Real Estate

Tether acquires US0 million stake in US-listed Bitcoin miner Bitdeer
Tether acquires US$100 million stake in US-listed Bitcoin miner Bitdeer
May 31, 2024
STABLECOIN issuer Tether Holdings has acquired a US$100 million stake in Bitdeer Technologies Group, the US-listed Bitcoin miner owned by Chinese billionaire Jihan Wu, with an option to purchase...
Move to faster settlements for US securities has gone smoothly: SEC chair
Move to faster settlements for US securities has gone smoothly: SEC chair
May 31, 2024
THE overhaul of the settlement cycle for US securities has gone smoothly this week, with all trades having settled, US Securities and Exchange Commission chair Gary Gensler said on...
Sembcorp Development adds three industrial parks to its Vietnam portfolio 
Sembcorp Development adds three industrial parks to its Vietnam portfolio 
May 31, 2024
SEMBCORP Development has added three industrial parks in Vietnam to its expanding portfolio of low-carbon industrial parks.Investment licences for VSIP Thai Binh, VSIP Quang Ngai II and Becamex-VSIP Binh...
Sembcorp Development adds three industrial parks to its Vietnam portfolio 
Sembcorp Development adds three industrial parks to its Vietnam portfolio 
May 31, 2024
SEMBCORP Development has added three industrial parks in Vietnam to its expanding portfolio of low-carbon industrial parks.Investment licences for VSIP Thai Binh, VSIP Quang Ngai II and Becamex-VSIP Binh...
Keppel sets sights on senior-living market, opens its first facility in Asia
Keppel sets sights on senior-living market, opens its first facility in Asia
May 31, 2024
KEPPEL Land has officially opened its first senior-living facility in Asia, a project in Nanjing, China that kicks off the company’s expansion plans for the region.  The Nanjing facility...
Aircraft shortages turn into cash bonanza for some airlines
Aircraft shortages turn into cash bonanza for some airlines
May 31, 2024
AIRCRAFT shortages are turning into a moneymaker for some airlines as the dearth of supply allows carriers to sell new planes to leasing companies at much higher prices than...
Foxconn eyes 40% global AI server market share
Foxconn eyes 40% global AI server market share
May 31, 2024
TAIWANESE tech giant Foxconn said on Friday (May 31) that its global market for artificial intelligence (AI) servers is expected to increase to 40 per cent this year, with...
Thai central bank says current inflation goal ‘appropriate’ for economy
Thai central bank says current inflation goal ‘appropriate’ for economy
May 31, 2024
THE Bank of Thailand (BOT) defended its goal to keep inflation within a band of 1 to 3 per cent as “appropriate” for the prevailing economic conditions, after the...
Amazon is expanding US drone service after regulator’s nod
Amazon is expanding US drone service after regulator’s nod
May 31, 2024
AMAZON.COM’S Prime Air drone programme has been cleared by US regulators to fly devices beyond the visual line of sight of pilots, increasing range and giving more customers access...
Mixed inflation data, soft output raise uncertainty on BOJ’s rate-hike timing
Mixed inflation data, soft output raise uncertainty on BOJ’s rate-hike timing
May 31, 2024
CORE consumer inflation in Japan’s capital accelerated in May on rising electricity bills but price growth excluding the effect of fuel eased, data showed on Friday (May 31), heightening...