Real Estate
Bank of Korea warns of housing, debt risks as easing continues
[SEOUL] Persistent housing price gains, particularly in the Seoul metropolitan area, could accelerate debt accumulation in South Korea and pose risks to financial stability, threatening a financial system that...
Australia’s Star casino shareholders approve A$300 million rescue package
[SYDNEY] Star Entertainment Group’s shareholders approved on Wednesday (Jun 25) an A$300 million (S$250 million) rescue package that will allow the embattled Australian casino group to remain operational, according...
Gold prices flat as fragile Iran-Israel ceasefire tempers safe-haven demand
[BENGALURU] Gold prices held their ground on Wednesday (Jun 25) as a tentative ceasefire between Iran and Israel dampened safe-haven demand, though a weaker US dollar and bargain-hunting after...
Stocks to watch: Sembcorp Industries, ST Engineering, Frasers Centrepoint Trust
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 25):Sembcorp Industries: The company’s wholly owned subsidiary, Sembcorp Financial Services, announced the issuance...
Target explores factory-direct shipping model used by Temu
[CHICAGO] Target is testing the delivery of products directly to customers’ homes from factories, said sources familiar with the matter, an effort by the big-box retailer to launch a...
Daiwa plans 100 billion yen real estate fund as Japan market booms
[TOKYO] Daiwa Securities Group plans to launch a real estate fund with two partners, tapping investor demand for a piece of Japan’s booming property market.The Japanese brokerage will collaborate...