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Manulife US Reit Q4 DPU up 7.7% to 1.53 US centsMANULIFE US Reit’s fourth quarter distribution per unit (DPU) rose almost 8 per cent, boosted by contributions from properties acquired in 2017 and 2018. Read more at The Business Times.
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HPH Trust posts Q4 net loss of HK$12.11b on recognition of impairment lossesTHE recognition of non-cash impairment losses of HK$12.29 billion (S$2.12 billion) in the fourth quarter heavily dampened results for Hutchison Port Holdings Trust (HPH Trust) for the three months ended Dec 31, 2018. Read more at The Business Times.
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Far East Hospitality Trust DPS up 3.1% for Q4FAR East Hospitality Trust saw distribution per stapled security (DPS) rise 3.1 per cent to one Singapore cent for the fourth quarter ended Dec 31, 2018, from 0.97 Singapore cent a year ago, the trust manager announced on Wednesday morning. This came on the back of a 4.9 per cent rise in income available for distribution to S$19.1 million, from S$18.2 million for the year-ago period. Read more at The Business Times.
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Perennial Q4 profit slides 42% to S$16m on higher finance costsHIGHER finance costs took a toll on Perennial Real Estate Holdings' fourth-quarter earnings, as net profit fell 42 per cent to S$16 million. Read more at The Business Times.
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Raise earnings of low-wage workers to fight high cost of living – SG economistsWhile the general prices of goods and services rise at a docile tempo, many Singaporeans are still feeling the squeeze due to prickly increases in three major areas – healthcare, food, and education.
Source: IndependentSG - 🏆 2. / 72 Read more »
S&P, Nasdaq edge higher as earnings offset trade fearsTechnology shares pulled Wall Street lower on Friday, as skepticism over the United States and China reaching a trade deal before a looming ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US: S&P, Nasdaq edge higher as earnings offset trade fears[NEW YORK] The benchmark S&P 500 index and the Nasdaq edged upward to snap a two-day losing streak on Friday as positive corporate results offset lingering skepticism over the United States and China reaching a trade deal before the March 1 deadline. Read more at The Business Times.
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Europe: Shares fall as EU growth falters, earnings weigh[LONDON] European shares fell sharply on Thursday ending a seven-session run of gains as a batch of worrying trading updates in a wide range of sectors combined with the European Union cutting its growth forecasts to weigh on markets. Read more at The Business Times.
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