Real Estate
RBI’s record US$31.6 billion payout to bolster government finances
A bonanza from the central bank will help meet the government’s 4.4% fiscal deficit target for the current financial yearPublished Fri, May 23, 2025 · 08:21 PM[NEW DELHI] India’s...
Manulife US Reit gets nod to extend asset disposal deadline to Dec 31
[SINGAPORE] The manager of United States office real estate investment trust (Reit) Manulife US Reit (MUST) on Friday (May 23) announced it has received approval from lenders to extend...
Foxconn among potential bidders for Singapore chip assembly firm UTAC in US$3 billion deal: sources
[HONG KONG] Taiwan’s Foxconn is among potential bidders for the Singaporean semiconductor assembly and testing business UTAC Holdings in a deal that could value the company at about US$3...
Outlook for US dollar assets remains stable for now, but investors must watch the market: MAS chief
[SINGAPORE] The outlook for US dollar assets remains stable for the moment although in the near term, the market bears watching, said Monetary Authority of Singapore (MAS) chief Chia...
Deutsche Bank plans SRT deal tied to US$3 billion corporate loans
[BERLIN] Deutsche Bank is selling a significant risk transfer (SRT) linked to a portfolio of US$3 billion in corporate loans, according to people with knowledge of the matter, the...
Yangzijiang Shipbuilding down 5.1% amid steep fall in Q1 order wins
[SINGAPORE] Shares of Chinese vesselmaker Yangzijiang Shibuilding fell on Friday (May 23) as its Q1 order wins plunged to US$300 million, a marked fall from US$3.3 billion in the...
Asia: Stocks bounce back after Treasury-led sell-off
[HONG KONG] Asian equities stabilised on Friday following the previous day’s US bond-fuelled sell-off with traders tracking a slight pullback in Treasury yields as Donald Trump’s signature tax-cutting budget...
Metro sinks into the red with H2 net loss of S$228.1 million on lower revenue
[SINGAPORE] Metro sank into the red for its second half ended March, with a net loss of S$228.1 million, reversing from a S$6.4 million net profit in the previous...
