Hong Kong’s tycoons are selling trophy homes at fire sale prices
ONE by one, tycoons who built their wealth on China’s economic rise have been giving up their trophy homes in Hong Kong.Two apartments in a Frank Gehry glass-and-steel tower that…
CapitaLand Ascott Trust’s divestments could help it buffer against higher-for-longer interest rate scenario
It should seize opportunities available in market, as long as exit yields remain favourableTHE managers of CapitaLand Ascott Trust (Clas) have announced a flurry of divestments for the lodging trust…
Market Focus Daily: Tuesday, November 12, 2024
Asian markets fall, with focus on China as Trump picks team; Baht lags behind peers on concerns over central bank autonomy; Morningstar says Singapore fund inflows surge to record high…
Why I go light on insurance
Perhaps working zealously on building a nest egg trumps buying insurance policiesLIFE is full of hazards. Fortunately, there is a range of insurance policies to hedge against various risks. However,…
Transparency and governance key to Indonesia’s new sovereign fund sidestepping 1MDB pitfalls
With an asset target of up to US$982 billion, Danantara could soon rank as the fourth-largest sovereign wealth fund in the world[JAKARTA] Indonesia will soon launch Danantara, a national investment…
Injection of 20,000 COEs not linked to potential rollout of distance-based charging: Chee Hong Tat
THE planned injection of up to 20,000 additional Certificates of Entitlement (COE) from February is not linked to any potential implementation of distance-based road pricing, Transport Minister Chee Hong Tat…
Singapore proposes law to entrench non-discriminatory workplace norms, introduce penalties
SINGAPORE is introducing legislation to entrench anti-discrimination in the workplace, three years after then-prime minister Lee Hsien Loong announced this intention in the National Day Rally 2021. Introduced in Parliament…
Median rentals, volume of caveated deals for shophouses dip in Q3: Huttons Asia
SHOPHOUSE sales in Singapore declined in the third quarter of 2024 to 18 caveated deals, down from the 21 deals recorded in the previous quarter, Huttons Asia’s latest market update…
Investing in markets is best way to fight inflation, says new Saxo Singapore CEO
SAXO, a global investing and trading firm, has appointed Mahesh Sethuraman as Singapore CEO to take the helm of its operations here. Concurrently, the Copenhagen-headquartered firm has appointed Damian Hitchen as…
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