Real Estate
Australia’s Westpac profit rises as margin pressure shows signs of easing
WESTPAC Banking’s profit edged higher as pressure on margins eased and mortgage lending grew faster than the wider industry, offsetting a fragile outlook for the nation’s economy. Unaudited net...
Goldman cuts US recession risk following retail sales, jobs data
GOLDMAN Sachs Group economists lowered the probability of a US recession in the next year to 20 per cent from 25 per cent, citing last week’s retail sales and...
Gold tops US$2,500 for first time on outlook for lower rates
Gold topped US$2,500 an ounce for the first time, bolstered by hopes that the US Federal Reserve is edging closer to cutting interest rates. Spot bullion climbed as much...
US: Wall Street slips at open after strong run, weak housing starts data
Wall Street’s main indexes opened lower on Friday (Aug 16) after a weak housing starts report dampened sentiment after the S&P 500 and the Nasdaq’s six-straight sessions of gains...
Centurion upbeat on strong student dorm demand, bed shortage in key study destinations
An analyst says the specialised accommodation operator’s strong rental reversions could be a catalyst for a re-rating of the counterMAINBOARD-LISTED Centurion Corporation expects the demand for purpose-built student accommodation...
Singapore stocks open Friday higher on surprise exports surge; STI up 1%
SINGAPORE shares soared at the opening bell on Friday (Aug 16) after non-domestic exports far exceeded economists’ estimates to climb 15.7 per cent in July, as both electronics and...
Millennium opens Singapore office as Asia credit trading soars
MILLENNIUM Advisors has expanded its trading and sales operations into Asia to take advantage of surging demand for electronic trading and US dollar bonds in the region.The US-based trading...
Fed chair Powell to headline next week’s Jackson Hole meet
FEDERAL Reserve chair Jerome Powell is scheduled to deliver remarks on the economic outlook next Friday (Aug 23), the first full day of the Kansas City Fed’s annual economic...
