Culture
US: Wall St opens higher after Fed indicates more rate cuts
[ad_1] [NEW YORK] Wall Street’s main indexes opened higher on Thursday (Sep 18), a day after the US central bank delivered a quarter-point interest rate cut, while chipmaker Intel climbed...
BOE holds rates at 4%, keeps cautious stance on future cuts
[ad_1] Policymakers also voted to reduce the pace at which the BOE is reducing its government bond holdings[LONDON] The Bank of England held interest rates at 4 per cent and...
STI falls on Thursday, down 0.3%
[ad_1] Decliners outnumber advancers 322 to 233 across the broader market, with 2.4 billion shares worth S$1.4 billion changing hands[SINGAPORE] The Straits Times Index (STI) closed lower on Thursday (Sep...
Malaysia’s Sunway Group to buy Hongkong Land’s development arm MCL Land for S$738.7 million cash
[ad_1] The sale is effectively at net asset value, says Hongkong Land chief executive Michael Smith[SINGAPORE] Real estate group Hongkong Land will sell its Singapore and Malaysian property arm MCL Land...
HK, Abu Dhabi bourse operators seek to deepen capital market ties
[ad_1] The agreement underscores increasing financial ties between the Asian financial hub and the Middle East[HONG KONG] Hong Kong Exchanges and Clearing (HKEX) said on Thursday (Sep 18) it had...
Centurion Accommodation Reit kicks off SGX IPO
[ad_1] The Singapore public offer opens at 10 pm on Thursday, and closes at 12 pm on Tuesday[SINGAPORE] Centurion Accommodation Real Estate Investment Trust (Reit) will launch its initial public...
Centurion Accommodation Reit kicks off public offer of units at S$0.88 each for SGX mainboard listing
[ad_1] [SINGAPORE] Centurion Accommodation Real Estate Investment Trust (Reit) will launch its initial public offering (IPO) on Thursday (Sep 18) evening, set to be the Singapore Exchange’s (SGX) second-biggest mainboard...
Food Empire surges 5.4% after target price raised by Maybank
[ad_1] [SINGAPORE] Shares of Food Empire Holdings (FEH) surged as much as 5.4 per cent on Thursday (Sep 18), two days after Maybank raised its target price.The stock climbed S$0.14...
Food Empire jumps 2.7% after Maybank raises target price
[ad_1] [SINGAPORE] Shares of Food Empire Holdings (FEH) surged as much as 5.4 per cent on Thursday (Sep 18), two days after Maybank raised its target price.The stock climbed S$0.14...
Hong Kong central bank cuts interest rate, tracking Fed; banks follow
[ad_1] [HONG KONG] Hong Kong’s central bank on Thursday (Sep 18) lowered its base interest rate by 25 basis points to 4.5 per cent, tracking a cut by the US...
Fed’s quarter-point rate cut does not signal a sustained easing cycle: analysts
[ad_1] Market watchers believe the US dollar could see near-term resilience while the recent gold rally could slow down[SINGAPORE] Asia’s equities markets fluctuated on Thursday (Sep 18) amid mixed reactions...
Bank of Japan may raise rates in October even if Takaichi wins leadership race, says ex-central bank official
[ad_1] [TOKYO] The Bank of Japan could raise interest rates in October even if Sanae Takaichi, a proponent of aggressive monetary easing, wins the ruling party’s leadership race and becomes...