Leadership
Deutsche Bank’s risk transfer enables more green mortgages
DEUTSCHE Bank has entered a capital-relief deal with the European Investment Bank (EIB) that allows the German lender to grant discounts on more than 600 million euros (S$877.1 million)...
Retail flows remain cautiously optimistic for S-Reits
SOFTER US inflation data that came out the past week fuelled expectations of rate cuts once more. The US consumer price index increased 0.3 per cent from March to...
US, TikTok seek fast-track schedule, ruling by Dec 6 on potential ban
THE US Justice Department and TikTok on Friday asked a US appeals court to set a fast-track schedule to consider the legal challenges to a new law requiring Chinese-based...
Oil gains 1% on hopes of firmer demand
OIL prices settled about 1 per cent higher on Friday, with global benchmark Brent crude recording its first weekly gain in three weeks, after economic indicators from the world’s...
As Singapore moves towards EVs, labour shortages threaten survival of small workshops
AS SINGAPORE’S automotive landscape moves towards electric vehicles (EVs), which require less maintenance, smaller workshops may face less demand.
Keppel Reit unit obtains 131 billion won loan facility
A SUBSIDIARY of Keppel Real Estate Investment Trust (Reit) has procured a loan facility of 131 billion won (S$130.1 million), guaranteed by its trustee HSBC Institutional Trust Services, said...
Bank of America to pay US$2.9 billion for portfolio of WaFd multifamily loans
BANK of America agreed to buy a portfolio of commercial real estate loans from WaFd for about US$2.9 billion, helping the regional lender reduce its exposure to a sector...