Real Estate

EUR/USD expected to see continued upward momentum
EUR/USD expected to see continued upward momentum
The EUR/USD pair has recently exhibited significant price movements, marking a potential trend shift after a prolonged period of consolidation. The weekly chart reveals a notable breakout from a...
South-east Asia insurtech deals jump over 4 times to US.35 billion in 2023 despite fewer transactions: EY
South-east Asia insurtech deals jump over 4 times to US$2.35 billion in 2023 despite fewer transactions: EY
DEALS in the insurance and technology (insurtech) sector in South-east Asia recorded a total value of US$2.35 billion in 2023, up from US$538 million in 2022, indicated a report...
Keppel DC Reit sees opportunities in favourable supply-demand environment
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...
Industrial Reits maintain resilience despite sector’s slowdown
Industrial Reits maintain resilience despite sector’s slowdown
IN JTC’s latest market report for the second quarter of 2024, it noted that industrial rents rose 1 per cent quarter on quarter, recording the slowest rate of increase...
Oil climbs over 2% after Fed’s Powell indicates US rate cuts
Oil climbs over 2% after Fed’s Powell indicates US rate cuts
US light crude oil gained more than 2 per cent a barrel on Friday (Aug 23) after comments by US Federal Reserve chair Jerome Powell indicated the central bank...
US dollar falls after Powell greenlights September easing
US dollar falls after Powell greenlights September easing
THE dollar fell and sterling rose to its highest in more than two years on Friday (Aug 23) after Federal Reserve chair Jerome Powell gave an unambiguous signal that...
Bank of England’s Bailey says inflation pressure is on the wane
Bank of England’s Bailey says inflation pressure is on the wane
BANK of England governor Andrew Bailey said on Friday (Aug 23) he thought inflation pressure in Britain’s economy was becoming less stubborn than in recent years, but it was...
Indonesia approves development plan for Eni’s Geng North gas project
Indonesia approves development plan for Eni’s Geng North gas project
INDONESIA has approved a development plan for the first phase of the Geng North gas field operated by Italy’s Eni in the Makassar Strait, the upstream oil and gas...
Sembcorp resumes operations of Myanmar power plant
Sembcorp resumes operations of Myanmar power plant
SEMBCORP Industries has resumed operations of the company’s Myingyan Independent Power Plant in Mandalay, Myanmar. In a bourse filing on Friday (Aug 23), the company said that this follows...
HSBC to double UK wealth business as banks target ‘mass affluent’
HSBC to double UK wealth business as banks target ‘mass affluent’
HSBC aims to double the assets under management (AUM) in its British wealth business to £100 billion (S$171.5 billion) in the next five years, the division’s head told Reuters,...