Explainer-What the BOJ’s reduced bond buying will mean for markets
TOKYO : The Bank of Japan (BOJ) is expected to unveil details of a quantitative tightening (QT) plan at its monetary policy meeting next week, [more]
Riding the winds of change: Singapore companies seize offshore wind opportunities in the UK
Subscribe from S$9.90/monthSUBSCRIBERSThe Republic’s marine capabilities are charting new waters in the North Sea’s offshore wind marketElysia Tan Published Fri, Jul 26, 2024 · 02:00 [more]
Petronas, Enilive and Euglena to develop biorefinery in Malaysia’s Pengerang
Advertisement Business FILE PHOTO: The logo of Malaysian energy group National Petroleum Limited, commonly known as PETRONAS, is displayed at their booth during the LNG [more]
VinFast delays launch of US factory, revs up debut of Asian plants
Its move comes amid a price war in the EV market and the rise in China-made EVs, among other factors. Analysts say the pivot is [more]
The Bank of England gets a positive hint about rate cuts from service prices
SOME of the United Kingdom price indicators the Bank of England (BOE) is watching closely for signs of lingering inflation are flashing a green light [more]
Singapore private home rentals fall for third straight quarter
PRICES MODERATE FURTHERURA's real estate statistics for the second quarter of this year also showed that private residential prices rose at a slower pace of [more]
China’s made-in-Europe EVs pose new threat to region’s carmakers
CHINA’S electric carmakers are expanding in Europe to blunt the impact of tariffs meant to weaken their price advantage over the region’s ailing legacy manufacturers.With [more]
Singapore’s factory output turns negative with 3.9% fall in June, dragged by electronics, biomedical sectors
SINGAPORE’S factory output fell 3.9 per cent year on year in June, reversing May’s revised 2.3 per cent growth, according to Economic Development Board (EDB) [more]
Singapore’s factory output turns negative with 3.9% fall in June, dragged down by electronics, biomedical sectors
SINGAPORE’S factory output fell 3.9 per cent year on year in June, reversing May’s revised 2.3 per cent growth, according to Economic Development Board (EDB) [more]
Toyota’s 807 billion yen buyback piles onto pent up treasury shares
TOYOTA Motor’s latest buyback compounded a potentially unwanted side effect of its push to unwind cross shareholdings: a growing backlog of treasury stock in its [more]
Great rotation trade sees investors dump AI giants for less obvious stocks
SIGNS that equity investors are getting cold feet over the rapid advances in artificial intelligence (AI) leaders have put a spotlight on some less obvious [more]
Changi Airport’s Q2 passenger movements hits 98.2% of pre-pandemic level
Its top five passenger markets for the quarter were Indonesia, China, Malaysia, Australia and India CHANGI Airport had around 16.5 million passengers passing through its [more]
Singapore ranks 19th in index tracking heat resilience in cities
SINGAPORE has been ranked 19th among 30 global cities for its preparedness to deal with extreme urban heat, said global research publication Impacts, produced by [more]
China’s 10-year yield hits record low, testing PBOC patience
CHINA’S benchmark government bond yield fell to a record low, testing policymakers’ resolve to stem the move.The yield on the 10-year sovereign note fell to [more]
ESR buys remaining 12.3% stake in Logos Property Group
The acquisition is expected to raise ESR’s presence in key markets and broaden capital and tenant relationshipsREAL estate investment manager ESR Group will acquire the [more]
ESR buys remaining 12.3% stake in Logos Group
The acquisition is expected to raise ESR’s presence in key markets and broaden capital and tenant relationshipsREAL estate investment manager ESR Group will acquire the [more]
High Court dismisses ESR’s appeal to vote on Sabana Reit’s proposed trust deed amendment
THE Singapore High Court has thrown out an appeal by several ESR entities to vote on the proposed trust deed amendments of Sabana Industrial Real [more]
Hong Kong reappoints Eddie Yue as central bank chief for another 5 years
HONG Kong’s government reappointed Eddie Yue as its de-facto central bank chief to another five-year term to keep stability in the financial hub.The 59-year-old will [more]
Gold heads for weekly loss; spotlight on US inflation data
GOLD prices inched higher on Friday (Jul 26), but remained on track for a weekly loss, while traders awaited US inflation data for further cues [more]
Brewing giant Asahi set to sell restaurant business: report
ASAHI Group plans to sell its struggling restaurant business, Nadaman, to a Japanese peer as the country’s biggest brewer looks to exit the segment to [more]
Singapore shares open lower on Friday; STI down 0.1%
SINGAPORE shares started trading in negative territory on Friday (Jul 26). This comes as the Monetary Authority of Singapore left its monetary policy settings unchanged [more]
TSMC set to join global tech rout after typhoon trading break
A SELL-OFF in Taiwan Semiconductor Manufacturing Company (TSMC) shares looks almost inevitable when trading resumes after a two-day typhoon break, during which global investors dramatically [more]
HDB resale price growth quickens in Q2, rising 2.3% on robust demand and tight supply
RESALE prices of public housing flats accelerated in the second quarter of 2024, growing 2.3 per cent over the previous three months on stronger demand [more]
URA overall private home price index rises at slower pace of 0.9% q-o-q in Q2; Q1 increase was 1.4%
THE overall private home price index of the Urban Redevelopment Authority (URA) rose at a slower pace of 0.9 per cent in the second quarter [more]