How the Fed will help Singapore Reits outshine banks

How the Fed will help Singapore Reits outshine banks

SINGAPORE property owners have spent a long time languishing in the shadow of the chart-topping performance of the island’s banks. But with US Federal Reserve chairman Jerome Powell signalling the start of monetary easing from next month, the landlords’ day in the sun may not be far away.  Higher-for-longer global interest rates pumped up the profitability of loans at Singapore’s three…

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Investors must diversify to navigate ‘world of uncertainty’ in 2025

Investors must diversify to navigate ‘world of uncertainty’ in 2025

Focus on defensive strategies, particularly around Asia and countries with minimal trade exposure, say investment strategists INVESTMENT strategists are gearing up for a year of heightened market volatility and trade policy uncertainty, according to their 2025 outlook. However, Bank of Singapore (BOS) chief economist Mansoor Mohi-uddin believes that investors should be prepared for both downside…

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Mercedes-Benz car sales drop as China, EV slump take toll

Mercedes-Benz car sales drop as China, EV slump take toll

MERCEDES-Benz Group car sales dipped last year as the German luxury-auto maker struggled with weak demand for pricey models in China and electric vehicles in Europe. The 3 per cent decline to 1.98 million vehicles was led by a slump in deliveries in China, its largest market, where consumers are shunning models like the…

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Prada among suitors for Versace, newspaper reports

Prada among suitors for Versace, newspaper reports

ITALY’S Prada is among the potential suitors looking at fashion group Versace which Capri Holdings has put up for sale, daily Il Sole 24 ore reported on Friday (Jan 10). In November, Coach-owner Tapestry abandoned an US$8.5 billion deal to buy Michael Kors-owner Capri. After that deal to create a US luxury conglomerate fell through,…

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Gold dazzled last year, but may lose some lustre in 2025

Gold dazzled last year, but may lose some lustre in 2025

With the Year of the Snake upon us, market watchers are split on how the precious metal will fare after a record-breaking 2024 WHEN investors long for a steady asset in times of uncertainty, gold stands out as a solid portfolio diversifier that weathers not only geopolitical upheavals, but also fiscal risks. Even if we…

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