Real Estate
Private credit’s default recovery rates are worse than its biggest rival
THE dangers of private credit firms overvaluing their own assets has become one of the booming US$1.7 trillion industry’s most contentious topics in recent weeks. New data on how...
Steady Fed outlook boosts stock market’s hopes for coveted ‘soft landing’
A US stock market perched at record highs received an encouraging message from the Federal Reserve, after the central bank stuck with its rate cut projections for 2024 despite...
Singapore shares rally after US Fed commits to rate cuts
SINGAPORE shares rallied after the US Federal Reserve overnight made clear its commitment to three rate cuts, putting the flattish performance in the past few days behind them. The...
Funds sell Indonesian bonds on fiscal fears, free lunch pledge
INTERNATIONAL investors have become skittish over Indonesian bonds as election pledges have spurred burgeoning budgetary fears and a possible spending spree. Global funds have withdrawn US$1.1 billion from Indonesian...
Japan Airlines says buying 32 Airbus, 10 Boeing planes
JAPAN Airlines (JAL) said on Thursday (Mar 21) that it is buying 32 new aircraft from Airbus and 10 from Boeing in orders likely worth billions of dollars. The...
Lower LNG prices trigger surge in Asian spot market purchases
PRICE sensitive liquefied natural gas (LNG) buyers from China, India and parts of South-east Asia are snapping up more spot shipments of the fuel to power industries and generate...
Chinese policymakers in wait-and-see mode on easing, report says
CHINA’S monetary policymakers are in an “observation period” after the economy showed a strong start to 2024, according to state media, a signal the central bank will not adjust...
Hot stock: Riverstone up 8.9% amid heavy trading
SHARES of Riverstone Holdings were up as much as 8.9 per cent to S$0.84 during Thursday’s (Mar 21) earning trading. The last time the counter closed near the level...
