Nordwind Airlines, had already flown from Moscow to…
Read MoreFed to avoid clear signal on rate-cut timing
US President Donald Trump has not ceased his calls for rate cuts Source link
Read MoreBank of Japan to hold rate steady with likely upgrade to price view
[TOKYO]The Bank of Japan (BOJ) is expected to keep its benchmark interest rate steady and boost its inflation outlook on Thursday (Jul 31), as investors look for hints of another rate hike this year after a US-Japan trade deal reduced some uncertainty. All 56 economists forecast Governor Kazuo Ueda’s board will leave the central bank’s…
Read MoreYouTube plans to use AI to detect if US viewers are under 18
[PHILADELPHIA] Alphabet’s YouTube will soon begin using artificial intelligence (AI) to determine whether viewers in the US are under the age of 18, following increased pressure on the biggest tech companies to strengthen online safety for children. In a blog post on Tuesday (Jul 29), the company said that it will leverage AI to “interpret…
Read MoreP&G estimates US$1 billion tariff hit, plans some US price hikes
[NEW YORK] Procter & Gamble executives projected a US$1 billion hit from US tariffs over the next year on Tuesday as the consumer products giant said it would institute limited price hikes in the United States. The maker of Tide laundry detergent and Pampers diapers reported an uptick in quarterly profits following slightly higher sales, even…
Read MoreSouth-east Asia’s IPO rebound offers beleaguered private equity market a sliver of hope
[SINGAPORE] Private equity (PE) players have seen the lack of exit opportunities in the first half of 2025 contribute to a decline in private dealmaking. A revival in initial public offerings (IPOs) across South-east Asia – seen as a key avenue for exiting a PE investment – may spark some optimism, but would it be…
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