Asia
Ascott to open 28 properties in South-east Asia in 2024
ASCOTT, the wholly owned lodging business unit of CapitaLand Investment (CLI), expects to open 28 properties across South-east Asia in 2024. On Monday (Sep 23), Ascott said the new...
Soggy Asia coffee crop means world’s caffeine fix to stay pricey
Any hopes that a flood of coffee exports from Asia’s major growers would take the heat out of a blistering rally that’s pushed robusta prices to the highest since...
Asia: Markets track Wall Street record to extend global rally
ASIAN markets built on Friday on the latest global rally after a jumbo US interest rate cut, while the yen edged up as focus turns to the Bank of...
DBS sees wealth fees doubling by 2027 as the rich head to Asia
DBS Group Holdings aims to double fees from wealth management by 2027 as more of the world’s affluent investors shift their assets to Asia.DBS’ income from servicing rich clients...
Asia tech, real estate sectors to see immediate gains on first Fed rate cut in four years
But longer-term impact on markets might be minimal given uncertainties around the US economySECTORS in the Asian equity markets which are sensitive to interest rates, such as technology and...
Asia: Tokyo surges on weak yen as traders cheer big US rate cut
TOKYO’S Nikkei led Asian markets higher on Thursday as the yen hit a two-week high after the Federal Reserve announced a bumper interest rate cut and pledged a series...
YouTube and Shopee partner in South-east Asia e-commerce tie-up
ALPHABET’S YouTube and e-commerce platform Shopee said on Wednesday (Sep 18) they were launching an online shopping service in Indonesia and planned to expand it in South-east Asia as...
Asia: Markets fluctuate on uncertainty over Fed rate plan
ASIAN markets swung between gains and losses on Wednesday (Sep 18) as traders tried to ascertain how big an expected Federal Reserve interest rate cut would be later in...
