The Indian rupee rose against the U.S. currency on Wednesday, helped by likely dollar inflows and gains in most major Asian peers. The rupee last traded at 81.59 per U.S. dollar, compared with 81.72 in the previous session. It was a choppy session, with the local currency trading in a range of 81.50 to 81.76.
~ Discover kaleidoscopic collections of precious gems and breathtakingly-designed fine jewellery in newly opened flagship boutique at ION Orchard ~ SINGAPORE - Media OutReach - 25 January 2023 - D&A Jewellery is pleased to announce the opening of the very first Asia flagship boutique in the heart of Singapore’s shopping belt, Orchard Road. The inviting interiors of D&A Flagship Boutique @ ION Orchard Singapore D&A Jewellery aims to create a whole new shopping experience with the luxurious, conte
The fintech company saw its share price tumble sharply as the year started. Is there any cause for concern? The post <strong>iFAST’s Share Price Plunged 11% in a Week: Should Investors Be Concerned?</strong> appeared first on The Smart Investor.
As car ownership becomes more expensive, drivers can consider alternatives such as car rental, car sharing and ride hailing. What are the...
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 DrAid™, an AI pathology pr
If you’re looking for resilience in the REIT sector, look no further than these three REIT categories. The post <strong>3 Types of REITs to Survive a Recession</strong> appeared first on The Smart Investor.
NEW YORK (Reuters) -Global stock markets rallied and the dollar strengthened on Thursday after a slew of data showed a strong U.S. economy that is decelerating with slowing inflation, giving credence to the Federal Reserve's desire to engineer a soft landing. Gross domestic product increased at a faster-than-expected 2.9% annual rate in the fourth quarter of last year as consumers boosted spending on goods, the U.S. Commerce Department said. Inflation data improved too, as personal consumption expenditures growth slowed to 2.1% year over year from 2.3% in the prior quarter while the GDP price index decelerated to 3.5%.
The HDB Concessionary Loan comes with a lot of rules guidelines and procedures. Here is all the relevant information you'll need. The post How to apply for a HDB Loan Eligibility (HLE) letter appeared first on .
India's Bajaj Auto reported a bigger-than-expected third-quarter profit on Wednesday, as strong domestic demand and an increase in prices of its motorcycles and scooters made up for weak exports. The company's profit increased nearly 23% to 14.91 billion rupees ($182.84 million) for the quarter ended Dec. 31. Analysts, on average, had expected a profit of 13.64 billion rupees, according to Refinitiv IBES data.
India's first sovereign green bond issue was mostly subscribed by local banks and insurance companies, with limited interest from foreign investors, market participants said. New Delhi raised 80 billion rupees ($981.31 million) via green bonds on Wednesday. The Reserve Bank of India sold 40 billion rupees of five-year bonds at a coupon rate of 7.10%, five basis points below the sovereign yield of similar tenure.
The stake was divested to Frasers Property and Frasers Centrepoint Trust.
In the austere macroeconomic environment we are in now, T-bills are considered one of the safest investments. Here’s everything you need to...
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.
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
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.
Kantar, the world's leading marketing data and analytics company, today announce two senior appointments strengthening their leadership in Singapore and Malaysia. As part of the company's leadership in accelerating growth in the region, Jane Ng and Paromeeta (Paro) Mathur Banerjee have been promoted to General Manager of the Insights Divisions for Kantar in Singapore and Malaysia, respectively.
Koh Brothers reports 13% decline in net profit for FY2022, declares 0.2 cent dividendSINGAPORE (EDGEPROP) - Koh Brothers Group announced 13% y-o-y decline in net profit to $6 million for the 12 months to Dec 31, 2022, the company’s FY2022. This is despite a 72% rise in revenue to 39% to $350.7 million and a 21% increase in gross profit to $26.0 million for the same period.Gross margins improved for Koh Brothers’ Construction and Building Materials division.The company posted a 74% increase in ot
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.
Indian drugmaker Cipla Ltd reported a smaller-than-expected rise in third-quarter profit on Wednesday, as muted sales in the domestic market offset strong demand in the North America. The Mumbai-based company's consolidated net profit for the three months ended Dec. 31, rose 9.9% to 8.01 billion rupees ($98.22 million) from 7.29 billion rupees a year ago. Cipla said sales from its India business, its biggest market, were at 25.63 billion rupees, an increase of 1.8% from a year ago and flat from the previous quarter.