Real Estate
The post-Covid run in hospitality Reits may look tired but don’t discount it getting a second wind
IT HAS been tough times for Singapore-listed real estate investment trusts (S-Reits), as high interest rates continue to weigh on distributions and investor sentiment remains dour amid the macroeconomic...
US broadband providers to begin providing new comparison labels
MAJOR US broadband Internet providers must start displaying information similar to nutrition labels on food products to help consumers shop for services starting on Apr 10, under new rules...
AI can write, but is it any good at picking stocks?
WITH its potential to boost productivity across multiple industries, artificial intelligence (AI) is the stock market investment theme of the year. But if you ask traders how AI is...
Yen close to intervention levels, dollar gains before Fed meet
THE greenback edged up while the yen hit a fresh multi-month low versus the US dollar on Wednesday (Mar 20), ahead of a Federal Reserve policy meeting and after...
Unilever said to weigh sale of water purification unit Truliva in China
UNILEVER is considering selling its majority stake in Qinyuan Group, a Chinese maker of water purification equipment that it acquired for an undisclosed sum in 2014, according to people...
Dutch court finds KLM ads misleading in greenwashing case
A DUTCH court ruled on Wednesday (Mar 20) that KLM misled customers with an advertising campaign aimed at improving the company’s environmental image, in a case of so-called greenwashing....
Philippine central bank says its policy decisions not dependent on Fed’s
THE Philippine central bank said on Wednesday (Mar 20) it is “closely” watching the US Federal Reserve’s actions, but its own monetary policy decisions are not dependent on what...
Zombie Chinese EV makers resurrected in ‘productive force’ push
AT LEAST three defunct Chinese electric vehicle (EV) makers are getting a new lease on life after the industry was touted as a “new productive force” – a slogan...