Leadership
MAS proposes relaxed leverage requirements for S-Reits
THE Monetary Authority of Singapore (MAS) on Wednesday (Jul 24) published a consultation paper proposing to simplify leverage requirements for all real estate investment trusts (Reits). Under the proposal,...
MAS proposes simplified leverage requirements for S-Reits, imposes minimum ICR threshold of 1.5 times
THE Monetary Authority of Singapore (MAS) on Wednesday (Jul 24) published a consultation paper proposing to simplify leverage requirements for all real estate investment trusts (Reits). Under the set...
SM Teo warns businesses about ‘just-in-case’ costs amid climate change, supply chain glitches
Separately, Temasek chief urges Asean to tap opportunities in the green economy and IndiaCOMPANIES may have to contend with “just-in-case” costs while building resilience against global challenges, which range...
Brokers’ take: RHB initiates coverage on Elite UK Reit with ‘buy’ call
RHB has initiated coverage on Elite UK Real Estate Investment Trust (Reit) with a “buy” recommendation and a target price of £0.31, which implies a yield of 11 per...
Deutsche Bank’s profit streak ends with big lawsuit provision
DEUTSCHE Bank posted its first loss in four years in the second quarter after setting aside 1.3 billion euros (S$1.9 billion) as a provision for a protracted investor lawsuit...
Lamborghini unveils hybrid supercar in South Korea, sees strong sales
LAMBORGHINI forecast another year of strong sales in South Korea – where it posted record deliveries last year – as it introduced its new plug-in hybrid supercar to the...
US high-grade bond sales post biggest July in six years
BLUE-CHIP companies sold bonds this month at the fastest rate for any July in six years, harnessing strong demand from investors looking to lock in high yields before the...
Singapore shares fall at Wednesday’s open; STI down 0.4%
SINGAPORE stocks opened weaker on Wednesday (Jul 24) following a mixed performance in the United States and Europe. The Straits Times Index (STI) was down 0.4 per cent or...