Lifestyle
Asian Development Bank says president Asakawa to leave in early 2025
THE Asian Development Bank (ADB) said on Monday (Sep 9) its president, Masatsugu Asakawa, announced his intention to step down from his position, effective Feb 23, 2025.
The Yomiuri newspaper...
Singapore’s STI lifted by three banks, ends up 1.2% on Monday
THE Straits Times Index ended Monday (Sep 9) at 3,496.53 points, up 1.2 per cent or 42.06 points, thanks to upward movements at all three local banks.OCBC was the...
Chinese car sales fall for fifth straight month
PASSENGER vehicle sales in China fell in August for the fifth straight month, industry data showed on Monday (Sep 9), though sales of all-electric and plug-in hybrid models rose,...
Centurion unit to set up JV companies to retrofit, manage China residential housing
ACCOMMODATION assets operator Centurion Corporation’s indirect wholly owned subsidiary, Centurion China Investments, will set up two joint venture companies with Xiamen City Home Apartment Management.
The companies will retrofit,...
China’s Midea Group launches HK$26.97 billion share offering in Hong Kong
CHINESE home appliance maker Midea Group on Monday (Sep 9) launched a share offering of about HK$26.97 billion (S$4.5 billion) in Hong Kong, according to its filings, in the...
Oil prices jump US$1 on Gulf Coast storm, post selloff recovery
OIL futures jumped by a dollar in early trading on Monday as a potential hurricane system approached the US Gulf Coast, and as markets recovered from a selloff following weaker-than-expected...
Gold slips below US$2,500 mark, market awaits further Fed guidance
GOLD prices remained steady on Monday (Sep 9) and was trading slightly below the key US$2,500 an ounce level, as the market awaited August inflation data for further insights...
Digital Core Reit proposes to raise stake in Frankfurt data centre by up to 40%
DIGITAL Core Reit has proposed to raise its stake in a data centre in Germany by 0.2 to 40 per cent, said the real estate investment trust’s (Reit) manager...
