News
Can Manulife US Reit recover? Unitholders seek answers ahead of EGM
The real estate investment trust’s manager answers pointed questions from unitholders[SINGAPORE] Long-suffering unitholders have grilled Manulife US Reit’s manager on its recovery plan – including the interest the sponsor...
India’s equity mutual fund inflows rebound in November on strong earnings, low inflation
[MUMBAI] Equity mutual fund inflows into the Indian stock market rebounded after three months in November, as improved corporate earnings, stable economic growth and benign inflation powered blue-chips to...
CLI closes second onshore sub-fund; targets 1.48 billion yuan in funds under management
It is under the CLI RMB Master Fund with CapitaMall Xinduxin, as the seed asset[SINGAPORE] Global real asset manager CapitaLand Investment (CLI) said on Thursday (Dec 11) that it closed its...
DBS bullish on developers, hikes up target prices for CDL, UOL, GuocoLand
The increase comes on lower interest rates and plans by developers to recycle capital and rejuvenate assets [SINGAPORE] DBS Research has taken a bullish stance on Singapore property counters,...
Vietnam amends law to ban exports of raw rare earth minerals
Only companies with government approval will be permitted to exploit, process and use rare earths[HANOI] Vietnam’s parliament moved to ban exports of raw rare earth resources as part of...
Asian traders cheer US rate cut but gains tempered by outlook
MOST Asian markets rose on Thursday as traders welcomed the Federal Reserve’s third straight interest rate cut, though the euphoria was tempered by an indication officials could hold off...
Butter, milk and cheese prices slide as ‘stunning’ production floods global markets
[WELLINGTON] Butter, milk and cheese prices are falling as a surge in global milk production floods the market, prompting warnings of a looming period of weak prices.“Too much milk...
Hong Kong IPO boom obscures sharp drop in underwriter fee rates
The booming overall pipeline means banks may be less inclined to cut fees to win business[HONG KONG] Investment banks are on track to take home their smallest slice of...
Stocks to watch: Keppel, Keppel Reit, CLI, MPACT, Ultragreen.ai, Ossia
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Dec 11): Source link
Indonesia to levy gold export duties from Dec 23
The taxes will rise to between 10% and 15% once the reference price reaches US$3,200 per troy ounce[JAKARTA] Indonesia will impose duties on exports of gold products from Dec...
