Real Estate
Singapore swap rates set to narrow gap with US as MAS shift seen
SINGAPORE’S unusual approach to monetary policy will give traders a chance to profit from a narrowing gap between the local currency and US dollar interest-rate swaps.The difference between two-year...
Baht’s biggest rally since 1998 threatens Thai tourism, exports
THAILAND’S baht is on course for its biggest quarterly gain since the Asian financial crisis, threatening to derail a recovery in the nation’s key tourism and export industries.The currency’s...
Oil prices rise 2% after US rate cut
OIL prices rose by nearly 2 per cent on Thursday after the Federal Reserve’s large cut in US interest rates helped global benchmark Brent crude recover from its lowest in...
Europe: Shares advance as global markets cheer Fed’s outsized rate cut
EUROPEAN stocks jumped on Thursday after the US Federal Reserve delivered a 50-basis-point rate cut and flagged that further easing would be measured, raising hopes of a soft landing for...
Terraform Labs approved for bankruptcy wind-down after US SEC settlement
TERRAFORM Labs received court approval on Thursday (Sep 19) to wind down its operations in bankruptcy after agreeing to settle a US Securities and Exchange Commission (SEC) lawsuit accusing...
Bank of England hold rates, extends bond reduction plan
THE Bank of England held interest rates at 5 per cent on Thursday (Sep 19) and voted to run down its stock of British government bonds by another £100...
Britain needs finance sector strategy to tap foreign billions, report says
Britain needs to provide a “streamlined and organised system” led by a public-private council chaired by its finance ministerBritain could attract up to £7.7 billion (S$13.2 billion) in additional...
Over 80% of business leaders cite sustainability skills and expertise gap: report
MORE than 80 per cent of business leaders say their organisations face a gap in sustainability-related skill sets and expertise, according to a report by NTUC LearningHub. This is despite...