Real Estate
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...
Oil rises nearly 2% on upbeat US economic data, geopolitical tension
OIL prices gained more than US$1 a barrel on Thursday (Aug 15) after United States economic data allayed fears of recession in the world’s biggest economy, although the rally...
Alibaba’s revenue misses estimates in a blow to revival effort
ALIBABA Group Holding posted a disappointing 4 per cent rise in revenue, after aggressive promotions and new shopping features failed to drive spending in a patchy Chinese consumer environment.The...
David Yong from Netflix’s ‘Super Rich in Korea’ handed fourth fraud charge, granted S$1 million bail
DAVID Yong, chief executive of Evergreen Group Holdings, was on Thursday (Aug 15) slapped with a new charge under Section 477A of the Penal Code, related to falsification of...
