SINGAPORE – Sales of new private homes bounced back in October, after two months of consecutive declines, despite tightened Covid-19 measures still in place. A total of 909 units moved last month, up 9 per cent from 834 units in September, although still fewer than the 1,216 units in August, Urban Redevelopment Authority (URA) data […]
SINGAPORE – Singapore will continue to focus on a long-term strategy of extending and deepening its trade connectivity globally to entrench its position as a business hub, Trade and Industry Minister Gan Kim Yong said on Monday (Nov 15). Its 26 free trade agreements with economies that make up 85 per cent of worldwide gross […]
The winter holidays are right around the corner. Soon, many Americans will gather around the dinner table with family and friends to give thanks for abundant blessings and freedoms as they indulge in a cornucopia of delicious traditional foods. Leftovers will last for days. Then, in December, people of different faiths and traditions will celebrate […]
NEW YORK/LONDON (Reuters) – The dollar rose on Thursday, hitting a 16-month high a day after the strongest U.S. inflation reading in more than three decades, while equities rebounded on expectations higher consumer prices will help corporate growth.FILE PHOTO: A U.S. one dollar banknote is seen in front of displayed stock graph in this illustration […]
Wellington’s largest hotel has sold to a tourism investment vehicle owned by the NZ Super Fund, Russell Property Group and Lockwood Group in a complex deal understood to be for around $100 million. NZ Hotel Holdings Asset LP bought the 280-room Rydges Wellington in Featherston St after private investors here and overseas agreed to sell […]
Slideshow ( 2 images )GENEVA (Reuters) – The Swiss franc continues to be in demand as a safe haven investment as market uncertainties remain elevated due to the ongoing COVID-19 pandemic, Swiss National Bank governing board member Andrea Maechler said on Thursday. “We are still in a territory where the Swiss franc is high,” Maechler […]
SYDNEY (Reuters) – Australian employment suffered a shock fall in October and the jobless rate jumped as coronavirus lockdowns continued to plague the labour market, though all signs point to a rapid recovery now that the economy is reopening.FILE PHOTO: A sales assistant is seen through the window of a retail store displaying a job […]
Pandemic lockdowns hit the housing market, with national volumes down 21.7 per cent after sales numbers fell from last October’s 9185 to 7190 last month. But prices continued to rise, in one Auckland area by 50 per cent annually. Auckland house sale volumes fell 20 per cent from 3234 a year ago to 2576 last […]
SINGAPORE – HSBC Singapore on Thursday (Nov 11) launched a US$200 million (S$270 million) fund to lend support to high-growth tech companies in the Republic to expand in South-east Asia and globally. Car marketplace Carro – a home-grown unicorn, or a start-up valued at US$1 billion or more – is among the bank’s first clients […]
(Reuters) – Tesla Inc shares were set to open lower for the fourth session on Wednesday, putting at risk the electric-car maker’s position in the $1 trillion club after top boss Elon Musk polled Twitter users about selling 10% of his stake.FILE PHOTO: Tesla Inc CEO Elon Musk walks next to a screen showing an […]