Real Estate
Hot stock: PEC rises 11.4% after talks of potential share deal
The counter climbs 11.4 per cent or S$0.085 to S$0.83 as at 11.18 am. SHARES of engineering company PEC were up 11.4 per cent on Thursday (Nov 28) following...
Mizuho weighs new push to target India’s private equity boom
MIZUHO Financial Group is considering making a push into a new area for the lender in India focusing on private equity and venture capital firms, seeking to tap some...
Amazon injected S$2 billion into its Singapore businesses in 2023
AMAZON on Thursday (Nov 28) announced that it injected more than S$2 billion into its retail and cloud businesses in Singapore in 2023. The outlay comprised capital expenditure, including improvements...
Gold prices held steady amid growing tariff war fears
GOLD prices were steady on Thursday (Nov 28), as investors digested a flurry of economic data in the previous session and evaluated the possibility of a tariff war sparked...
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...
