CapitaLand profit hit by absence of fair-value gain

PROPERTY giant CapitaLand yesterday posted a 59.3 per cent year-on-year drop in first-quarter net profit to $247.5 million, from $608.1 million in Q1...

At a glance

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A-iTrust distributable hits $45.8m

ASCENDAS India Trust (A-iTrust) yesterday reported net property income of $60.5 million for the 12 months ended March 31, 2008 - up 51 per cent from...

Dealers shun risks on sluggish day

WILL the US Federal Reserve cut its short- term funds rate by the expected 25 basis points at its Wednesday Federal Open Market Committee meeting? ...

Cosco to be more careful in announcing new deals

STUNG by previous sharp reactions to adverse news about contracts, Cosco Corp (Singapore) has instituted a new policy of not announcing newbuilding...

BG Group makes A$12.9b bid for Origin Energy

UK's BG Group - which was appointed Singapore's liquefied natural gas (LNG) buyer just a fortnight ago - is now bidding to buy Australia's Origin...

Market cap rises 3.7% to $718.3b in April

THE Singapore stock market rebounded slightly in April, with overall capitalisation rising 3.73 per cent or $25.84 billion to $718.3...