Real Estate
Brokers’ take: RHB raises SGX target on higher SDAV estimates
RHB raised its target price on the Singapore Exchange (SGX) to S$11.70 from S$10.80 after the bourse’s August securities turnover data came in higher than estimates by the research...
Australia to phase out AT1 bonds for bank capital after Credit Suisse wipeout
AUSTRALIA’S banking regulator has proposed lenders phase out the use of additional tier 1 (AT1) bonds – the kind of securities that were wiped out after Credit Suisse Group’s...
China has more than 1 billion tons/year of new coal mines in pipeline: report
CHINA accounts for more than half of the world’s pipeline of new coal mines, risking a significant increase in methane emissions, a new study published on Tuesday showed.China is...
Losses from crypto scams grew 45% in 2023, FBI says
LOSSES from cryptocurrency-related frauds and scams increased 45 per cent in 2023 from 2022, totalling more than US$5.6 billion, as scammers increasingly took advantage of the speed and irreversibility...
Oil prices edge up as storm nears US Gulf Coast after week of heavy losses
OIL prices rose about 1 per cent on Monday on concerns that a hurricane forecast to hit Louisiana on Wednesday will disrupt production and refining along the US Gulf Coast.Brent...
Europe: Shares rebound from dour week with central banks in focus
EUROPEAN bourses rose on Monday, recovering from steep declines the previous week as focus shifted to an anticipated interest rate cut from the European Central Bank on Thursday.The pan-European Stoxx 600 index closed...
US: Stocks rebound as Apple launches iPhone built for AI
WALL Street stocks rose on Monday in a partial rebound from last week’s retreat after a major Apple iPhone launch and ahead of key inflation data.Apple announced new iPhones built for...
Unitholders of Dasin Retail Trust fail to pass resolutions at EGM convened by requisitionists
UNITHOLDERS of Dasin Retail Trust failed to pass a resolution seeking the removal of the manager of the trust at an extraordinary general meeting (EGM) convened by requisitionists on...
