Real Estate
US home insurance premiums may hit a record this year
US HOME insurance rates are expected to reach a record high this year, with the biggest increases occurring in states prone to severe weather events, according to a new...
China’s ICBC to provide 300-billion yuan in tourism financing
THE Industrial & Commercial Bank of China (ICBC) will offer 300-billion yuan (S$56.1 billion) in financing to boost the nation’s tourism sector amid sluggish consumer spending in the world’s...
Germany’s BMW, India’s Tata Tech to jointly develop auto software
BMW Group and Tata Technologies will form a joint venture to develop automotive software for the German luxury carmaker, the Indian engineering services company said on Tuesday (Apr 2).India...
First money laundering accused to plead guilty jailed 13 months
SU WENQIANG, one of the 10 foreign nationals embroiled in the over S$3 billion money laundering case, was sentenced to 13 months’ jail on Tuesday (Apr 2), the first...
RBA to switch to new system for monetary policy implementation
AUSTRALIA’S central bank will switch to a new system for the implementation of monetary policy as passive quantitative tightening leads to a decline in reserves in the banking system,...
Stocks to watch: Isetan Singapore, Best World, UOB
THE following companies saw new developments that may affect trading of their securities on Tuesday (Apr 2):Isetan Singapore : I15 0%: Japan’s Isetan Mitsukoshi is proposing to privatise mainboard-listed...
Cocoa hits record even with hedge funds least bullish since 2022
MONEY managers have slashed their bullish bets on cocoa to the lowest in 17 months, a sign that commercial traders have played a key role in the rally that...