Singapore

Property stocks drop as Hong Kong shares slip in mixed Asia trade; Australia's inflation rises

Property stocks drop as Hong Kong shares slip in mixed Asia trade; Australia’s inflation rises

SINGAPORE — Real estate stocks in Hong Kong dropped as Asia-Pacific markets traded mixed on Wednesday. Australia’s inflation rose and investors looked forward to the Fed’s policy decision. Property firm Country Garden’s stock plunged 15.05% after it said it would raise 2.8 billion Hong Kong dollars ($360 million) by selling 870 million new shares. The …

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China stocks lead gains as Asia markets rise; Singapore tightens monetary policy

China stocks lead gains as Asia markets rise; Singapore tightens monetary policy

SINGAPORE — Mainland China markets led gains in Asia-Pacific on Thursday as Australia’s unemployment rate fell and Singapore tightened its monetary policy. The Shenzhen Component reversed losses to rise 1.259%, with energy stocks rising 3.68% according to Eikon data. The Shanghai Composite was up 0.31% and the CSI 300, which tracks the largest mainland-listed stocks, …

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Singapore’s state-owned investor Temasek reports record portfolio value

Singapore’s state-owned investor Temasek reports record portfolio value

A signage for Temasek Holdings is displayed during a news conference following the company’s annual review in Singapore on July 9, 2019. Bryan van der Beek | Bloomberg | Getty Images SINGAPORE — Temasek Holdings reported Tuesday that the net value of its portfolio grew to $286.48 billion (403 billion Singapore dollars) at the end …

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Travelers are upset about rising costs, but most aren't canceling their plans just yet

Travelers are upset about rising costs, but most aren’t canceling their plans just yet

Summer travel talk sure isn’t what it used to be. Rather than sun, sand and surf, many travel discussions now center on inflation, rising fuel costs and flight cancellations, a situation which could derail a much-needed 2022 summer travel comeback. Travel conversations on Twitter decreased 75% from April to May, while discussions related to gas …

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