Leadership
China new bank loans rise in May, but well below forecasts
CHINESE banks extended 950 billion yuan (S$177.2 billion) in new yuan loans in May, rising from April but missing analysts’ expectations.
Analysts polled by Reuters had predicted loans would rise...
CapitaLand Investment to start an operation in India’s GIFT City
CAPITALAND Investment will soon start operating in India’s GIFT International Financial Services Centre, according to people familiar with the matter, helping serve its global clients from the special economic...
Bonds are beating Bitcoin as doubts gather over crypto rebound
STOCKS and bonds have delivered better returns than Bitcoin this quarter, raising the possibility that a crypto boom is running out of steam.Gauges of global equities, fixed income and...
Brokers’ take: Beansprout initiates Keppel Infrastructure Trust with ‘buy’, S$0.59 target price
BEANSPROUT initiated coverage on Keppel Infrastructure Trust (KIT) with a “buy” call, noting the trust’s “attractive” distribution yield amid robust infrastructure assets. The investment insights platform licensed by the...
CDG Engie, Volt Singapore win first contracts to deploy fast public EV charging points
TWO electric vehicle (EV) charging operators have been awarded contracts to deploy mainly fast charging EV charging points across Singapore.On Friday (Jun 14), Land Transport Authority (LTA) subsidiary EV-Electric...
Bank of Japan to scale down huge bond-buying programme
THE Bank of Japan on Friday said it would reduce its vast hoard of government bonds as it cautiously steps away from its long-running ultra-loose monetary policy.The central bank...
Asia: Markets, yen drop ahead of key Bank of Japan decision
ASIAN markets and the yen weakened against the dollar on Friday ahead of a policy decision by the Bank of Japan, while the euro remained under pressure as critical...
Gold holds steady, on track for first weekly gain in four
GOLD prices held steady on Friday, and were on track for their first weekly gain in four, despite falling over 1 per cent in the previous session after the US...
