Author: Charlotte

[SINGAPORE] The manager of ESR-Reit on Tuesday (Jul 28) announced that it has entered into a contract of sale to divest 12 Ang Mo Kio Street 65 for S$33.3 million, excluding divestment costs and applicable goods and services tax.The sale consideration represents a 2.1 per cent premium over the property’s independent valuation of S$32.6 million as at Jun 30. The valuation was conducted by Edmund Tie & Company (SEA), utilising both the income capitalisation method and discounted cash-flow analysis.The manager stated that the divestment is not expected to have a material impact on the real estate investment trust’s (Reit) net…

KUALA LUMPUR: Malaysia’s economic fundamentals remain strong despite mounting global cost pressures arising from ongoing geopolitical tensions, says the Association of Chartered Certified Accountants (ACCA).In a statement yesterday, it said the ACCA and Institute of Management Accountants’ Global Economic Conditions Survey for the second quarter of 2026 (2Q26) found that while businesses worldwide continue to grapple with rising operating costs, Malaysia has weathered the global uncertainty relatively well.“For Malaysia, higher logistics, fuel and raw material costs continued to affect businesses, particularly import-dependent sectors, and small and medium enterprises.“Nevertheless, the country’s economic fundamentals remained resilient, with inflation moderating to 1.9% in…

As regulated perpetual futures arrive in the United States, some trading firms and cryptocurrency exchanges are embracing them, while traditional Wall Street banks are taking a more cautious approach, CoinDesk reported Monday (July 27). The banks are deciding whether this offering is a passing retail craze and are waiting until liquidity, rules and infrastructure mature, according to the report. Meanwhile, Kalshi’s perpetual futures tied to bitcoin and other digital assets topped $1 billion in trading volume within a week of their launch in June, and the company is now seeking regulatory approval to offer ones tied to gold and silver,…

European investment funds gained €94bn in net inflows in May 2026, down from €100 billion in April, according to data from the European Fund and Asset Management Association ( Efma), the voice of the European investment management industry. Ucits gained €79 billion of net inflows during May, compared to €104 billion in April. Long-term Ucits, excluding money market funds, saw net inflows of €70 billion, matching April’s level. Within long term Ucits, investors preferred bond funds the most, with €35 billion in net inflows, up from €23 billion in April. Equity funds, on the other hand, received €18 billion, down…

A US private equity firm will take control of NHS patient records in a deal experts say should “ring alarm bells” amid concerns sensitive health data is increasingly being handed to private companies.The investment firm TPG has bought Optum UK, the healthcare technology business behind the electronic patient record system used by most GP practices in England, in a deal worth about $400m (£300m).Doctors, campaigners, MPs and human rights groups say the transfer of a company handling millions of NHS patient records to a US private equity firm has taken place with little public scrutiny.A spokesperson for the campaign group…

Boosting cryptocurrency pricesCryptocurrency market performanceWashington, USA – Bitcoin spot exchange-traded funds (ETFs) in the United States have seen a halt in their positive cash flow surge, after recording outflows of funds, amid growing investor concerns that the US Federal Reserve may keep interest rates high or raise them again if inflationary pressures persist.Boosting cryptocurrency pricesThis shift comes after a period of strong inflows that supported Bitcoin funds and boosted the cryptocurrency’s price.However, caution has returned to the markets as investors await upcoming US economic data, which will largely determine the direction of monetary policy in the coming period.Analysts believe that…

Alongside Rutherford Chang, Leander Herzog, Kim Asendorf, Shl0ms, Roope Rainisto and Jack Butcher, the book also includes 60s computer compositions by A. Michael Noll, Rafael Rozendaal’s trippy patchwork art recently shown in MoMa, generative WebGL artworks, and Anna Ridler’s early and important NFTs, all of which share unique relationships with the digital medium and the act of viewing art through the desktop. NFTs can take all sorts of surprising forms – some look like fine art, classical even, whereas others can look distinctly digital.“Both Herzog and Asendorf in their own respective ways with Infinite Garden and PXL DEX have created…

The Federal Open Market Committee meets this week to decide whether to adjust interest rates. Fed watchers expect the central bank will hold rates steady, and that Federal Reserve Chairman Kevin Warsh will be a lot less loquacious than his predecessor.The Fed delivered a much shorter statement after Warsh’s first meeting in June, and Warsh said he’s scrapped what’s known as forward guidance — a brief summary of where members of the Fed’s leadership think rates are likely headed.Still, even if the Fed stays mum on rate projections, analysts certainly have forward guidance of their own.For example, markets are thinking…

Are you looking for relatively safe debt funds to invest for a few years? You can consider investing in Banking & PSU debt funds as these schemes have the mandate to invest at least 80% of their corpus in debt investments of banks, public sector undertakings, and public financial institutions.Mutual fund advisors say banking & PSU debt schemes are ‘relatively’ safe because these schemes invest only in bonds and papers of banks and public sector companies. Since most of these entities are government-backed, they don’t have the credit risk.Also Read | Explained: Thinking about building a Rs 1 crore corpus?…

Kruger said bitcoin needs to clear $67,300 to break out of the multi-week consolidation that has capped prices since June. A move above that level could signal the next leg of higher, while ether (ETH) faces a similar test at $2,000.Tom Lee, chairman of Bitmine and co-founder of Fundstrat, also noted ether’s recent outperformance relative to BTC as a bullish signal for crypto markets. The ETH-BTC ratio, which measures the price of ether in bitcoin, climbed to a three-month high on Monday.Rally lacks demand amid macro risksStill, not everyone is convinced about bitcoin’s strength.Nansen senior research analyst Nicolai Sondergaard said…