Ascendas Real Estate Investment Trust has issued $950 million Hong Kong dollars ($122.1 million) worth of notes as the firm locks in a new round of funding at a low interest rate, according to an announcement from the Singapore-based REIT on Monday.
Stocks and the currency of Indonesia, the world's top thermal coal exporter, fell on Thursday as China coal futures plunged amid signs of Beijing's intervention, while Malaysian shares eased 1% after news of US regulatory action on a glove maker.
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The Straits Times
Gainers outnumbered losers 300 to 177 on trade of 1.56 billion shares worth $1.15 billion.PHOTO: ST FILE
PublishedJun 23, 2021, 9:19 pm SGT
https://str.sg/34VG
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BENGALURU (May 5): Thai equities and the baht weakened on Wednesday as investors caught up with the grim news of a resurgence in Covid-19 infections in the country shortly after it resumed trade, while its central bank stood pat on interest rates.
In a data-heavy day for Asia, most currencies traded flat to lower against the US dollar, while equities in the Philippines and Singapore slid around 1% each.
The baht weakened and stocks tumbled almost 2% to mark their worst day in three months as the economy battled fresh Covid-19 infections, dampening hopes of a recovery in trade and tourism.
The Bank of Thailand (BoT) left interest rates at a record low of 0.50%, as expected, citing limited policy room in the face of the latest Covid-19 wave and warned that fiscal 2021 growth could come in lower than forecast.