Real Estate
Brokers’ take: DBS downgrades Yanlord Land, but raises price target to S$0.70
DBS Group Research downgraded Yanlord Land to “hold” from “buy” following the stock’s share price rally, as the research house believes positive investor sentiment is now priced in. It...
Citi’s Australia chief says real estate tops investor interest
REAL estate is emerging as Australia’s most in-demand sector as investors seek out the biggest beneficiaries of what they expect to be the start of a central bank easing...
Nvidia notches record close, could unseat Apple as most valuable company
SHARES of Nvidia closed at their highest ever on Monday (Oct 14), putting the heavyweight artificial intelligence (AI) chipmaker on the brink of dethroning Apple as the world’s most...
Bitcoin climbs with Harris pledging regulatory framework support
BITCOIN climbed to the highest level in two weeks with Vice-President Kamala Harris pledging to support a regulatory framework for cryptocurrencies. The promise added to optimism seen during Asian...
HSBC probes China Pinnacle wealth business on costs and control: sources
HSBC Holdings is reviewing expenses and operational controls at its China digital wealth business Pinnacle, in a move that could result in layoffs and mark an abrupt reversal of...
US: S&P 500 opens at record high with corporate earnings, economic data in focus
The S&P 500 and the Nasdaq opened higher on Monday (Oct 14), with the benchmark index notching a record high as investors prepared for a week packed with corporate...
GM, Barclays sign long-term credit card partnership agreement
GENERAL Motors and Barclays said on Monday (Oct 14) they have signed a long-term credit card partnership agreement to let customers earn and redeem reward points on new Buicks,...
Central bankers make rare comments in favour of bigger gold stash