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Finally, a turnaround for S-REITs? IG notes ‘broad gains’ today after Powell’s ‘dovish’ speech - THE EDGE SINGAPORE

REITs

Finally, a turnaround for S-REITs? IG notes ‘broad gains’ today after Powell’s ‘dovish’ speech

As at 2.30pm, nearly all S-REITs are trading higher, with the US office S-REITs leading the gains.

Banking & finance

Banks poised to seize more buildings in Hong Kong: PwC

Banks are expected to take more enforcement actions on distressed buildings amid Hong Kong’s property market downturn, says PwC.

SGX Research Series: 10 in 10

17LIVE: Trailblazing live-streaming platform across Asia and beyond

The live streaming industry is experiencing significant growth

Banking & finance

Jamie Dimon says succession at JPMorgan is ‘well on the way’

He has long joked that his retirement is five years away, no matter when he’s asked. But the timetable is “not five years anymore”

Global Markets

Counting on our neighbours before they hatch

The future economy of Singapore requires more than cheap land and labour

Broker's Calls

Falling rates negative for Singapore's banks, positive for Indonesian banks: UOBKH

UOBKH’s top pick in Singapore is Oversea-Chinese Banking Corporation (OCBC) with a target price of $16.85.
EnGro Corp disposes of entire 40% interest in JV for RMB40.8 mil - THE EDGE SINGAPORE

Company in the news

EnGro Corp disposes of entire 40% interest in JV for RMB40.8 mil

Based on its 40% interest in Tangshan Tanglong Materials, EnGro recorded a loss on disposal of some $680,000.
TDCX founder makes non-binding privatisation offer of US$6.60 per share - THE EDGE SINGAPORE

Company in the news

TDCX founder makes non-binding privatisation offer of US$6.60 per share

Shares in TDCX were around 26% higher than their previous closing price, at US$6.09 in premarket trading as at 7.42pm SGT.

Company in the news

Boustead Singapore finalises exit offer of $1.18 per share for Boustead Projects’ shares

Boustead Singapore had previously made an unconditional cash offer 95 cents per share in March.
Keppel REIT prices $200 million notes due 2026 - THE EDGE SINGAPORE

REITs

Keppel REIT prices $200 million notes due 2026

The notes will bear interest at a fixed rate of 3.72% and are expected to be issued on Nov 15.
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