Real Estate
Industrial S-Reits report NPI growth, but managers are cautious on outlook
SINGAPORE real estate investment trusts (S-Reits) with exposure to the industrial sub-segment have mostly reported growth in net property income (NPI) in the quarter ended March. The resilient operating...
Europe: Stoxx 600 up, Germany’s DAX at record peak on trade deal optimism
EUROPEAN shares extended gains on Friday, with Germany’s DAX index closing at an all-time high, as signs of easing global trade war relieved investors as they looked ahead to discussions...
Nippon Steel expects profit to drop 43% this year, US steel decision by early June
[TOKYO] Nippon Steel expects net profit to slide 43 per cent in the fiscal year ending March 2026, it said on Friday (May 9), citing a weak global steel...
UMS Integration Q1 earnings nearly flat at S$9.8 million
[SINGAPORE] Semiconductor player UMS Integration on Friday (May 9) reported profit of S$9.8 million for the first quarter ended Mar 31, 2025, almost unchanged from the group’s profit in...
Singapore stocks rise on US-UK trade deal; STI up 0.7%
[SINGAPORE] Local stocks ended higher on Friday (May 9), as investors reacted positively to news of the US striking a trade deal with the UK – the first after...
Germany’s DAX Index hits record high after tariffs round trip
[FRANKFURT] Germany’s DAX Index became the first major European gauge to surpass its March record high, recouping all declines sparked by US President Donald Trump’s trade war.The stock index...
Foreign banks sell record Indian sovereign debt as tensions rise
[NEW DELHI] Foreign banks sold a record amount of Indian government bonds on Thursday (May 8), as a growing border conflict with Pakistan weighs on investor sentiment. They sold a...
China’s top chipmaker SMIC plunges after projecting lower sales
[SINGAPORE] Semiconductor Manufacturing International Corporation (SMIC) plunged on Friday (May 9) after China’s leading chipmaker warned sales could fall as much as 6 per cent this quarter because of...
