Culture
Stocks to watch: CDLHT, Cromwell E-Reit, CLI, Clas, IReit Global, Elite UK Reit
THE following companies saw new developments that may affect the trading of their securities on Friday (Dec 20):CDL Hospitality Trusts (CDLHT): The stapled group is venturing into the student...
China’s ‘old shop’ jeweller bucks slowdown with 437% stock rally
IF ANYTHING glitters in China’s otherwise dour retail jewellery landscape, chances are it just might be from Laopu Gold.The Bejing-based jeweller, whose Chinese name translates to “old shop”, is...
Losses from crypto hacks jump to US$2.2 billion in 2024: report
FUNDS stolen by hacking cryptocurrency platforms surged 21 per cent from a year ago to US$2.2 billion in 2024, a report from blockchain analysis firm Chainalysis showed on Thursday...
Europe: Stoxx 600 clocks worst day in more than a month after Fed’s hawkish signal
EUROPEAN stocks fell on Thursday (Dec 19), with the benchmark Stoxx recording its biggest single-day drop since early November as investors fled riskier assets after the US Federal Reserve...
US: Stocks end flat as rebound effort losses steam
WALL Street stocks finished little changed on Thursday (Dec 19) as Treasury bond yields climbed further in the wake of a Federal Reserve decision that prompted deep selling in...
US: Wall St jumps at open after selloff on Fed rate cut caution
WALL Street’s main indexes broadly rose at the open on Thursday (Dec 19), a day after the Federal Reserve’s projections of fewer-than-expected interest rate cuts and higher inflation next...
IReit Global inks lease agreement with second hospitality company in less than a month
EUROPE-focused real estate investment trust IReit Global has signed a 20-year agreement with hospitality operator Stayery, which will be leasing about 10,600 square metres (sq m) of gross floor...
Saudi Global Ports, co-owned by PSA, taps banks for up to US$1 billion IPO
STATE-backed Saudi Global Ports has picked banks including Goldman Sachs Group and HSBC Holdings to help arrange a planned Riyadh initial public offering, according to people familiar with the...
Saudi Global Ports, co-owned by PSA, taps banks for up to US$1 billion IPO: sources
STATE-backed Saudi Global Ports has picked banks including Goldman Sachs Group and HSBC Holdings to help arrange a planned Riyadh initial public offering (IPO), according to people familiar with...
Disappointment over Spotify’s flat year-end wrap is a warning that AI is not everything
Several listeners have taken to social media to complain about how unrelatable and underwhelming this year’s edition wasTHERE was much excitement over the annual release of users’ listening summaries...
