Fashion

CICT to buy rest of CapitaSpring for S$1 billion; plans S$500 million placement at S$2.105 a unit
[SINGAPORE] Capitaland Integrated Commercial Trust (CICT) on Tuesday (Aug 5) announced a proposed launch of over 237.5 million new units to raise gross proceeds of around S$500 million, with...
CICT to buy rest of CapitaSpring for S$1 billion; plans S$500 million placement between S$2.105 and S$2.142 a unit
[SINGAPORE] CapitaLand Integrated Commercial Trust (CICT) on Tuesday (Aug 5) announced a proposed launch of more than 237.5 million new units to raise gross proceeds of around S$500 million,...
What’s next for Ong Beng Seng’s HPL?
[SINGAPORE] While Hotel Properties Ltd (HPL) maintains a “business as usual” stance after founder Ong Beng Seng’s exit from management and his obstruction of justice trial, could privatisation be...
Stocks to watch: CICT, CapitaLand Ascendas Reit, Lendlease Global Commercial Reit, Frasers Hospitality Trust, Sunpower
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Aug 5):CapitaLand Integrated Commercial Trust: The trust posted a 3.5 per cent rise...
CFTC to allow listed spot crypto trading on registered exchanges
The digital assets industry has seen progress under US President Donald Trump’s administration, as bills such as the Genius Act and Clarity Act have provided more regulatory certaintyPublished Tue,...
Broadcom launches Jericho chip to advance AI data centre networks
Building and deploying AI has become more computationally intensive and requires stringing together thousands of graphics processorsPublished Tue, Aug 5, 2025 · 08:33 AM[SAN FRANCISCO] Broadcom’s silicon division launched...
CapitaLand Integrated Commercial Trust posts 3.5% rise in H1 DPU to S$0.0562
[SINGAPORE] CapitaLand Integrated Commercial Trust’s (CICT) distribution per unit (DPU) rose by 3.5 per cent to S$0.0562 for its first half ended Jun 30, 2025, on the back of...
Hong Kong’s new listing rules seen as helping hot market to stay hot
[HONG KONG] Hong Kong’s changes to its listing rules are likely to pave the way for one of the world’s hottest markets for initial public offerings (IPOs) to stay...
Figma sheds US$11 billion in market value days after blockbuster IPO
FieldCEO Dylan Field owns about 54.2 million the company shares worth about US$5 billion after selling 2.35 million shares in the IPOPublished Tue, Aug 5, 2025 · 07:43 AM[NEW...
Australia activates Blackrock’s A$1 billion super battery which will be world’s most powerful
The country leads globally in rooftop solar per capita, which floods the grid with cheap daytime power but also creates challenges for system stability Published Tue, Aug 5, 2025...
Intel’s credit rating downgraded by Fitch on demand challenges
Published Tue, Aug 5, 2025 · 07:04 AMFITCH downgrading US chipmaker Intel’s credit rating by one notch on Monday, according to a note by the ratings agency, which assigned...
Michael Saylor’s Strategy makes its third-largest bitcoin purchase ever
[NEW YORK] Michael Saylor’s Bitcoin juggernaut is at it again, buying near the highs with the kind of capital-markets firepower no other crypto firm can match.Strategy, formerly known as...