3 Top E-Commerce Stocks to Buy in December
These three names are down a ton this year, opening up a massive opportunity for long-term investors.
These three names are down a ton this year, opening up a massive opportunity for long-term investors.
In 2023, more Asia Pacific real estate investors are targeting opportunistic deals, distressed assets and non-performing loans, notes a survey by CBRE (Picture: Samuel Isaac Chua/The Edge Singapore)SINGAPORE (EDGEPROP) - In December 2022, Hong Kong-listed Link REIT signed a deal to purchase two Singapore shopping malls — Jurong Point and Swing By @ Thomson Plaza — from NTUC unit Mercatus Co-operative for $2.16 billion. The purchase price is a 6.1% discount to the combined aggregate value of $2.3
Frasers Centrepoint Trust reported better operating metrics for its malls (Picture: Samuel Isaac Chua/The Edge Singapore)SINGAPORE (EDGEPROP) - Frasers Centrepoint Trust reported all round better performance for its malls. The portfolio’s committed occupancy improved 0.9%-pt q-o-q and 1.2%-pt y-o-y to 98.4% as leasing demand remains firm, FCT’s manager said. This was underpinned by improved occupancy at Changi City Point with a reconfigured food court space which is fully leased; and a 1.9%pt im
The IMF will send a team to Pakistan next week to discuss reviving a desperately needed bailout programme, with a foreign exchange crisis bringing imports almost to a standstill. But Khan reneged on his promise to cut subsidies and market interventions that had cushioned the cost-of-living crisis, causing the programme to stall.
Tourists visiting Singapore for the Lunar New Year have been greeted with wet weather and plunging temperatures that have locals scratching their heads as the city state records the most rainfall in at least a decade.
Singapore’s Minister for Communications and Information Mrs Josephine Teo officiated the launch of Temus’ Step IT Up programme, supported by Infocomm Media Development Authority’s (IMDA) under Techskills Accelerator (TeSA) initiative, for public sector agencies and private companies to jointly ‘place and train’ people for tech roles in under five months. The talent conversion programme, in partnership with IMDA and supported by Digital Industry Singapore (DISG), focuses on helping people with no
MUMBAI (Reuters) -Sugar mills in India's top producing state Maharashtra are set to stop cane crushing 45 to 60 days earlier than last year as heavy rain has curtailed sugar cane availability, a senior state government official told Reuters on Friday. The western state of Maharashtra, which accounts for more than a third of the country's sugar output, could produce 12.8 million tonnes of sugar in the 2022/23 marketing year that began on Oct. 1, down from an earlier forecast of 13.8 million tonnes, Maharashtra's sugar commissioner Shekhar Gaikwad said. Lower sugar output could prevent the world's second-biggest exporter from allowing additional exports, potentially supporting global prices and allowing rivals Brazil and Thailand to increase their shipments.
The stake, which collectively amounts to about 5%, would raise Walmart's ownership in the e-commerce giant, the newspaper reported citing people familiar with the matter. Accel owns a little over 1% of Flipkart, while Tiger Global holds about 4% of the company, the report said.
The streaming television company has reported better-than-expected financial and membership numbers. The post <strong>Netflix’s Share Price Has Shot Up 23% This Month: Is the Worst Over?</strong> appeared first on The Smart Investor.
Artist’s impression of The Carrara. The Carrara features six luxurious, marble-inspired homes with thoughtful and pragmatic design (Picture: Sevens Group)The Carrara, a flagship landed development in District 15 has already seen two units snapped up by discerning buyers — a testament to the appeal of these highly desirable homes. The properties, located at 801 and 803 Mountbatten Road, were sold for around $3,000 psf, based on their respective land areas of 3,016 sq ft and caveats lodged.Four mo
Some of India's leading public sector banks said on Friday their exposure to the Adani Group was within the limits prescribed by the central bank, assuaging fears of default risks from their exposure to the conglomerate. The ports-to-energy conglomerate, helmed by Gautam Adani - one of the world's richest men, has come under attack from U.S. short-seller Hindenburg Research, leading to a sharp fall in shares of group companies and the lenders that have exposure to it. The Reserve Bank of India allows for no more than 25% of a bank's available eligible capital base to be exposed to any one group of connected companies.
The Bank of Japan could consider steps to allow bond yields to move more flexibly even before inflation durably hits its 2% target, the International Monetary Fund's Japan mission chief Ranil Salgado told Reuters. Allowing long-term interest rates to move more flexibly would allow the BOJ to address both upside and downside risks to inflation, and help iron out market distortions caused by its heavy bond buying, Salgado said in an interview on Thursday. "It also makes it easier to begin the transition towards an eventual raising of the short-term rate," Salgado said, adding that steps to enhance flexibility in bond yields could come before the BOJ's 2% price target is durably met.
Elektros (OTC PINK:ELEK), an emerging leader in the electric mobility industry, announced it has begun talks with Lithium mining project in Sierra Leon, Africa.
Singapore home prices grew at the slowest pace in more than two years in the fourth quarter of 2022, a sign that the property boom is starting to moderate as supply dwindles and interest rates climb.
The stake was divested to Frasers Property and Frasers Centrepoint Trust.
Adani Enterprises lost more than 19% on Friday, sliding below the 3,276 rupees ($52.74) level.
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SINGAPORE - Media OutReach - 26 January 2023 - Bondee, a social media app, officially launched on the App Store. Within a few days of its release, it climbed to the top of the App Store rankings and entered the spotlight. Metadream, a tech startup based in Singapore, developed Bondee to create a virtual world where users can design avatars, share their moods, statuses, and daily lives, and add friends to chat and interact with online. Users can also personalize their spaces, visit friends, and p
VinBrain will collaborate with Microsoft in data sharing, product cross-validation, and product research & development. VinBrain is the first Vietnamese customer to sign a formal collaboration agreement with Microsoft to develop AI-powered healthcare services HANOI, VIETNAM - Media OutReach - 26 January 2023 - VinBrain, one of Vietnam's leading technology companies, is working to transform global healthcare through its AI products. One of VinBrain's primary products is DrAidâ„¢, an AI pathology pr
RHB Singapore offers one of the highest 12-month fixed deposit interest rates in the market at 4.28% per annum (p.a.) in celebration of the re-opening of its refreshed Cecil Branch in the heart of the Central Business District. Additionally, customers can enjoy up to S$2,888 in cash credits for insurance purchases during this celebratory period.