Real Estate
Singapore shares open almost flat on Thursday; STI up 0.02%
SINGAPORE stocks started Thursday (Sep 19) on a muted note, after US indices and Europe’s main stock index fell overnight. As at 9.01 am, the Straits Times Index (STI)...
Stocks to watch: Sabana Reit, Oiltek International
THE following companies saw new developments that may affect trading of their securities on Thursday (Sep 19): Sabana Industrial Real Estate Investment Trust (Sabana Reit): The Reit’s requisitionists have rejected...
Bitcoin fluctuates after Fed cuts for first time in four years
BITCOIN was little changed after the US Federal Reserve reduced borrowing rates for the first time since the Covid pandemic paralysed the economy more than four years ago and...
Commerzbank is speeding up CEO succession after UniCredit move
COMMERZBANK is looking to speed up the process to replace chief executive officer Manfred Knof as it contends with a possible takeover approach by rival UniCredit.Chief financial officer Bettina...
US: Stocks end modestly lower after big Fed interest rate cut
WALL Street stocks finished modestly lower on Wednesday after the Federal Reserve announced an interest rate cut of half a percentage point, ending days of speculation about the size of the...
US seeks US$100 million from owner of ship that destroyed Baltimore bridge
The US Justice Department filed a lawsuit on Wednesday (Sep 18) seeking more than US$100 million from the Singapore owner and operator of a cargo ship that destroyed a...
US: Wall St opens higher as markets anticipate Fed’s first rate cut in four years
Wall Street’s main indexes opened slightly higher on Wednesday (Sep 18), as the Federal Reserve was widely expected to deliver its first interest rate cut in more than four...
Eurozone inflation not where ECB wants it to be, Bundesbank chief says
EUROZONE inflation is still not as low as the European Central Bank would like, so interest rates need to remain sufficiently high to resolve price pressures, Bundesbank president Joachim...
