Daily Debrief: What Happened Today
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Asean unicorns face re-rating even as PE activity rebounds to high in 2021
AND the turning tide could see both deal activity and sentiment recede in the near future.
China property sector still reeling despite the easing of some 2020 curbs
NEW-HOME sales in 23 major cities tracked by China Real Estate Information Corp fell 33 per cent by area over the crucial five-day Labour Day break compared with a year earlier.
Condo resale prices rise for 21 straight months, up 0.7% in April: 99.co, SRX
ON a year-on-year basis, condo resale prices rose 9 per cent, with all regions experiencing price increases.
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Malaysia’s central bank expected to maintain interest rate at historic low of 1.75%: analysts
ECONOMISTS and market analysts noted that an unchanged overnight policy rate will continue to support the growth momentum of the economy as the country only resumed all business activities in September 2021 and reopened its international borders in April this year.
Betting on Singapore banking trio to keep their blue-chip status this decade
GOING forward, the ability of management to grow the loan book, manage credit quality, market products, master technology and build their brands may lead to differences in performance among the trio.
The STI today
Singapore stocks continue to tumble on Tuesday; STI slides 1.3%
THE Straits Times Index (STI) fell 1.3 per cent or 40.88 points to close at 3,234.19 on Tuesday (May 10), tracking a rout in the US equity market and tumbling oil prices.
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