Real Estate
Canadian dollar falls for third week on jumbo rate cut bets
THE Canadian dollar steadied against its US counterpart on Friday (Oct 18)but was on track for its third straight weekly decline, as oil prices fell and investors bet on...
Oil prices show how numb traders have become to US sanctions
A week ago, the US government imposed yet more sanctions on Iran’s oil trade. Crude prices have sagged more than US$5 a barrel since.The decline was largely driven by...
Temasek, Saudi Arabia’s PIF rated highest for credit metrics and liquidity by Moody’s
SINGAPORE’S Temasek Holdings and Saudi Arabia’s Public Investment Fund (PIF) have the strongest intrinsic credit quality, among the 11 government-owned investment holding companies (IHCs) it rated, said Moody’s Ratings...
Boeing proposes 35% wage hike in new bid to end lengthy strike
Boeing and the union representing 33,000 striking workers reached a tentative agreement on a new contract with help from the White House, underscoring the high stakes to end a...
Asian IPOs set for blockbuster week as ‘animal spirits’ return
Asia’s stock markets are gearing up for their busiest week of listings in more than two years, offering a crucial test of demand as companies rush to raise money...
S-Reits announce their schedule for upcoming earnings season
AROUND three-quarters of real estate investment trusts (Reits) and property trusts in Singapore have confirmed the release dates for their financial results or business updates for their respective periods...
BMW recalls almost 700,000 cars in China on fire safety risk
BMW is recalling nearly 700,000 vehicles in China due to coolant pump defects, a fresh setback for the German carmaker that’s reeling from other vehicle faults.BMW will recall 499,539...
BlackRock seeks bigger foothold in crypto derivatives market
BLACKROCK is pushing to have its money-market digital coin more widely used as collateral for crypto derivatives trades, as Wall Street firms push deeper into digital asset markets.The world’s...
