Grab Holdings CEO Anthony Tan is trying to reassure shareholders that the company is speeding up efforts to reverse years of losses.
Indian shares stayed rooted to two-month lows on Tuesday, with gains in IT and consumer companies offset by losses in auto and metal stocks, as worries over economic growth festered ahead of the central bank's policy decision later this week. The NSE Nifty 50 index closed flat at 17,007, while the S&P BSE Sensex also ended mostly unchanged at 57,107.52.
Gold prices rebounded from a 2-1/2-year low on Tuesday as a slight pause in the dollar rally helped restore greenback-priced bullion's allure, although risks from looming rate hikes persisted. Spot gold was 0.5% higher at $1,629.69 per ounce by 1:46 p.m. EDT (1746 GMT), after climbing over 1% to $1,642.29 earlier in the session. "Today is just a little bit of a recovery after some of the extreme weakness seen over recent days ... but I don't think there's really any fundamental change taking place in the gold market," said Ryan McKay, commodity strategist at TD Securities.
A-REIT, ART and a-iTrust will be known by their new names from Sept 27.
The shophouse has a land area of 949 sq ft that is zoned for commercial use (Picture: Shophouse Collective/PropNex Realty)SINGAPORE (EDGEPROP) - A conservation shophouse along Joo Chiat Road in District 15 is on the market via an expression of interest exercise at a guide price of $7 million. The shophouse has a land area of 949 sq ft that is zoned for commercial use and has a gross plot ratio of 3.0, which translates to a maximum gross floor area of 2,849 sq ft. (Find Singapore commercial prope
(Reuters) -Global equities staged a partial comeback on Wednesday -- with Wall Street stocks surging around 2% -- as the Bank of England said it would step in to the bond market in an attempt to dampen investors' fears of contagion across the financial system. The BoE said it would temporarily buy long-dated bonds - linked most closely to workers' pensions and home loans - in light of a surge in UK bond yields and related borrowing costs. European government bonds also got a lift from the surge in gilts.
Rising risk-free rates pummel S-REITs' unit prices as yields expand to maintain yield spread.
Singapore’s total population grew 3.4% to 5.64 million as of June after shrinking for the prior two years during the Covid-era.
HONG KONG SAR - Media OutReach - 27 September 2022 - uFinance, the Information Loan Platform for Tertiary Students in Hong Kong, is launching a new student loan campaign, "This is Youth", in September. It is designed to encourage tertiary students to pursue their dreams and not be held back by financial pressure. The campaign will span across online and offline media, hoping to engage with more local tertiary students and allow them to redefine their own 'youth'. Follow your dreams and create yo
Cheah Cheng Hye, co-chairman of Value Partners, plans to hire people and relocate some of its managers and investment analysts to Singapore.
India's central bank is unlikely to undertake any bond purchases or reduce the cash reserve ratio and may instead prefer to stick to term repo auctions to add funds to the country's banking system, analysts said. Market participants also expect liquidity to oscillate between surplus and deficit based on the extent of inflows from government spending.
Global stock markets rallied on Wednesday in a volatile trading, with investors given an "energy boost" by an intervention by the Bank of England.
The HSBC Revolution Card is a no-frills credit card that lets you earn HSBC rewards points for online and contactless transactions. Unlike cashback cards that force you to work your... The post HSBC Revolution Card – MoneySmart Review 2022 appeared first on MoneySmart.sg.
The property at 29A Jalan Hajijah (Picture: Savills Singapore)SINGAPORE (EDGEPROP) - A freehold residential side at 29A Jalan Hajijah, off Upper East Coast Road in District 16, is up for sale via an expression of interest exercise at a guide price of $15.25 million, or $1,298 psf on the land area.The site measures 11,746 sq ft and is located at the cul-de-sac of Jalan Hajijah. According to marketing agent Savills Singapore, the site has an average plot depth of approximately 25m and an average p
Company continues its rapid expansion across Asia Pacific to meet customer demandDENVER, USA and SINGAPORE - Media OutReach - 27 September 2022 - Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced the on-schedule delivery of a second data center (KUL12) on its Cyberjaya campus in Kuala Lumpur, Malaysia. In addition, the company is constructing a third facility (KUL13) on the growing campus to meet customer demand in the region. Located on a four-a
Tainan City Bureau of Tourism is ready for the recovery of Tourism in TainanTAINAN, TAIWAN - Media OutReach - 27 September 2022 - At the end of 2019, the Taiwanese TV series "Someday or One Day" was broadcasted in various Asian countries and it created a viral wave for Tainan in the 1990s. There was a lot of discussions amongst the fans when the Series was being filmed in Tainan and with the upcoming remake, the Tainan City Bureau of Tourism used the historical and cultural attractions of the Se
TOKYO (Reuters) -An Indian joint venture of ArcelorMittal and Nippon Steel will invest 410 billion rupees ($5 billion) to boost crude steel output capacity by 6 million tones a year at its Hazira plant, the Japanese firm said on Wednesday. The AM/NS India joint venture will build two blast furnaces, along with many other facilities, in its Hazira plant in western India, with plans to start operations by mid-2026. The expansion is aimed at meeting growing steel demand in India and winning a bigger slice of the market.
Maybank doesn’t advertise its cards aggressively like its competitors do. They’re relatively low-key, but those who pay attention to them are often rewarded. Take the Maybank Horizon Visa Signature Card,... The post Maybank Horizon Visa Signature Card – MoneySmart Review 2022 appeared first on MoneySmart.sg.
Launch "Drago Cavallo Travels Around The World" and arts charity activities ; Create a New Scene of Art and Literature in Hong KongHONG KONG SAR - Media OutReach - 28 September 2022 - 'Dragon' stands for 'heaven' and 'horse' stands for 'earth'. Dragon Horse is the mascot of the unity of heaven and earth, the fusion of 'Qi' between heaven and earth, and the symbol of benevolence and harmonization. Drago Cavallo is the cute version of 'Dragon Horse' created by artist Simon Ma, and it is the guardi
The potential transaction values PSGourmet Pte Ltd, parent of PS.Cafe, at about S$300 million, sources said.