Companies & Markets

CapitaLand India Trust launches S$150 million private placement to fund two office building projects

The issue price will be between S$1.208 and S$1.237 per new unit – a discount of 2.6 to 4.9%

The US dollar rose, making greenback-priced bullion more expensive for other currency holders.

Gold falls from three-week high as dollar firms

[BENGALURU] Gold prices fell from a more than three-week high on Tuesday (Feb 24), as pressure from a stronger US dollar outweighed support from US tariff uncertainty and Washington-Tehran tensions.

Jamie Dimon says that he expects the credit cycle will eventually sour again, though he is not sure when.

Jamie Dimon sees parallel to pre-crisis era as rivals do ‘dumb things’

The CEO has been warning for months about the potential deterioration in credit quality

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As at 9.13 am, the counter fell as much as 4.6 per cent or S$1.8 to S$37.00, with over 1.7 million shares changing hands.
HOT STOCK

UOB leads Singapore blue chip losses on lower Q4 earnings, Wall Street’s tumble

The bank’s Q4 net profit falls 7% to S$1.41 billion amid margin pressures from lower benchmark rates

In January, JPMorgan reported a fourth-quarter profit that exceeded analysts’ estimates as its trading desk benefited from volatile markets.

JPMorgan forecasts jump in first-quarter deal fees, trading revenue

It is pushing ahead with plans to modernise its branches and invest in AI technology

Ewan Davis, partner and head of South-east Asia at Quadria Capital, says: "Healthcare really sits at the intersection of economic growth and well-being."

Privatisation of Malaysia’s Apex Healthcare a strategic fit for Quadria Capital

It is the largest such transaction in the sector in Malaysia’s history

The bank’s fourth-quarter net profit fell 7% to S$1.41 billion.

Stocks to watch: UOB, OCBC, Keppel, Great Eastern, CAReit, iFast, ValueMax, MoneyMax

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Feb 24):