Real Estate
Singapore stocks rise on optimism over rebound in real incomes and easing inflation; STI up 0.8%
SINGAPORE stocks ended higher on Thursday (Nov 28) after the Republic reported a rebound in real incomes for 2024, according to preliminary estimates, as inflation eased.A Ministry of Manpower...
IReit Global inks lease contract with Premier Inn to reposition Berlin Campus into mixed-use space
EUROPE-FOCUSED real estate investment trust (Reit) IReit Global has signed a lease contract with UK hotel chain Premier Inn for 10,348 square metres or 12 per cent of net...
US Fed’s favoured inflation gauge picks up, backs cautious approach
THE US Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates.The so-called core personal...
Hong Kong opens third airport runway with marginal gain in landing slots
HONG Kong’s third airport runway officially starts operating on Thursday (Nov 28), but there will be hardly any additional flight capacity for at least another year. Aircraft movement will...
Genting Singapore’s luck may turn in 2025
The renewal of its casino licence for a shorter two-year term adds to the uncertainties at the integrated resort operator, but a turnaround could comeRESORTS World Sentosa (RWS) broke...
PEC says it has been approached by a third party over a possible share deal
SHARES of engineering company PEC have been on a tear lately and a possible reason for that has emerged.
The company said in a bourse filing on Wednesday (Nov...
Singapore banks, insurers in ‘good position’ to withstand severe macrofinancial shock: MAS
Most investment funds also have enough liquidity to meet redemption shocks, its liquidity stress-simulation tests have found SINGAPORE’S banks and insurers have sufficient capital and liquidity buffers to withstand...
Demand rises on latest Singapore Savings Bond, with 10-year average return of 2.81%
The December tranche receives S$164.8 million in applications, for the S$600 million on offerTHE latest Singapore Savings Bond (SSB), allotted on Wednesday (Nov 27), recorded a rise in the...
