Real Estate
US dollar’s best week in 2 years sends currency peers tumbling
The US dollar is having its best week since 2022. Geopolitical unrest, the odds of lower borrowing costs overseas and a resilient US economy are all spurring the world’s...
US dollar’s best week in 2 years sends currency peers tumbling
The US dollar is having its best week since 2022. Geopolitical unrest, the odds of lower borrowing costs overseas and a resilient US economy are all spurring the world’s...
S-Reits log best quarterly performance since 2020 with double-digit returns in Q3
IMPROVED investor sentiment over the path of interest rates fuelled a strong rally in Singapore-listed real estate investment trusts (S-Reits) during the third quarter of 2024, with the sector...
Hair loss drug probed in Europe over link to suicidal thoughts
EUROPE’S medicines regulator has started a review of whether a drug used to treat male balding can be linked to suicidal thoughts and behaviours.
The European Medicines Agency’s (EMA)...
US: Wall Street opens higher after strong payrolls data
Wall Street’s main indexes opened higher on Friday (Oct 4) after a crucial labour report eased concerns about a rapid cooldown in the jobs market, while investors remained vigilant...
Tiger-backed TrueLayer loses unicorn status in fundraising round
TRUELAYER, a fintech backed by Tiger Global and Stripe, has seen its valuation slashed by roughly 30 per cent in its latest funding round, according to a person familiar...
Hong Kong shares jump to 31-month peak
Hong Kong stocks rose nearly 3 per cent on Friday (Oct 4) to close at their highest level since March 2022, still cheering China’s massive economic stimulus proposals, while...
DSV sells new shares for 5 billion euros without discount for DB Schenker deal
DSV has sold new shares for five billion euros (S$7.1 billion) without resorting to a discount, as a number of high-profile investors bought large stakes in the Danish freight-forwarding...