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  • Michael Kors to buy luxury shoemaker Jimmy Choo for US$1.2 billion

    July 25, 2017 6:47 AM 2

    LONDON: Michael Kors has agreed to take over luxury retailer Jimmy Choo for 896 million pounds (US$1.17 billion), it said on Tuesday. Jimmy Choo, famous for its stiletto shoes and accessories, put itself up for sale in April as majority investor JAB increased its focus on consumer goods. Under the terms of the deal Michael Kors will pay 230 pence in cash for each Jimmy

  • Honolulu, Harbin among 5 new destinations for Scoot

    July 25, 2017 3:35 AM 2

    SINGAPORE: Low-cost carrier Scoot is stretching its wings with the addition of five new destinations, which includes four new short- to mid-haul routes and a long-haul route. The destinations are Harbin, Kuantan, Kuching, Palembang and Honolulu, it announced at an event on Tuesday (Jul 25) to mark the completion of its merger with sister airline Tigerair

  • Oil extends gains as OPEC moves to cap Nigeria output

    July 25, 2017 12:50 AM 3

    TOKYO - Oil prices extended gains on Tuesday after OPEC moved to cap Nigerian oil output and Saudi Arabia pledged to limit exports next month to help rein in global oversupply. London Brent crude for September delivery was up 7 cents at $48.67 a barrel by 0039 GMT after settling up 54 cents or 1.1 percent on Monday. U.S. West Texas Intermediate (WTI)

  • Hundred Palms EC in Hougang sells out in 7 hours

    July 24, 2017 2:15 AM 5

    SINGAPORE: All 531 units of Hundred Palms Residences, an executive condominium in Hougang, were snapped up by buyers within seven hours of the start of booking on Jul 22, marketing agents ERA Realty Network and Huttons Asia said in a statement on Sunday (Jul 23). More than 2,700 online applications were received for the units, making it the most oversubscribed

  • Centurion plans to buy US student housing assets for US$136m

    July 24, 2017 12:47 AM 5

    CENTURION Corp is entering the US market with plans to take up to 30 per cent of a portfolio of student housing assets that are being sold for a combined US$136 million. Centurion said it is in talks with third parties to take up the remaining interest in the portfolio. The portfolio will comprise 1,936 beds in Auburn, Alabama; Tallahassee, Florida

  • Oil steady after fall ahead of OPEC/non-OPEC meeting

    July 23, 2017 11:10 PM 6

    TOKYO - Oil prices were little changed on Monday following a steep fall in the previous session amid growing expectations that the joint OPEC and non-OPEC ministerial meeting later in the day would address rising production from Nigeria and Libya, two OPEC members exempted from the cuts. Six OPEC and non-OPEC ministers will meet on Monday in St Petersburg

  • BMW rejects media reports of emissions manipulations

    July 23, 2017 3:50 PM 6

    FRANKFURT - German carmaker BMW on Sunday rejected media reports that the emissions treatment systems in its vehicles did not work effectively and that it colluded with rivals on their design and prices. Der Spiegel magazine reported on Friday that BMW, VW , Audi and Porsche may have colluded to fix the prices and designs of diesel emissions treatment

  • Zacks Investment Research Upgrades National Australia Bank Ltd. (OTCMKTS:NABZY) to “Buy”

    July 23, 2017 11:16 AM 2

    National Australia Bank Ltd. (OTCMKTS:NABZY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Friday. The firm presently has a $14.00 target price on the financial services provider’s stock. Zacks Investment Research‘s price target would suggest a potential upside of 16.47% from the company’s

  • National Australia Bank Ltd. (NABZY) Receives An Update From Brokers

    July 23, 2017 7:47 AM 6

    Analysts reviewing National Australia Bank Ltd. have recently updated their recommended buy/sell ratings and price targets on the stock. Based on their most recently released notes to investors, 1 analyst has a rating of “buy”, 0 analysts “outperform”, 0 analysts “hold”, 0 analysts “underperform” and 0 analysts “sell”. 08/18/2014 – National Australia

  • 3-day raid in Geylang leads to 60 arrests

    July 23, 2017 6:40 AM 7

    SINGAPORE: Sixty suspects were arrested in Geylang for various offences during a three-day multi-agency joint operation that ended on Friday (Jul 21), police said in a news release on Sunday. The operation, which covered the streets and hotels in Geylang, was led by Bedok Police Division and involved enforcement officers from the Singapore Customs, Immigration