Leadership
HDB shophouses drawing bigger players with attractive yields and affordability
Transactions for these assets in public housing estates on the rise, thanks to relatively high yields of 4-6%INTEREST in Housing and Development Board (HDB) shophouses is on the rise,...
STI bucks Wall Street rally and dips 0.7%
The benchmark performance was in line with the broader market, which saw decliners beating gainers 324 to 251.THE Straits Times Index (STI) ended 0.7 per cent or 25.61 points...
Citic to sell stake in McDonald’s China, HK operations for US$430.3 million
CHINA’S state-owned Citic has agreed to sell its 19.23 per cent stake in the company that operates fast-food chain McDonald’s across China and Hong Kong for US$430.3 million, fully...
Great Eastern gets further extension to Jan 24 to explore options for free float rule
GREAT Eastern Holdings now has until Jan 24, 2025, to explore options to comply with free float requirements under the Singapore Exchange’s (SGX) listing rules. The insurer had made an...
IEA says oil demand growth weakness to continue on China and EVs
GLOBAL oil demand growth will continue to weaken due to China’s economic slowdown and the rapid uptake of electric vehicles, according to the International Energy Agency (IEA). “This year,...
PBOC programme sparks buybacks, long-term value doubt
23 companies listed in Shanghai and Shenzhen have applied for more than 10 billion yuan in loansThe Chinese central bank’s programme to issue loans for share buybacks has provided...
Vietnam to amend national power plan to include nuclear energy
VIETNAM will amend its national power development plan, known as PDP8, to include options for nuclear energy and hydrogen, the Minister of Industry and Trade said on Monday (Oct...
China’s steel demand to fall below half of global consumption in 2024
CHINA will account for less than half of the world’s steel consumption in 2024 for the first time in six years as the decline in the country’s real estate...
