Real Estate
Opec cuts 2025 oil demand forecast over US tariffs
It expects demand to grow by 1.3 million barrels per day (bpd) in 2025, down from a previous forecast of 1.4 million bpd[RIYADH] Opec slightly lowered its forecast for...
Bruised dollar languishes near three-year lows on tariff anxiety
[SINGAPORE] The dollar drifted lower on Monday (Apr 14), while the Japanese yen and the euro progressed higher as investor confidence in the world’s reserve currency remained in question...
Temasek-backed ABC Impact finishes final close of second fund with more than US$600 million
[SINGAPORE] Asia-focused private equity firm ABC Impact completed the final closing of its second fund, which is backed by Temasek, at more than US$600 million or around double the...
Upgrading Paragon as part of a listed Reit
[SINGAPORE] As the local bourse waits for potential new real estate investment trust (Reit) listings to materialise, Paragon Reit, which went public in July 2013, might be delisted soon.The...
Bank of Japan’s Ueda warns of heightened uncertainty from US tariff policy
[TOKYO] ) Bank of Japan Governor Kazuo Ueda said on Monday global and domestic economic uncertainty has increased sharply due to US tariff policy.“US tariffs will likely put downward...
Buyout firms get creative on Gulf trips in bid for bigger checks
[ABU DHABI] The giants of private equity have spent years trying to cozy up to Middle Eastern wealth funds to secure massive checks. US President Donald Trump’s burgeoning trade...
Olam Group to finance business reorganisation with proceeds from sale of remaining Olam Agri stake
[SINGAPORE] Agribusiness giant Olam Group announced plans to finance the reorganisation of its business using divestment proceeds from two sources of funds. One will be sale proceeds from the divestment...
Olam to divest remaining Olam Group assets to fund business reorganisation
[SINGAPORE] Olam Group will divest and monetise all assets and businesses under its remaining Olam Group operating unit over time as part of its business reorganisation plan, it said...
