Real Estate
Bank Indonesia intervenes in FX markets after rupiah slump
Bank Indonesia is intervening in the spot, domestic non-deliverable forwards and bond markets to maintain the balance of currency supply and demandIndonesia’s central bank is stepping into the market...
7-Eleven owner shares surge after reports on takeover tussle
SHARES in the Japanese owner of 7-Eleven jumped on Monday after media reports said it was seeking to strengthen its hand in a takeover battle, including selling a stake...
Hedge funds bought yen right before the biggest drop in 15 years
HEDGE funds turned bullish on the yen just before dovish comments by Japan’s new prime minister and a robust US jobs report helped spark the worst week for Japan’s...
Hot stock: Qian Hu jumps 24% to 7-year high after news of leadership changes
Kenny Yap is to step down as executive chairman at the end of the year and will be replaced by his nephew, chief executive Yap Kok ChengSHARES of Qian...
Gold subdued as US jobs data firms bets for smaller rate cut
GOLD prices eased on Monday (Oct 7) as bets firmed for a smaller US rate cut after a surprisingly strong jobs report, while market participants awaited inflation data and...
Stocks to watch: HPL, Lum Chang, UOL, Apac Realty
THE following companies saw new developments that may affect trading of their securities on Monday (Oct 7):
New York Sun owner nears £550 million deal for Telegraph: FT
THE owner of the New York Sun is close to acquiring the UK’s The Daily Telegraph newspaper for more than £550 million (S$942 million), according to the Financial Times...
US FAA authorises SpaceX Falcon 9 vehicle for Monday flight
SPACEX’S workhorse Falcon 9 rocket can return to flight for a mission planned for Monday (Oct 7) to launch the European Space Agency’s Hera spacecraft from Florida, the US...
