SINGAPORE – OCBC Bank has joined DBS and UOB in raising rates for its fixed-rate mortgages. The rate for OCBC’s two-year fixed package has been…
SINGAPORE – Private home prices have bounced back in the second quarter of the year as buyers show strong demand for new launches. This comes…
SINGAPORE – The global fund manager Actis has launched its fifth fund that will pursue investments in gas-to-power generation projects. Bridgin Power will be based in…
MUMBAI (BLOOMBERG) – India tightened exports of oil and imports of gold in an all-out effort to support the rupee, which plunged to a new low on Friday…
SINGAPORE (BLOOMBERG) – Oil headed for a third weekly drop on Friday (July 1), its longest losing run this year, on concern that a potential…
SINGAPORE – A home-grown online company that provides cashback deals for shoppers opened its regional headquarters at Pasir Panjang on Friday (July 1). ShopBack houses…
TOKYO (REUTERS) – Asia’s manufacturing activity stalled in June as many companies were hit by supply disruptions caused by China’s strict Covid-19 lockdowns, while sharp…
SINGAPORE (THE BUSINESS TIMES) – The chain offer for SPH Reit has closed with valid acceptances in respect of 402.9 million units, representing about 14.36…
SINGAPORE – The market is pondering the fate of at least two good class bungalows (GCBs) belonging to crypto-billionaire Zhu Su and his family. Market…
SYDNEY (BLOOMBERG) – Australia’s two biggest housing markets, Sydney and Melbourne, led a fall in home values during June as rising interest rates further choked…
Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips. Although foreign exchange trading carries a high level…
SINGAPORE (THE BUSINESS TIMES) – Keppel Infrastructure Trust (KIT) has entered a non-binding term sheet to purchase from its sponsor a 50-per-cent stake in Marina…
SINGAPORE – Three senior officers left AXA Singapore in June following the firm’s exit from the motor and general insurance business. Chief digital and transformation…
SEOUL (REUTERS) – South Korea’s June exports grew at their slowest pace in 19 months as soaring inflation constrains global demand for Korean goods, widening…
NEW YORK (AFP) – Grayscale, which said it managed the world’s largest Bitcoin fund, said it would sue the US Securities and Exchange Commission (SEC)…
NEW YORK (NYTIMES) – Americans’ income and spending failed to keep pace with rising prices in May, the latest sign that the fastest inflation in…
NEW YORK (NYTIMES) – Wall Street set records in the first half of the year, none of them good. The US economy is on the…
NEW YORK (BLOOMBERG) – Tesla is likely to lose its position as the dominant electric-vehicle (EV) maker in the US to GM or Ford by…
BENGALURU (REUTERS) – Bitcoin dropped 6.1 per cent to US$18,866.77 at 4am on Friday (July 1) Singapore time, putting the biggest and best-known cryptocurrency down…
NEW YORK (BLOOMBERG) – Blockchain.com, a creditor of Three Arrows Capital, said it was cooperating with ongoing investigations into the troubled crypto hedge fund. Blockchain.com…