Real Estate
BOJ rate hike on Tuesday is now widely expected after wages jump
BANK of Japan (BOJ) governor Kazuo Ueda and his board have one more day to decide if it is time for the nation’s first interest rate hike in 17...
Singapore stocks open flat on Monday after key exports surprise; STI down 0.04%
SINGAPORE stocks opened relatively unchanged on Monday (Mar 18) morning after data from Enterprise Singapore showed that the country’s non-oil domestic exports fell 0.1 per cent year-on-year in February,...
Boeing’s pain spreads to travellers as airlines cut back on plans
BOEING’S disastrous start to 2024 is spilling over to airlines and their passengers as production delays at the United States planemaker exacerbate an already nascent shortage of single-aisle jets...
New Keppel Infrastructure Trust CEO wants to have his cake and eat it too
DON’T fix what’s not broken – that’s what Kevin Neo, the new chief executive officer of the trustee-manager of Keppel Infrastructure Trust (KIT), believes when it comes to the...
Dasin Retail Trust trustee-manager files suit against former CEO, creditor
DASIN Retail Trust Management (DRTM) has taken legal action against its former chief executive officer Wang Qiu, as well as its creditor Zhang Guiming, following letters of demand from...
The ‘everything rally’ comes to derivatives market
BOND fund managers have so much cash, they are turning to the derivatives market to put it to work – pushing down the cost of protection against defaults close...
S-Reits continue to expand through DPU-accretive acquisitions
THE combined market value of the Singapore Reits and property trusts (S-Reits) sector has grown at a compound annual rate of 6 per cent over the 10 years to...
Ikea plans to spend 300 million euros in South Korea to win market share
SWEDISH furniture maker Ikea plans to spend about 300 million euros (S$437.3 million) in South Korea over the next three years to increase market share in the Asian country....
