The US markets have rebounded from their end-Jan volatility and the S&P500 is at a new high. Ironically, the US markets rose when the likes of GameStop, AMC Entertainment Holdings, a cinema operator, and Express, a physical fashion retailer, dived. The Straits Times Index has not followed New Yo...

New leases within the high-tech segment of Mapletree Industrial Trust (MINT)’s Singapore portfolio have contributed to an uptick in the REIT’s performance, says CGS-CIMB Research analysts. Lock Mun Yee and Eing Kar Mei are maintaining their “hold” call on the REIT, with an unchanged target p...

As at 9.41am, units in Mapletree Industrial Trust (MIT) were down 1.0% to $2.84 from its last closed price of $2.87 on Jan 29 after the REIT reported its results for the 3QFY2020/2021 ended December. The manager of MIT, on Jan 29, posted distribution per unit (DPU) of 3.28 cents for the 3QFY2020/202...

THE consolidation of revenue from 14 data centres in the United States boosted Mapletree Industrial Trust's (MIT) third-quarter results.

As Singapore is expected to enter Phase 3 of the reopening of its economy on Dec 28, OCBC Investment Research has recommended investors to focus on selected local real estate investment trusts (REITs). OCBC says certain REITs – in what the brokerage terms as the “Recovery S-REITs basket” – w...

MAPLETREE Industrial Trust (MIT) has obtained a S$300 million sustainability-linked facility from OCBC, marking its first foray into sustainable financing, its manager announced on Thursday evening.

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November saw a 382.11 point or 15.8% month-on-month increase in the FSSTI to 2,805.95 points, following optimism on Joe Biden becoming the next US President and news on two potentially viable Covid-19 vaccines, observes CGS-CIMB Securities analysts Lim Siew Khee and Jeremy Ng. Meanwhile, Singapore�...

Technology stocks, the lack of which has made Singapore one of Asia’s worst markets this year, are slowly starting to win more clout in the city-state. The Southeast Asian market has had three distinct developments to show for it, all within a span of a month or so. Put together, companies tied to...

As Singapore’s economy show signs of a strong turnaround in 3Q2020, economists from CGS-CIMB Research and DBS Group Research say the republic is on track to recovery and to meet its full-year GDP forecasts. The buoyant outlook comes as Singapore’s Ministry of Trade and Industry (MTI) revealed on...