Lifestyle
Maintaining balance sheet strengths as S-Reits average 39% gearing
WITH almost full certainty that the Federal Reserve will cut interest rates this September (based on CME Fed Watch Tool showing a 100 per cent probability as of Jul...
US: Wall St opens strong as megacaps recover; inflation data in focus
Wall Street’s main indexes opened higher on Friday (Jul 26), with the Nasdaq taking the lead as most megacap tech and chip stocks recovered from the week’s pummelling and...
SIA Engineering net profit rises 23% to S$33.2 million in Q1 on healthy MRO demand
AIRCRAFT maintenance provider SIA Engineering Company (SIAEC) reported a net profit of S$33.2 million for its first quarter ended Jun 30. This was up 23 per cent from S$27...
The Bank of England gets a positive hint about rate cuts from service prices
SOME of the United Kingdom price indicators the Bank of England (BOE) is watching closely for signs of lingering inflation are flashing a green light for interest-rate reductions as...
China’s made-in-Europe EVs pose new threat to region’s carmakers
CHINA’S electric carmakers are expanding in Europe to blunt the impact of tariffs meant to weaken their price advantage over the region’s ailing legacy manufacturers.With the European Union hiking...
Changi Airport’s Q2 passenger movements hits 98.2% of pre-pandemic level
CHANGI Airport had around 16.5 million passengers passing through its terminals in the second quarter of 2024, up 13.4 per cent from the year before. The figure was 98.2...
ESR purchases remaining 12.3% stake in Logos Group
REAL estate investment manager ESR Group will acquire the remaining 12.3 per cent stake in logistics real estate company Logos, which will become an indirect wholly subsidiary when the...
Hong Kong reappoints Eddie Yue as central bank chief for another 5 years
HONG Kong’s government reappointed Eddie Yue as its de-facto central bank chief to another five-year term to keep stability in the financial hub.The 59-year-old will get a raise in...
