Real Estate
US dollar firm as traders awaits Fed clues; sterling steadies
THE greenback rose on Wednesday (May 22) as investors awaited Federal Reserve meeting minutes for insight into the central bank’s interest rate path, while the pound steadied after climbing...
LVMH deepens partnership with Alibaba to boost tech presence in China
FRENCH luxury group LVMH will deepen its partnership with Alibaba to leverage the firm’s cloud and artificial intelligence capacities and boost its presence in China, the companies said on...
Bank Indonesia keeps rate steady after surprise hike in April
[JAKARTA] The recent stability of the rupiah has provided Indonesia’s central bank with the leeway to maintain its benchmark interest rate on Wednesday (May 22), following an unexpected hike...
Japan’s 10-year yield hits more than decade high of 1% as BOJ bets build
JAPAN’S 10-year government bond yield rose to an 11-year high of 1 per cent on Wednesday (May 22) amid mounting bets for further Bank of Japan (BOJ) policy tightening...
China’s ultra-long special bonds surge on exchange debut, triggering suspensions
THE first batch of China’s one-trillion-yuan (S$186 billion) ultra-long special treasury bonds, which debuted on Wednesday (May 22), surged more than 20 per cent on the Shanghai and Shenzhen...
Amazon says it has not halted any Nvidia chip orders
May 21 (Reuters) - Amazon.com’s cloud services unit said on Tuesday (May 21) that it has not halted any orders of Nvidia’s most advanced chip on the market, but...
Aramco, Japanese banks sign agreements at Saudi-Japan summit
COMPANIES including oil producer Saudi Aramco and Mizuho Financial Group inked agreements at a business forum hosted by Saudi Arabia and Japan on Tuesday (May 21) in Tokyo aimed...
Court dismisses appeal by Sabana Reit’s tenant over outstanding rent
THE Singapore High Court has dismissed an appeal by Sabana Industrial Reit’s former tenant Kleio One-Solution over outstanding rent and other payments due under the lease.
