Real Estate
Why has gold’s inverse relationship with the US dollar reversed?
THE price of gold has long had a close relationship with real interest rates of the US dollar: higher real interest rates in the United States – which usually...
Keppel Reit Q1 net property income rises 7.2% to S$48.2 million
KEPPEL Reit : K71U 0% posted net property income (NPI) of S$48.2 million for the first quarter ended Mar 31, 2024, up 7.2 per cent from S$45 million in...
Stocks to watch: Clar, Keppel Reit, ESR-Logos Reit, Nanofilm, LHN
THE following companies saw new developments that may affect trading of their securities on Tuesday (Apr 23):
US sues to block Coach owner’s US$8.5 billion buyout of Versace parent
THE US Federal Trade Commission (FTC) said Monday it has sued to block fashion group Tapestry’s US$8.5 billion deal to buy Capri, which owns luxury brands including Michael Kors...
Europe: Stocks rebound after last week’s selloff, eyes on earnings and data
EUROPEAN stocks closed higher on Monday, with British blue-chips nearing record levels as investors took comfort from easing tensions in the Middle East and looked ahead to earnings from European banks and...
From airport lounge access to dining deals: How banks can attract customers with travel perks
The global travel industry is witnessing a resurgence, surpassing pre-pandemic levels with an expected 4.7 billion people projected to travel in 2024, according to a December 2023 forecast by...
Malaysia’s Sapura Energy to sell stake in SapuraOMV to TotalEnergies for US$705 million
MALAYSIA’S Sapura Energy will sell its entire 50 per cent stake in oil and gas upstream company SapuraOMV to French energy group TotalEnergies for US$705.3 million, the company said...
China’s state planner warns intensified EV price war on oversupply
CHINA’S state planner expects an intensified price war among automakers of electric cars and plug-in hybrids this year because of overhanging supply, among other issues, the government body said...
Tencent shares climb most in months as blockbuster debuts early
TENCENT Holdings shares staged their biggest rally since February after China’s biggest Internet firm nailed down an earlier-than-anticipated debut of one of the year’s most eagerly-awaited mobile games.Tencent set...
‘Heavy congestion’ in South-east Asia transhipment ports prompts feeder operators to levy surcharge
A GROUP of Asian feeder operators is imposing an emergency cost recovery surcharge to mitigate the “significant increase” in operational costs arising from “heavy congestion” at major transhipment ports...