Real Estate
Norway sovereign wealth fund commits 900 million euros to renewable energy fund
NBIM committed the sum to CIP’s fifth flagship fund CI V, which invests in offshore and onshore wind, solar farms, grid and distributionNorway’s sovereign wealth fund said on Monday...
China’s Didi in talks to sell smart auto assets to state-backed NavInfo’s unit: sources
CHINA’S Didi Global is in advanced talks to sell its smart driving and cockpit assets to state-backed digital mapping firm NavInfo’s unit, as the ride-hailer focuses on its core...
Bitcoin flirts with US$65,000 on Powell pivot, streak of ETF flows
It rose 1.2% to US$65,030 on Monday (Aug 26) before dipping back to US$64,000 as of 1.35 pm in SingaporeBitcoin touched US$65,000 for the first time in about three...
US industry seeks easing of steep Biden-Harris China tariff hikes
THE Biden-Harris administration this week is expected to announce final implementation plans for steep tariff increases on certain Chinese imports, and if US industry gets its way, many of...
PBOC holds policy rate steady after warning on bond rally
CHINA’S central bank left a key interest rate unchanged, keeping a lid on a bond frenzy as it stays patient in supporting the economy.The People’s Bank of China (PBOC)...
Federal Reserve’s dovish shift a mixed blessing for Bank of Japan rate hike plan
THE US Federal Reserve’s dovish shift will likely give the Bank of Japan some respite in its battle to tame a weak yen, but could complicate its efforts to...
Long-term prospects of gold are shining bright
SINCE making a sustained break above US$2,000 per ounce in late 2023, gold has not looked back.Despite the recent volatility in global markets with the unwinding of the yen...
Keppel DC Reit sees opportunities in favourable supply-demand environment
AS IT approaches its 10th anniversary, Keppel DC Real Estate Investment Trust (Reit) has grown its assets under management by almost four times, from S$1.1 billion as at end-2015...
