Real Estate
UOB Kay Hian downgrades DBS to ‘sell’, OCBC to ‘hold’; cuts target prices
[SINGAPORE] UOB Kay Hian (UOBKH) downgraded Singapore banks DBS and OCBC to “sell” and “hold”, respectively, citing forecasts of higher credit costs and “anaemic” loan growth resulting from US...
Frasers Centrepoint Trust launches preferential offering at S$2.05 apiece
[SINGAPORE] The manager of Frasers Centrepoint Trust on Tuesday (Apr 8) announced the launch of a preferential offering at S$2.05 per unit.The issue price represents a 7.4 per cent...
Blue-chip listcos scoop up more shares; Singapore market shows signs of recovery on pause to Trump tariffs
[SINGAPORE] Constituent companies on the Straits Times Index (STI) lost no time in picking up their own shares after the benchmark index tanked on US President Donald Trump’s tariffs....
Binance founder Zhao to help Pakistan boost crypto trading bid
Crypto trading is steadily gaining traction among Pakistan’s 230-million population despite its central bank’s warning over the risks posed by the industry[CHITTAGONG] Pakistan has roped in Zhao Changpeng (...
Tokyo: Nikkei ends 6% higher on market recovery hopes
[TOKYO] Japan’s Nikkei share average closed 6 per cent higher on Tuesday (Apr 8), recovering from a 1½ -year low hit in the previous session, as investors scooped up...
PBOC set to reveal hand on yuan as depreciation talk mounts
[NEW YORK] A dramatic escalation in the trade war has brought China to a crossroads, with policymakers set to decide if they should retain a tight grip on the...
Trump gives Nippon Steel takeover of US Steel a second look
[NEW YORK] President Donald Trump on Monday launched a review of the proposed takeover of US Steel by Japanese rival Nippon Steel, a merger previously blocked by Joe Biden...
US: Dow, S&P 500 lower after volatile session; Nasdaq ends positive
[NEW YORK] Wall Street stocks finished mostly lower on Monday following a volatile session amid rising recession worries due to President Donald Trump’s trade wars.Both the Dow and S&P 500 ended...
Thakral clarifies IPO rumours on associate GemLife; says ‘no certainty’ that any transaction will proceed
[SINGAPORE] Thakral Corp clarified rumours that its associate GemLife, a resort-living developer in Australia, is gearing up for an initial public offering (IPO), and said there is “no certainty”...
