4 international companies to set up base in Punggol Digital District, creating about 2,000 jobs
SINGAPORE - Four international companies have confirmed their plans to set up base in Punggol Digital District, a move that...
Month: July 2021
Keppel Pacific Oak US Reit to acquire two US office buildings for $143 million
SINGAPORE (THE BUSINESS TIMES) - Keppel Pacific Oak US Reit (Kore) is proposing to acquire two office assets in the...
Japan’s ‘golden’ Olympics performance pushing up surprising stocks
TOKYO (BLOOMBERG) - With Japan's Olympic team outperforming all expectations at the Tokyo Games so far, some unlikely stocks in...
China’s escalating property curbs point to Xi’s new priority
BEIJING (BLOOMBERG) - After a years-long campaign to tame property prices, China is upping the ante to break a stubborn...
Subscription-based ‘Netflix-style’ insurance launched by NTUC Income
SINGAPORE - Customers of streaming service Netflix are familiar with the concept of paying around $10 a month for a...
Singapore’s central bank lifts dividend restrictions on local banks
SINGAPORE - Restrictions imposed during the pandemic last year that capped dividend payouts from local banks and finance companies have...
GIC joins Fortress bid for UK supermarket Morrisons
LONDON (REUTERS) - Singapore's sovereign wealth fund has joined the Fortress-led private equity consortium making a recommended offer for the...
US Fed’s Jerome Powell says ‘higher and more persistent’ inflation possible
WASHINGTON (AFP) - Inflation could rise higher and stay there longer than expected as the US economy recovers from the...
US stocks mixed as market digest earnings, Fed decision
NEW YORK (AFP) - The Nasdaq rallied while the Dow fell on Wednesday (July 28) as investors digested a slew...
US Federal Reserve keeps rates unchanged but cites ‘progress’ towards its goals
WASHINGTON (NYTIMES) - The Federal Reserve kept interest rates unchanged on Wednesday (July 28) and said it would continue buying...