Culture
BOJ raises interest rates to 30-year high, signals more hikes
It offers a slightly more upbeat view on the economy than at its previous meeting in October[TOKYO] The Bank of Japan (BOJ) raised interest rates on Friday (Dec 19)...
Bank of Japan hikes interest rates to 30-year-high of 0.75%
THE Bank of Japan on Friday hiked interest rates to 0.75 per cent, marking the first increase since January and its highest level in 30 years.The bank decided by...
Asian markets rise as US inflation eases, Micron soothes tech fears
ASIAN markets rose on Friday as a below-forecast read on US inflation boosted hopes for another interest rate cut next month, while blockbuster earnings from chip firm Micron helped...
Baht soars to 3-year high against Singdollar as it climbs on gold spike, yuan strength
Thai currency’s rise is fuelled by a soft US dollar, recent Fed easing and sharp acceleration in gold prices [SINGAPORE] The baht’s rally has pushed it to hit records...
Trump praises Fed Governor Waller as ‘great’ after interview for Fed Chair
[WASHINGTON] US President Donald Trump said on Thursday he interviewed Federal Reserve Governor Christopher Waller a day earlier as a candidate to succeed Jerome Powell as Fed chair, praising him as...
DFI Retail pulls Mannings out of mainland China; Guardian continues Singapore ops
[SINGAPORE] DFI Retail Group’s beauty and health brand Mannings on Wednesday (Dec 17) announced the closure of all its stores across mainland China, citing “consumer behaviour” changes. The chain,...
Coliwoo disposes Pasir Panjang co-living space in S$43.9 million sale-and-leaseback deal
It will sell its 80% stake in Coliwoo PP, which owns and manages Coliwoo Hotel Pasir Panjang [SINGAPORE] Co-living operator Coliwoo has entered into a sale-and-leaseback agreement to dispose...
Coliwoo disposes Pasir Panjang co-living hotel space in S$43.9 million sale-and-leaseback deal
Estimated net proceeds of S$15.3 million will be used to repay working capital loans owed to LHN Group and for general working capital purposes [SINGAPORE] Coliwoo has entered into...
Stoneweg Europe Stapled Trust divests office asset in Italy for 34 million euros
Following the divestment, the trust’s exposure to Italy will fall from 18% to 17%[SINGAPORE] The managers of Stoneweg Europe Stapled Trust (Sert) on Friday (Dec 19) said that it...
Stocks to watch: Stoneweg Europe Stapled Trust, Coliwoo
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Dec 19): Stoneweg Europe Stapled Trust (Sert) : The managers of Sert on...
