Posts by Stephanie Irvin
Trump’s tariffs, ‘big beautiful Bill’ may do more for the Singapore market than the MAS review group
[SINGAPORE] When news broke early last Thursday (May 29) morning that a US federal court had struck down most of President Donald Trump’s sweeping tariffs, I was almost done selling a portfolio of US stocks that I had held since the global financial crisis. With a tinge of seller’s remorse, I watched markets in Asia…
Read MoreChinese economy stays challenged but some consumer stocks offer potential: BOA
[SINGAPORE] While headwinds persist for the Chinese economy and consumer confidence stays low, a select range of stocks could defy broader market trends and outperform their peers, said the Bank of America (BOA). Despite improved market sentiment, the Chinese economy remains saddled by challenged consumption growth and elevated youth unemployment alongside deflationary pressures, BOA analysts…
Read MoreEmirates will keep A380 jumbo flying until end of next Decade
Emirates is already pouring billions into a refresh of its fleet of A380s as it seeks to extend the jumbo jets’ lifespan Published Sun, Jun 1, 2025 · 05:56 PM [DUBAI] Emirates plans to keep its giant fleet of Airbus SE A380 double-deckers in operation until the end of next decade, as the world’s largest…
Read MoreS-Reits with Singapore office assets post resilient Q1 2025 amid positive rent reversions and high occupancy
[SINGAPORE] Singapore-listed office real estate investment trusts (S-Reits) reported a broadly resilient performance in the first quarter of 2025, underpinned by positive rental reversions, stable occupancy, and continued demand for prime office space despite macroeconomic uncertainties. The six S-Reits with Singapore office exposure – CapitaLand Integrated Commercial Trust (CICT), Mapletree Pan Asia Commercial Trust (Mpact),…
Read MoreS-Reits with Singapore office assets post resilient Q1 2025 amid positive rent reversions and high occupancy
[SINGAPORE] Singapore-listed office real estate investment trusts (S-Reits) reported a broadly resilient performance in the first quarter of 2025, underpinned by positive rental reversions, stable occupancy, and continued demand for prime office space despite macroeconomic uncertainties. The six S-Reits with Singapore office exposure – CapitaLand Integrated Commercial Trust (CICT), Mapletree Pan Asia Commercial Trust (Mpact),…
Read MoreNewark airport runway to reopen Monday after construction
Published Sun, Jun 1, 2025 · 09:00 AM A RUNWAY ahead of schedule following several chaotic weeks of equipment outages, runway construction and air traffic control staffing shortages that caused flight cancellations, diversions and delays, US Transportation Secretary Sean Duffy said. Newark Liberty, one of the main airports serving New York City, is about 9…
Read MoreTrump celebrates Nippon Steel ‘deal’ with rally at Pennsylvania plant
[WEST MIFFLIN] US President Donald Trump on Friday (May 30) lauded a “partnership” between Nippon Steel and US Steel at a political rally but stopped short of clarifying whether he planned to approve the companies’ diplomatically sensitive merger. On a Pittsburgh, Pennsylvania-area stage decorated with signs celebrating “American steel”, Trump appeared to signal he would…
Read MoreUS: Stocks mixed as China trade tensions fuel unease
Published Sat, May 31, 2025 · 06:13 AM [NEW YORK] Wall Street stocks saw a mixed end to the day on Friday (May 30), as trade tensions between the United States and China heated up with President Donald Trump accusing Beijing of violating a tariff de-escalation deal. The Dow Jones Industrial Average edged up 0.1…
Read MoreSaudi Aramco could tap debt markets again after US$5 billion bond sale
Published Fri, May 30, 2025 · 09:10 PM [DUBAI] Saudi Aramco has published a new prospectus for its issuance programme of Islamic bonds or sukuk, signalling the state oil major may soon tap the debt markets again after it raised US$5 billion from a three-part bond sale this week. The prospectus, submitted to the London…
Read MoreWee Hur sets up S$500 million medium-term note programme
Notes to be issued may be in Singapore dollars or any other currency, in various amounts and tenors, and may bear interest at fixed, floating or hybrid rates or not bear any interest [SINGAPORE] Property company Wee Hur has established a S$500 million multi-currency medium term note programme, it said via a bourse filing on…
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