Real Estate
Julius Baer names new group head of South-east Asia
JULIUS Baer has appointed Malcolm Tay as group head of South-east Asia, a newly created role based in Singapore, it said on Monday (Mar 4). He joins the bank...
Japan’s Nikkei 225 breaches key 40,000 level for the first time
JAPAN’S Nikkei 225 Stock Average climbed above the psychological level of 40,000 for the first time, opening the door to further gains in its historic rally. The blue-chip gauge...
Olam Agri acquires feed producer in Senegal for 17 million euros
OLAM Group’s 64.5 per cent-owned subsidiary Olam Agri has acquired Avisen, a major feed supplier in Senegal, for 17 million euros (S$24.8 million), the group said on Monday (Mar...
Elite Commercial Reit secures £135 million debt facilities
ELITE Commercial Real Estate Investment Trust (Reit) has obtained a committed offer for debt facilities of up to £135 million (S$229.7 million) from a group of financial institutions. At...
Investors raise Macy’s buyout bid: WSJ
AN INVESTOR group seeking to buy Macy’s is raising its offer by nearly US$1 billion after the department store chain rebuffed its prior proposal as too low, the Wall...
China barred from buying US oil reserves in funding bill
CHINA would be barred from buying oil from the United States’s emergency stockpiles under a provision included in must-pass government funding legislation unveiled on Sunday (Feb 3). Republican critics...
CSI 300 expected to continue further recovery
CHINESE stocks have seen a recovery since early February, erasing the losses incurred during a bearish January when the CSI 300 Index hit a five-year low. This recovery came...
Oil-sector risks mount amid higher demand-and-supply uncertainty
OIL prices may have pulled back from their recent highs, but observers warned that more risks await the industry against a backdrop of uncertainty related to the commodity’s demand...
