Real Estate
World’s most popular vegetable oil is no longer the cheapest
Palm oil has lost its position as the world’s cheapest edible oil, thanks to shrinking output in the biggest growers and plentiful supply of the main alternative.The tropical oil,...
T-bill cut-off yield falls to 2.97% in first auction after Fed announces rate cut
THE cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) fell to 2.97 per cent in the first auction after the US Federal Reserve announced it was cutting rates...
Japan’s NTT Group considers data centre Reit IPO in Singapore
JAPAN’S Nippon Telegraph & Telephone (NTT) is considering listing a global data centre real estate investment trust (Reit) in Singapore, according to sources with knowledge of the matter.The Tokyo-based...
Australia central bank warns households against over-borrowing once rates fall
AUSTRALIA’S central bank on Thursday cautioned borrowers against taking on excessive debt when interest rates start to fall and risking a boom/bust cycle, though it judged the financial system...
Singapore shares open lower on Thursday; STI down by 0.3%
SINGAPORE stocks began Thursday (Sep 26) trading in negative territory, mirroring overnight losses in global markets. As at 9.01 am, the Straits Times Index (STI) decreased 0.3 per cent or...
Blackstone confirms £10 billion investment in Britain for AI data centre
US PRIVATE equity firm Blackstone has confirmed a £10 billion (S$17.2 billion) investment for an artificial intelligence data centre in northeast England, the British prime minister’s office said on...
Tesla’s potential ‘best quarter’ in China raises expectations
WITH Tesla possibly looking at its “best quarter ever” in China, Wall Street pros are rushing to increase their outlooks for the electric vehicle (EV) maker’s quarterly sales.At least...
Meta debuts Orion AR glasses as eventual smartphone rival
META Platforms debuted its first pair of augmented reality (AR) glasses – devices that show a combined view of the digital and physical worlds, a key step in chief...
