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  • Business
    Reuters SG

    EMERGING MARKETS-Asian currencies, equities range-bound; cenbank meetings on tap

    * BOJ ends eight years of negative interest rates * Yen slips as much as 0.5% * S. Korean won depreciates as much as 0.4% By Echha Jain March 19 (Reuters) - Most Asian currencies eased against the greenback on Monday, while equities were range-bound, as market focus shifts towards central bank meetings in other countries this week after the Bank of Japan (BOJ) ended eight years of negative interest rates. The MSCI International Emerging Market Currency Index slipped 0.1% to hit its lowest level since March 6, while the MSCI's broadest index of Asia-Pacific shares outside Japan fell as much as 0.8%, hitting its lowest since March 7. The BOJ took the spotlight for the day after it decided to end its negative interest rate policy and abolished its yield control curve, marking a landmark shift away from its huge stimulus programme.

  • Business
    Reuters SG

    Metro Pacific-led consortium in talks to buy stake in Indonesian toll company for $750 mln, sources say

    A consortium led by Metro Pacific Tollways Corp, the biggest toll road group in the Philippines, is in advanced talks to buy a minority stake in a unit of its Indonesian peer Jasa Marga, in a deal that could fetch $750 million, two sources with knowledge of the matter said. Metro Pacific Tollways, in which Hong Kong's investment firm First Pacific has a 48.1% interest, is aiming to buy a 35% stake in Jasamarga Transjawa Tol, a unit of state-owned Jasa Marga that manages the operation of the Trans Java Toll Road, the sources said.

  • Business
    The Smart Investor

    3 Singapore REITs That Recently Conducted Acquisitions to Increase Their DPU

    Here are three REITs that conducted DPU-accretive acquisitions recently. The post 3 Singapore REITs That Recently Conducted Acquisitions to Increase Their DPU appeared first on The Smart Investor.