Real Estate
OUE Reit eyes higher hospitality contribution in growth push
WHILE offices and hotels are both considered commercial assets, they have markedly different operating and investing characteristics. Having a portfolio comprising both types of properties, though, has been a...
Greenback steadies, on track for weekly loss after job growth blowout
THE US dollar strengthened on Friday (Apr 5) but was still set for a weekly loss after data showed US employers hired far more workers than expected in March,...
US: Stocks rally after blowout jobs data
WALL Street stocks rallied Friday (Apr 6), embracing a strong US jobs report and shrugging off concerns about monetary policy and Middle East tensions.The US economy added 303,000 jobs...
Europe: Stoxx 600 at two-week low in broader market decline
AN overall market decline dragged Europe’s benchmark stock index to a more than two-week low on Friday (Apr 5), following hawkish comments from some Federal Reserve officials, a spike...
Japan warns against excessive yen moves, repeats verbal intervention
JAPANESE Prime Minister Fumio Kishida said on Friday (Apr 5) authorities will use “all available means” to deal with excessive yen falls, stressing Tokyo’s readiness to intervene in the...
Japan’s Nikkei slumps in worst week since Dec 2022 as tech tumbles
JAPAN’S Nikkei share average tumbled nearly 2 per cent to a three-week low on Friday (Apr 5), logging its worst week since December 2022, as tech shares slid on...
Singapore-listed semiconductor players expect minimal impact from Taiwan earthquake
SINGAPORE-LISTED semiconductor companies appear insulated from the impact that Wednesday’s (Apr 3) earthquake in Taiwan could have on the broader supply chain. In the wake of the 7.4-magnitude quake...
Director of corporate service provider fined for wrongly declaring individual’s consent to be director of three companies
SINGAPORE’S State Court has fined the director of a corporate service provider (CSP) S$6,500 for misuse of identity in the appointment of a director for three companies. Li Baozhu,...
