Real Estate

Oil settles lower as hopes dim for US-China trade and supply worries ease
Oil settles lower as hopes dim for US-China trade and supply worries ease
May 7, 2025
[NEW YORK] Oil prices fell by more than US$1 a barrel on Wednesday as investors doubted that upcoming US-China trade talks will result in a breakthrough, while hopes for an Iran-US...
Isetan Tampines to shutter in Nov 2025
Isetan Tampines to shutter in Nov 2025
May 7, 2025
[SINGAPORE] Department store operator Isetan Singapore will close its outlet at Tampines Mall in November 2025, it announced on Tuesday (May 6). Speaking to The Straits Times, a company spokesperson...
Lendlease Global Commercial Reit posts 10.4% retail rental reversion for Q3 FY2025
Lendlease Global Commercial Reit posts 10.4% retail rental reversion for Q3 FY2025
May 7, 2025
[SINGAPORE] Lendlease Global Commercial Real Estate Investment Trust (LReit) on Wednesday (May 7) posted a positive retail rental reversion of 10.4 per cent for the third quarter ended Mar...
Grab looks to strike a deal to acquire Indonesia’s GoTo in Q2: sources
Grab looks to strike a deal to acquire Indonesia’s GoTo in Q2: sources
May 7, 2025
[SINGAPORE,HONG KONG] US-listed ride-hailing and food delivery firm Grab is looking to strike a deal to take over smaller Indonesian rival GoTo in the second quarter, two sources with...
EU considers tariffs on Boeing jets
EU considers tariffs on Boeing jets
May 7, 2025
Published Wed, May 7, 2025 · 07:05 PM[FRANKFURT] The European Union intends to propose tariffs on Boeing jets, as it prepares to retaliate further if trade talks with Washington...
Amara appoints W Capital Markets as IFA for offer from Hwa Hong-led consortium
Amara appoints W Capital Markets as IFA for offer from Hwa Hong-led consortium
May 7, 2025
[SINGAPORE] Hotel group Amara on Wednesday (May 7) said it has appointed W Capital Markets as its independent financial adviser as it considers a voluntary conditional general offer from...
Electronic Health Records: The Digital Switch
May 7, 2025
Switching to electronic health records (EHR) can feel like a huge leap for many healthcare practices. It’s not just about going digital; it’s about changing the entire way you...
Ex-Pavilion Energy chief Alan Heng to lead Singapore’s new central gas entity
Ex-Pavilion Energy chief Alan Heng to lead Singapore’s new central gas entity
May 7, 2025
[SINGAPORE] Singapore has established a new government-owned entity to centralise natural gas procurement, and appointed Alan Heng, who previously led gas trader Pavilion Energy, as its chief executive.The formation...
Temu, Shein see US sales drop in week after tariff price hikes
Temu, Shein see US sales drop in week after tariff price hikes
May 7, 2025
[NEW YORK] Shein Group and Temu saw double-digit sales declines in the week after they raised retail prices to cover the costs of increased US tariffs, an initial sign...
Hong Kong dollar interest rate falls most since 2008 after intervention
Hong Kong dollar interest rate falls most since 2008 after intervention
May 7, 2025
[NEW YORK] The Hong Kong dollar’s funding costs plunged the most since 2008, as the monetary authority’s intervention to defend the currency peg helped boost liquidity in the financial...