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Tag Archives: Gain

Ascott Reit sells Raffles Place property for S$134m net gain

Thu, Jan 10, 2019 – 5:50 AM Singapore PRIVATE investor Cheong Sim Lam, whose family developed International Plaza and the Hyatt Regency Singapore, snapped up Ascott Reit’s serviced apartment building Ascott Raffles Place Singapore for S$ 353.3 million. The sale price is some 64.3 per cent above the property’s latest valuation of S$ 215 million as at Dec 31 2018. ...

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Bridgewater's Pure Alpha ends 2018 with 14.6 percent gain: source

BOSTON (Reuters) – Hedge fund giant Bridgewater Associates’ flagship Pure Alpha Strategy posted a double-digit gain in 2018 when many other funds lost money after being caught off guard by the late-year market collapse. The Pure Alpha Strategy, which has been run since 1991, gained 14.6 percent, after fees, a person familiar with the numbers said on Sunday evening. Over ...

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Manufacturing industry posts biggest annual job gain in 20 years

The manufacturing industry posted net job gains of 284,000 over 2018, capping its best calendar year since 1997. div > div.group > p:first-child”> A priority for President Donald Trump, manufacturing saw marked hiring in December with an additional 32,000 jobs. Most of the gains occurred in blue-collar durable goods manufacturing, with growth in fabricated… Business News

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Wall Street ekes out gain, Apple cuts revenue forecast after the bell

NEW YORK (Reuters) – Wall Street edged higher on Wednesday after stumbling out of the starting gate on the first trading day of 2019, while fears of a global economic slowdown were exacerbated after Apple cut its holiday-quarter revenue forecast. Apple (AAPL.O) dropped 8 percent in extended trading late in the day after the iPhone maker slashed its outlook for ...

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Bitcoin Poised To Post Strongest Weekly Gain Since February

Bitcoin (BTC) is poised to post its strongest weekly gain since February, as the largest crypto currency maintains the bullish momentum it gained after hitting a 15-month low of $ 3,122 over the weekend. It has been a dramatic rebound for Bitcoin since then. In a six-day period starting Sunday, it strengthened by around 27 percent. If BTC closes the ...

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Bitcoin Poised To Post Strongest Weekly Gain Since February

Bitcoin (BTC) is poised to post its strongest weekly gain since February, as the largest crypto currency maintains the bullish momentum it gained after hitting a 15-month low of $ 3,122 over the weekend. It has been a dramatic rebound for Bitcoin since then. In a six-day period starting Sunday, it strengthened by around 27 percent. If BTC closes the ...

Read More »

Bitcoin Poised To Post Strongest Weekly Gain Since February

Bitcoin (BTC) is poised to post its strongest weekly gain since February, as the largest crypto currency maintains the bullish momentum it gained after hitting a 15-month low of $ 3,122 over the weekend. It has been a dramatic rebound for Bitcoin since then. In a six-day period starting Sunday, it strengthened by around 27 percent. If BTC closes the ...

Read More »

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