Real Estate
Singapore fund inflows surge to record high of S$3.1 billion in Q3: Morningstar
FLOWS into Singapore-registered funds hit a record S$3.1 billion high in the third quarter, up from S$1.8 billion in the quarter before. And in the year ended September 2024,...
Shell wins appeal against landmark Dutch climate ruling
It is unclear whether demands on the company to reduce emissions caused by use of Shell products will help the fight against climate change, court saysOIL and gas company...
Britain’s FCA fines Metro Bank £16 million for anti-money laundering failings
BRITAIN’S Financial Conduct Authority (FCA) has fined Metro Bank £16 million (S$27.4 million), for failings in its anti-money laundering controls between June 2016 and December 2020.
The bank failed to...
Baht lags behind peers on concerns over central bank autonomy
THAILAND’S currency fell by the most among Asian peers on investor concerns that the independence of the nation’s central bank is being further eroded. The baht fell more than...
Frasers Hospitality Trust posts 0.8% fall in DPS to S$0.011682 for H2
FRASERS Hospitality Trust (FHT) recorded distribution per stapled security (DPS) of S$0.011682 for the second half of its financial year ended Sep 30, down 0.8 per cent from S$0.011777...
CICT divests office asset in Raffles Place for S$688 million
CAPITALAND Integrated Commercial Trust (CICT) has divested 21 Collyer Quay, an office building located in Raffles Place, for S$688 million.The sale price is in line with the property’s independent...
CICT sells 21 Collyer Quay for S$688 million; trust earlier reported to be eyeing up to S$850 million
CAPITALAND Integrated Commercial Trust (CICT) has divested 21 Collyer Quay, an office building located in Raffles Place, for S$688 million.The sale price is in line with the property’s independent...
US opens probe into 1.4 million Honda vehicles over engine issues
THE National Highway Traffic Safety Administration (NHTSA) said on Monday (Nov 11) that it is opening a probe into 1.4 million Honda vehicles after reports of serious engine issues.Honda...
