Real Estate
Baltic Exchange Shipping Insights
Capesize
THE Capesize market experienced an eventful week despite starting off quietly with the BCI 5TC dropping by $409 to $25,650 on Monday. However, the market turned around midweek with...
Healthcare S-Reits stay defensive with robust fundamentals
THE healthcare sector is often viewed as defensive with growth opportunities, supported by long-term demographic and socio-economic trends. JLL’s latest Healthcare Real Estate Outlook report also identified that healthcare-related...
Oil eases on weak US fuel demand, profit taking
OIL prices fell on Friday as investors weighed weak US fuel demand and took some money off the table at quarter-end, while key inflation data for May boosted the chances...
Nike sinks as gloomy sales forecast fans growth concerns
NIKE shares slumped 18.6 per cent in early trade on Friday (Jun 28) as a forecast for a surprise drop in annual sales amplified investor concerns about the pace...
Red Sea attacks drove 90% decline in container shipping, US spies say
HOUTHI attacks on commercial vessels in the Red Sea led to a 90 per cent decline in container shipping through the area between December 2023 and February 2024, US...
Billionaire Carlos Slim ramps up oil bets amid buying spree
Carlos Slim, Latin America’s wealthiest man, is boosting oil and gas bets through stakes he holds in US energy firms and increasing his exposure in Mexico, where he partners...
Apple’s China iPhone shipments jump 40% after steep discounts
APPLE’S iPhone shipments in China rose 40 per cent in May, off the previous month’s pace of growth despite heavy discounting by major retailers in the weeks leading up...
Large-cap stocks lead decline in Singapore market; STI down 0.3%
SINGAPORE shares ended lower on Friday (Jun 28), led by declines in large-cap counters on the benchmark index.The Straits Times Index (STI) fell 0.3 per cent or 10.55 points...
