Real Estate

Oil prices drop 6% as Israel-Iran ceasefire reduces Middle East supply risk
Oil prices drop 6% as Israel-Iran ceasefire reduces Middle East supply risk
[NEW YORK] Oil prices fell 6 per cent on Tuesday (Jun 24) to settle at a two-week low, on expectations the ceasefire between Israel and Iran will reduce the...
Income Insurance to explore other share liquidity options after scuppered Allianz deal: departing chairman Ronald Ong
Income Insurance to explore other share liquidity options after scuppered Allianz deal: departing chairman Ronald Ong
[SINGAPORE] Income Insurance is “keeping its options open” over various share liquidity options, which could include a share-buyback programme, said its retiring chairman Ronald Ong at the insurer’s annual...
Big US banks expected to ace stress tests, boost dividends
Big US banks expected to ace stress tests, boost dividends
[NEW YORK] The biggest US lenders are expected to clear the Federal Reserve’s annual health check this year, showing they have ample capital that can be used to boost...
Indonesia’s sovereign wealth fund Danantara loans US5 million to flag carrier Garuda
Indonesia’s sovereign wealth fund Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jetsPublished Tue, Jun 24, 2025 · 05:33 PM[JAKARTA]...
Toyota crashes Indonesia’s used-car party with 0m bet
Toyota crashes Indonesia’s used-car party with $120m bet
It’s an alliance everyone saw coming.After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for the country’s used-car market. The Japanese automaker shelled out US$120 million for...
Jensen Huang starts selling Nvidia stock under US5 million plan
Jensen Huang starts selling Nvidia stock under US$865 million plan
Published Tue, Jun 24, 2025 · 10:05 AMNVIDIA Corp chief executive officer Jensen Huang has started selling the chipmaker’s stock, his first transactions under a plan that allows him...
Stoneweg European Business Trust invests 50 million euros in fund with early-stage data centre sites
Stoneweg European Business Trust invests 50 million euros in fund with early-stage data centre sites
They will be 225 hectares in total size located in Ireland, Spain, Italy, and Denmark[SINGAPORE] Stoneweg European Business Trust announced on Tuesday (Jun 24) that it has made a...
US Fed official says open to July interest rate cut
US Fed official says open to July interest rate cut
[WASHINGTON] A key US central bank official called on Monday for an interest rate cut as early as July if inflation effects from President Donald Trump’s sweeping tariffs remain...
US: Stocks rally as crude prices fall sharply
US: Stocks rally as crude prices fall sharply
Published Tue, Jun 24, 2025 · 06:12 AM[NEW YORK] Wall Street stocks rose on Monday as markets shrugged off Iran’s response to the weekend US military strike while petroleum-related equities plummeted...
MAS turns down ex-NTUC Income CEO’s request to meet chairman Gan Kim Yong over Allianz matter
MAS turns down ex-NTUC Income CEO’s request to meet chairman Gan Kim Yong over Allianz matter
[SINGAPORE] The Monetary Authority of Singapore (MAS) said on Monday (Jun 23) that it has rejected former NTUC Income chief executive Tan Suee Chieh’s request to meet chairman Gan Kim...