Real Estate

Bank of England keeps rates steady, sees further loosening as jobs market weakens
Bank of England keeps rates steady, sees further loosening as jobs market weakens
June 19, 2025
[LONDON] The Bank of England held interest rates at 4.25 per cent as expected on Thursday (Jun 19) but said it was focused on risks from a weaker labour...
Weaker greenback raises risk of currency mismatch for Asian insurers holding USD assets
Weaker greenback raises risk of currency mismatch for Asian insurers holding USD assets
June 19, 2025
[SINGAPORE] A mismatch between the currencies in which insurers’ assets and liabilities are held can put pressure on their capital and ability to fulfil the liabilities.This is the issue...
Indonesia central bank makes market intervention after rupiah depreciation
Indonesia central bank makes market intervention after rupiah depreciation
June 19, 2025
Published Thu, Jun 19, 2025 · 05:17 PM[JAKARTA] Indonesia’s central bank intervened in the foreign exchange market in a measured way on Thursday (Jun 19), an official said, after...
Swiss National Bank cuts interest rate to zero in effort to stop franc inflows
Swiss National Bank cuts interest rate to zero in effort to stop franc inflows
June 19, 2025
[ZURICH] The Swiss National Bank (SNB) cut its interest rate to zero, seeking to deter investors from pushing up the franc.The quarter-point reduction on Thursday (Jun 19) is the...
SingPost puts up 10 HDB shophouses for S million in sale-and-leaseback bid
SingPost puts up 10 HDB shophouses for S$50 million in sale-and-leaseback bid
June 19, 2025
[SINGAPORE] National postal service provider Singapore Post (SingPost) has put up 10 Housing & Development Board (HDB) shophouses for sale and leaseback, The Business Times understands.These properties, distributed across...
Hong Kong Monetary Authority says outlook for local currency uncertain
Hong Kong Monetary Authority says outlook for local currency uncertain
June 19, 2025
The city’s de-facto central bank has made the comments in response to the US Federal Reserve’s overnight decision to keep rates unchangedPublished Thu, Jun 19, 2025 · 02:13 PM[HONG...
Latest Singapore six-month T-bill cut-off yield falls to 2%
Latest Singapore six-month T-bill cut-off yield falls to 2%
June 19, 2025
It is the seventh consecutive issuance since Mar 26 for which yields have declined[SINGAPORE] The cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) inched down to 2 per...
US recovers US5 million stolen in crypto scam
US recovers US$225 million stolen in crypto scam
June 19, 2025
Published Thu, Jun 19, 2025 · 12:15 PM[NEW YORK] The US government said on Wednesday it recovered US$225 million in the largest seizure yet of money stolen in a...
Bank of Japan’s gloomy projections suggest no rate hike this year: ex-top economist
Bank of Japan’s gloomy projections suggest no rate hike this year: ex-top economist
June 19, 2025
[TOKYO] The Bank of Japan is likely to hold off raising interest rates this year unless a dramatic, positive turn of events in US tariffs allows it to overhaul...
Australia: Shares hit 2-week low as miners, gold stocks fall; Fed holds rate
Australia: Shares hit 2-week low as miners, gold stocks fall; Fed holds rate
June 19, 2025
Published Thu, Jun 19, 2025 · 10:09 AMAUSTRALIAN shares hit a two-week low in early trade on Thursday, weighed down by miners and gold stocks as the US Federal...