Technology
Singapore container ship logjam spills over to Malaysian port
The maritime logjam is caused by ships avoiding the Suez Canal and Red Sea due to attacks by Houthi rebelsContainer ship congestion in Singapore, one of Asia’s busiest ports,...
Frasers Property bags S$904 million sustainability-linked loan
Five-year facility will be used to refinance existing loans and for working capitalFRASERS Property’s wholly owned subsidiary, Frasers Property Treasury, has secured a dual-tranche, sustainability-linked loan aggregating about S$904...
Slumping freight rates telegraph warning on Asian crude demand
THE cost of shipping crude oil along key routes to Asia is slumping as supertankers take shorter trips and demand softens in China.Freight rates for a Very Large Crude...
Ascott ties up with Chelsea FC as it looks to deepen European presence
ASCOTT, the wholly-owned lodging business unit of CapitaLand Investment (CLI), has inked a multi-year partnership with Chelsea Football Club (Chelsea FC) as part of its push to deepen its...
Thailand’s central bank head says stronger growth needed
THAILAND’S economic recovery is uneven and stronger growth is needed, Bank of Thailand Governor Sethaput Suthiwartnarueput told a seminar on Tuesday.Sethaput said Thailand’s potential economic growth rate of about...
Bank of Japan sounds out market players before finalising bond-buying cuts
THE Bank of Japan (BOJ) will speak face-to-face with market participants over the next couple of days in key meetings aimed at gauging a realistic pace for a reduction...
PBOC could mull letting yuan go without huge crash, survey shows
CHINA could let its tight grip on the yuan go without triggering a sustained market disruption, according to the majority of respondents in a Bloomberg survey of analysts and...
China’s PBOC keeps gold buying on hold for second month
GOLD fell after its biggest weekly advance in three months, with central bank purchases and European equities in focus.Bullion traded near US$2,359 an ounce after rallying by almost 3...
