Swiss National Bank likely intervening to weaken franc: UBS

Swiss National Bank likely intervening to weaken franc: UBS

[ZURICH] The Swiss National Bank (SNB) is probably stepping into the market to weaken the franc, according to economists at UBS Group. “Current market conditions indicate an elevated risk of SNB intervention,” Florian Germanier, Maxime Botteron and Constantin Bolz said Wednesday in an emailed note. “With the likelihood of SNB FX purchases rising, we believe…

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Q3 reporting season kicks off with growth in S-Reits’ distributions

Q3 reporting season kicks off with growth in S-Reits’ distributions

[SINGAPORE] The latest earnings season for Singapore-listed real estate investment trusts (S-Reits) has commenced, with seven trusts reporting their latest financial results or business updates over the past week. Of the seven, the six that provided information on distributable income have all reported year-on-year (yoy) growth. This came on the back of mostly higher revenue…

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Nelly Furtado Announces Indefinite Hiatus From Performing

Nelly Furtado Announces Indefinite Hiatus From Performing

Nelly Furtado is ready to turn off the stage lights. The “I’m Like a Bird” singer announced a major career shift, revealing her plans to take an indefinite break from live shows and touring. “I have decided to step away from performance for the foreseeable future,” she wrote in a post on Instagram Oct. 23,…

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Why America Ferrera Wants Her Daughter to See Ugly Betty

Why America Ferrera Wants Her Daughter to See Ugly Betty

When Ferrera was a teenager, she had her first professional audition for a commercial. “I was this little, brown, chubby valley girl who spoke, you know, like a valley girl,” Ferrera, who was born in Los Angeles and is the proud daughter of Honduran immigrants, said in an interview for the 72nd Emmys. “I walked…

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