Real Estate
Apollo inks US$1 billion deal with BP to fund stake in Trans Adriatic gas pipeline
Proceeds from the deal will contribute to BP’s 2024 divestment and other proceeds target of US$2-3 billionApollo Global Management has signed a US$1 billion deal with British energy major...
False alarm no longer? Recession fears continue to spook US stock market
Recent data is not consistent with the US economy falling off a cliff, but there is ample evidence of teetering on the edge of oneFOR the second time in...
Asia: Markets wobble ahead of Fed as China fears dent sentiment
ASIAN investors trod cautiously on Monday as they struggled to build on recent equity gains, with debate swirling around how big an expected US interest rate cut will be...
China’s fading hunger for grain spells trouble for world farmers
WAREHOUSES across China are bulging with grain as a deepening economic crisis takes hold, leaving the world’s farmers to grapple with the prospect of a long-lasting slowdown gripping one...
Singapore shares open lower on Monday; STI down 0.2%
SINGAPORE stocks began Monday (Sep 16) trading in negative territory, despite gains in global markets last Friday.As at 9.01 am, the Straits Times Index (STI) dipped 6.55 points or...
China’s never-ending bond bull run fuels speculation regulators may intervene
OVER the past year, China’s bond market has witnessed a surge in trading activities, driven primarily by an influx of funds into long-term government bonds.The central bank has repeatedly...
With Powell’s Fed ready to cut rates, a new era of cheap credit beckons
THE US stock market has been stamping its proverbial feet for more than a year now as it demands an interest rate cut from the central bank.
Fed on the edge: Will interest rates take a dive or hold steady?
The market recently absorbed the latest employment report, intensifying expectations of a potential 50 basis point rate cut at the upcoming Federal Open Market Committee (FOMC) meeting on Sep...