Real Estate
Strong US economy and ‘Trump trades’ boost greenback
THE US dollar climbed on Monday (Oct 21) and cryptocurrency Bitcoin hit a three-month high as a rise in US bond yields and the looming presidential election continued to...
JAB to buy Mondelez’s stake in JDE Peet’s for 2.16 billion euros
Shares in JDE Peet’s, which also announced a new chief executive, rose as much as 16%Investor JAB agreed to acquire Mondelez International’s stake in coffee maker JDE Peet’s for...
Sembcorp inks deal to produce green hydrogen with Indonesia’s PLN
The facility in Sumatra will churn out 100,000 metric tonnes of green hydrogen a yearSEMBCORP Industries said on Monday (Oct 21) that its wholly owned subsidiary, Sembcorp Utilities, is...
EnterpriseSG, EDB to launch sustainability reporting grant in November
ENTERPRISE Singapore (EnterpriseSG) and the Singapore Economic Development Board (EDB) will launch the sustainability reporting grant (SRG) on Nov 1 to help companies produce their first International Sustainability Standards...
Sanofi enters exclusive talks with CD&R for Opella sale
Sanofi said on Monday (Oct 21) it had entered exclusive talks for the sale of a 50 per cent controlling stake in its consumer health business Opella to US...
ABS partnership outlines best practices for anti-money laundering audits in banks
THE Association of Banks in Singapore (ABS) has launched Singapore’s first industry-led best practice paper to enhance anti-money laundering/countering the financing of terrorism (AML/CFT) audits in banks.This was done...
Bitcoin flirts with US$70,000 after US$2.4 billion inflow into ETFs
BITCOIN pushed higher on Monday (Oct 21) as a spurt of inflows into exchange-traded funds (ETFs) for the largest digital asset as well as optimism about the outlook for...
China traders bet PBOC will keep yuan in hand even if Trump wins
CHINA’S domestic yuan traders appear to be more confident than their offshore counterparts that the currency’s turbulence will be contained around the US presidential election period.A gauge of one-month...