Real Estate
Bank of Japan warns of potential hit to lenders from rising rates
Japanese financial institutions’ profitability has decreased significantly in the past 25 years, making them vulnerable to potential losses from any sharp rises in interest rates, the central bank said...
Singapore startup Carro first to tap US$1 billion HSBC Asean Growth Fund
The S$75 million multi-currency loan diversifies Carro’s funding channel, particularly in Malaysia SINGAPORE startup Carro announced on Thursday (Jun 20) that it signed a S$75 million multi-currency loan with...
Guzman Y Gomez shares jump 37% in biggest Australian IPO this year
MEXICAN food chain Guzman Y Gomez served up Australia’s best initial public offering debut in three years with its shares leaping more than one-third on their first trading day...
Philippine peso skids on dollar’s strength
The Philippine peso weakened against the dollar on Thursday (Jun 20) to hit a 10-day low and lead a broader decline in Asian currencies, reflecting expectations policymakers would cut...
Nasdaq boosts scrutiny of investors in IPOs from China, Hong Kong
NASDAQ is once again increasing scrutiny of small initial public offerings (IPOs) from China and Hong Kong to avoid a repeat of the wild swings that followed a handful...
Chinese banks hold lending rates following PBOC’s caution
CHINESE banks maintained their benchmark lending rate for a 10th straight month, as pressure on the yuan restricts policymakers’ space for easing.The one-year loan prime rate (LPR) was maintained...
Meituan’s worst-to-first stock rally has street looking for more
AFTER pulling an about-face to become one of the best-performing technology stocks in China this year, Meituan may be primed for further gains on easing competition and improving profitability.Analysts...
Australia regulator raises concerns over Olam’s A$145 million bid for Namoi Cotton
AUSTRALIA’S competition regulator said on Thursday (Jun 20) the proposed acquisition of Namoi Cotton by Singapore’s Olam Agri for A$145 million (S$131 million) raised competition concerns in the supply...
