Real Estate

Reit ETFs see 40% AUM growth in past year as S-Reits regain appeal
Reit ETFs see 40% AUM growth in past year as S-Reits regain appeal
July 20, 2025
[SINGAPORE] Over the past 12 months, Singapore-listed real estate investment trust (Reit) exchange-traded funds (ETFs) have seen more than S$300 million in net new inflows, reflecting continued investor demand....
Microsoft to stop using engineers in China for tech support of US military, Hegseth orders review 
Microsoft to stop using engineers in China for tech support of US military, Hegseth orders review 
July 19, 2025
[SAN FRANCISCO] Microsoft on Friday said it will stop using China-based engineers to provide technical assistance to the US military after a report in investigative journalism outlet ProPublica sparked...
Trump signs stablecoin law as crypto industry aims for mainstream adoption
Trump signs stablecoin law as crypto industry aims for mainstream adoption
July 18, 2025
[WASHINGTON] US President Donald Trump on Friday signed a law to create a regulatory regime for dollar-pegged cryptocurrencies known as stablecoins, a milestone that could pave the way for...
Oil steadies as mixed US economic and tariff news offset new Russia sanctions
Oil steadies as mixed US economic and tariff news offset new Russia sanctions
July 18, 2025
[NEW YORK] Crude oil futures were little changed on Friday on mixed US economic and tariff news and worries about oil supplies following the European Union’s latest sanctions against Russia for its war...
US: Wall Street opens higher as investors weigh data, earnings
US: Wall Street opens higher as investors weigh data, earnings
July 18, 2025
Published Fri, Jul 18, 2025 · 09:43 PM[NEW YORK] Wall Street opened higher on Friday (Jul 18), with investors weighing a week of mixed economic signals and earnings reports,...
Lum Chang Creations’ public offer of 1 million shares 47.3 times oversubscribed
Lum Chang Creations’ public offer of 1 million shares 47.3 times oversubscribed
July 18, 2025
[SINGAPORE] Lum Chang Creations (LCC) has drawn strong investor interest for its initial public offering (IPO), with one million offer shares about 47.3 times oversubscribed by retail investors. By...
UOB awarded S.7m in civil suit against Lippo Marina Collection over inflated housing loans
UOB awarded S$17.7m in civil suit against Lippo Marina Collection over inflated housing loans
July 18, 2025
[SINGAPORE] UOB has been awarded S$17.7 million in claims against Indonesian developer Lippo Marina Collection (LMC) and two property agents, Goh Buck Lim and Ms Aurellia Ho, in a...
HSBC disbands team focused on managing geopolitical risks
HSBC disbands team focused on managing geopolitical risks
July 18, 2025
Published Fri, Jul 18, 2025 · 05:04 PM[LONDON] HSBC Holdings is disbanding a team of staffers that were focused on identifying and managing geopolitical risk even as the possibility...
ECB may wait until December to make final rate cut: survey
ECB may wait until December to make final rate cut: survey
July 18, 2025
[FRANKFURT] The European Central Bank (ECB) can delay its final interest-rate cut until December without investors concluding in the meantime that easing is over, a Bloomberg survey of economists...
Trump’s U-turn on Nvidia spurs talk of grand bargain with China
Trump’s U-turn on Nvidia spurs talk of grand bargain with China
July 18, 2025
[BEIJING] Only a few years ago, the Biden administration declared export controls a “new strategic asset” to help the US maintain “as large a lead as possible” over China...