Real Estate
US Federal Reserve rate pivot expected to drive outsized gains in Asian assets
ASIAN assets could have better earnings prospects and more room to benefit from easing than their global peers, after the US Federal Reserve’s shift to interest rate cuts. The...
Alibaba accelerates AI push by releasing new open-source models, text-to-video
CHINESE technology company Alibaba released on Thursday (Sep 19) new open-source artificial intelligence models and text-to-video AI technology, intensifying its efforts to compete in the booming area of generative...
Vietnam removes pre-funding rule for foreigners in bid for market upgrade
VIETNAM will remove a requirement for full pre-funding on equity transactions of foreign investors from Nov 2, its finance ministry said, the country’s latest effort to boost the chances...
Brookfield is adding to US$13 billion it has bet on India infrastructure
BROOKFIELD Asset Management plans to add to the US$13 billion it has already invested in Indian infrastructure, describing it as the “brightest spot” in emerging markets.“There’s no reason why...
Rate cut a plus for some commodities, but demand and supply forces will still be key
Rate cut priced into gold prices, and won’t offset weak China economy weighing on oil marketTHE commodity sector in general will be supported by the Federal Reserve’s 50 basis...
Market fundamentals moderate rate cut benefit to commodity prices; gold set to inch higher: analysts
On the oil market, rate cuts would only indirectly affect the prices as it secures the US economy’s soft landingTHE commodity sector in general will be supported by the...
Germany’s slump in EV sales drags on Europe’s auto market
GERMANY, hit by bad economic news in recent weeks, led a drop in European car sales last month as demand for electric vehicles (EVs) cratered.EV deliveries in the region’s...
ST Engineering opens ‘smart yard’ to support marine business, replace Tuas Yard
ST Engineering has opened a “smart” shipyard to replace its Tuas Yard when the latter’s lease expires at the end of the year.Gul Yard, at 55 Gul Road, is...
