Interest
CLI to acquire initial 40% interest in SC Capital Partners for S$280 million
CAPITALAND Investment (CLI) has agreed to buy an initial 40 per cent stake in Singapore-headquartered real estate investment manager, SC Capital Partners, for S$280 million.The deal is slated to...
Dutch lender ABN Amro’s Q3 profit beats estimates on strong interest income, fees
ABN Amro reported a smaller-than-expected fall in third-quarter profit on Wednesday (Nov 13), driven by sustained improvement in net interest income (NII) and strong performance of fees, the Dutch...
CapitaLand Ascott Trust’s divestments could help it buffer against higher-for-longer interest rate scenario
It should seize opportunities available in market, as long as exit yields remain favourableTHE managers of CapitaLand Ascott Trust (Clas) have announced a flurry of divestments for the lodging...
Quick takes: What Trump’s win means for Asia markets, currencies and interest rates
MANY parts of global markets rallied massively as Donald Trump decisively won the US election on Wednesday (Nov 6).US stocks soared, the dollar strengthened against many major currencies, while...
Gold ETFs shine on rising interest from the West
Rate cuts by central banks reducing opportunity cost of holding the precious metal GOLD has long been a favourite among Asian investors. Now, rising interest in gold exchange-traded funds...
China central bank chief flags more interest rate cuts
CHINA’S central bank governor said on Friday (Oct 18) the reserve requirement ratio for commercial lenders could be cut further by 25 to 50 basis points by the year-end...
Europe: Shares close higher after ECB lowers interest rates
EUROPEAN stocks closed less than 1 per cent away from record high levels on Thursday (Oct 17) after the European Central Bank (ECB) delivered a widely expected 25-basis-point rate...
S-Reits earnings, DPU likely to decline in Q3 despite interest rate cut
HIGHER interest costs are expected to continue weighing down the earnings and distribution per unit (DPU) of Singapore-listed real estate investment trusts (S-Reits) in the last quarter, despite the...
