Fashion
‘Steepest discount’: Analysts bullish on office picks after S-Reits’ best run since 2019
Office S-Reits are undervalued, trading at the steepest discount to book value among this asset class[SINGAPORE] Rate cuts and solid property fundamentals propelled Singapore real estate investment trusts (S-Reits)...
India’s central bank intervenes again to support rupee, traders say
[MUMBAI] The Indian central bank was seen back in the foreign exchange market on Thursday, selling dollars through state-run banks to reinforce support for the rupee, traders said.The rupee...
Australia central banker says inflation rate still too high
[SYDNEY] A top Australian central banker said on Thursday (Jan 8) that a slowdown in consumer price inflation for November was “helpful”, but largely as expected and inflation was...
Gold, precious metals rise as softer US jobs data boost Fed rate cut bets
[BENGALURU] Gold and other precious metals rose on Thursday (Jan 8) after US private payroll data showed job openings fell to a 14-month low in November, reinforcing bets for...
Supermarkets, health-and-beauty retailers set to perform in 2026, DBS says, naming top picks
[SINGAPORE] Supermarkets and health-and-beauty retailers are set to perform well in 2026 as Singapore consumption shifts away from discretionary items, while lower commodity costs will boost food producers, said...
OUE Reit in ‘exclusive talks’ for partial stake in Salesforce Tower in Sydney
There is no certainty that any transaction will materialise at this juncture, says manager[SINGAPORE] OUE Real Estate Investment Trust (OUE Reit) is in “exclusive talks” with Mitsubishi Estate Asia...
Arm launches ‘Physical AI’ unit, joining rush to robotics by tech and automakers
Interest in humanoid robots has boomed as companies see human-form machines as the next frontier in AI and automation [BENGALURU] Chip technology company Arm Holdings has reorganised the company...
CLI fund buys 5-hectare Jurong site to build S$260 million automated logistics facility
71,000 sq m facility set for completion in 2028; CLI also takes minority stake in smart logistics firm Ally Logistic Property[SINGAPORE] CapitaLand Investment Limited (CLI) on Thursday (Jan 8)...
China asks tech firms to halt orders for Nvidia’s H200 chips: report
[BENGALURU] Beijing has asked some Chinese tech companies to halt orders for Nvidia’s H200 chips this week, and is expected to mandate domestic artificial intelligence (AI) chip purchases, the...
Chevron in talks with US government for expanded Venezuela license: sources
Washington also wants other US companies to be involved in oil exports from the country[HOUSTON] Oil producer Chevron is in talks with the US government to expand a key license to...
