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S-Reits falter as investors weigh possibility of zero rate cuts in 2024
PRICES of Singapore-listed real estate investment trusts (S-Reits) have faced volatile trading in the past two weeks as interest rate expectations adjust following strong inflation data in the US.The...
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
PRICES of Singapore-listed real estate investment trusts (S-Reits) have faced volatile trading in the past two weeks as interest rate expectations adjust following strong inflation data in the US.The...
Thai banks cut rate for some borrowers after push from PM
Thailand’s biggest commercial banks agreed to temporarily lower borrowing costs for vulnerable groups and small businesses, following an appeal by Prime Minister Srettha Thavisin earlier this week. The lenders will...
Thai central bank says holding key rate steady creates ‘policy optionality’
THAILAND’S current policy interest rate settings were robust and can handle future risks to the economy, the central bank said on Wednesday, amid continued pressure from the government to...
First Reit reports 3.2% lower Q1 DPU of S$0.006 amid interest rate, forex headwinds
FIRST Reit’s distribution per unit (DPU) fell by 3.2 per cent to S$0.006 for the first quarter ended Mar 31, as compared to S$0.0062 in the corresponding year-ago period....
Boeing expects slower increase in 787 production rate and deliveries: memo
BOEING expects a slower increase in the production rate and deliveries of its 787 widebody jets as the US planemaker wrestles with supplier shortages “on a few key parts,”...
Global equity funds see surge in outflows as rate cut hopes fade
GLOBAL equity funds saw a jump in outflows in the seven days through Apr 17 as speculation the US Federal Reserve will delay cutting interest rates dampened investor sentiment.
Outflows...
Middle East violence brings fears of rate hikes, inflation back to markets
TO THE higher-ups at the US Federal Reserve, it must feel like a recurring nightmare: an overseas war driving up the price of energy and commodities, just when the...