Interest

Swiss National Bank surprises with quarter point interest rate cut
Swiss National Bank surprises with quarter point interest rate cut
March 21, 2024
THE Swiss National Bank cut its main interest rate by 25 basis points to 1.5 per cent on Thursday (Mar 21), a surprise move which made it the first...
FCT’s inclusion in STI a reminder to investors that quality matters amid higher interest rates
FCT’s inclusion in STI a reminder to investors that quality matters amid higher interest rates
March 19, 2024
EARLIER this week, Frasers Centrepoint Trust (FCT) replaced Philippine spirits maker Emperador as one of the 30 components of the Straits Times Index (STI). This brings the number of...
Frasers Hospitality Trust not acquiring interest in Capri by Fraser at Changi City from sponsor
Frasers Hospitality Trust not acquiring interest in Capri by Fraser at Changi City from sponsor
March 19, 2024
FRASERS Hospitality Trust (FHT) will not be acquiring interests in Capri by Fraser at Changi City from its sponsor, Frasers Property, its managers said in a bourse filing on...
All eyes on whether US Federal Reserve will make explicit promise to cut interest rates
All eyes on whether US Federal Reserve will make explicit promise to cut interest rates
March 19, 2024
THE mood swings of the world’s financial markets could continue if there is any ambiguity in US Federal Reserve chairman Jerome Powell’s statements this week at the end of...
Singapore stocks end flat on Monday ahead of Fed interest rate announcement
Singapore stocks end flat on Monday ahead of Fed interest rate announcement
March 18, 2024
SINGAPORE’S benchmark Straits Times Index (STI) closed flat on Monday (Mar 18) ahead of the US central bank’s policy decision mid-week. The gauge was down 1.03 points or 0.03...
Japan on cusp of ending its negative interest rates experiment
Japan on cusp of ending its negative interest rates experiment
March 15, 2024
THE Bank of Japan is close to ending eight years of negative interest rate policy, with expected historical wage hikes heightening the prospect of a landmark shift away from...
FLCT to acquire 89.9% interest in 4 logistics assets in Germany from sponsor
FLCT to acquire 89.9% interest in 4 logistics assets in Germany from sponsor
March 15, 2024
FRASERS Logistics and Commercial Trust (FLCT) is acquiring an 89.9 per cent interest in four logistics assets in Germany from its sponsor, Frasers Property. On Friday (Mar 15), FLCT...
FLCT to acquire 89.9% interest in 4 logistics assets in Germany from sponsor for 118.7 million euros
FLCT to acquire 89.9% interest in 4 logistics assets in Germany from sponsor for 118.7 million euros
March 15, 2024
FRASERS Logistics and Commercial Trust (FLCT) is acquiring an 89.9 per cent interest in four logistics assets in Germany from its sponsor, Frasers Property. On Friday (Mar 15), FLCT...
SGX to offer interest rate derivatives on Singapore, Tokyo benchmarks
SGX to offer interest rate derivatives on Singapore, Tokyo benchmarks
March 11, 2024
SINGAPORE Exchange (SGX Group) will launch short-term interest rate futures linked to the Singapore Overnight Rate Average (Sora) and Tokyo Overnight Average Rate (Tona) for hedging and trading fluctuations...
TA Corp receives buying interest for New World Centre units for S million
TA Corp receives buying interest for New World Centre units for S$43 million
March 10, 2024
TA Corporation said on Sunday (March 10) that it has received a letter of intent from a third-party purchaser which is interested in buying various units of New World...