Lifestyle
Sabana Reit’s occupancy falls to 83%; more staff resign from manager amid internalisation uncertainties
SABANA Industrial Real Estate Investment Trust (Sabana Reit) has reported a decline in portfolio occupancy in the first quarter of 2024, due to the repossession of properties at Penjuru...
War worries weigh on Asian markets; STI down 1%
THE Straits Times Index (STI) ended Monday (Apr 15) at 3,183.61, down 33.3 points or 1 per cent, in line with many other regional markets.Japan’s Nikkei 225 and Hong...
GIP said to halt plan to buy stake in Malaysian ports operator
GLOBAL Infrastructure Partners (GIP) has shelved plans to buy up to 49 per cent of Malaysia’s biggest port operator from a local tycoon on valuation concerns, according to people...
Hong Kong approves first bitcoin, ethereum spot ETFs
HONG KONG’S securities regulator approved the first spot bitcoin and ethereum exchange traded funds (ETFs) on Monday (Apr 15), a milestone on the way to becoming Asia’s first city...
Singapore to train international maritime personnel in new low-emission fuels
SINGAPORE will set up a facility to train international maritime personnel in the use of cleaner fuels such as methanol and ammonia, as part of the Republic’s move towards...
Ringgit’s drop towards 26-year low spurs BNM to pledge support
MALAYSIA’S central bank reaffirmed it is ready to support the ringgit, which is hovering close to the lowest level since 1998.Bank Negara Malaysia (BNM) will ensure the “orderly functioning...
Gold edges higher as Middle East tensions spur demand
GOLD prices edged up on Monday (Apr 15), hovering below a record high hit in the previous session, as escalating tensions in the Middle East lifted bullion’s safe-haven appeal.Spot...
Apollo’s Asia expansion has lured in US$35 billion from region
APOLLO Global Management’s revamp of its Asia business is starting to pay off: It is raised US$35 billion from the region since the start of 2022 to bolster expansion....
