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Parkway Life REIT Renews IHH Healthcare Lease for Three Singapore Hospitals
02:52 AM EDT, 10/14/2021 (MT Newswires) -- Parkway Life REIT has officially renewed IHH Healthcare's (SGX:Q0F, KLSE:IHH) lease for three Singapore hospitals for another 20 years, according to a Wedne
News from major global companies last night and this morning: Huawei released P50 series phones pre-installed with the Hongmeng system
Ningde Times released first-generation sodium-ion batteries; global smartphone shipments in the second quarter increased 6.9% year over year; TSMC plans to increase semiconductor material production in mainland China; NIO, Xiaopeng, and Alibaba squeezed into the list of the top six stocks bought by US individual investors on Tuesday; and Amazon's second-quarter net profit increased 48% year over year.
Nomura: Benefiting from the reopening of the global economy, the Singapore stock market may become one of the best investment options in the Asia-Pacific region
The Singapore stock market may be one of the region's best options for re-inflationary, economic reopening, or cyclical recovery transactions.
The sea index has risen 9 per cent so far this year, and the turnover of related ETF has increased by 88 per cent year on year.
In the year to March 15, 2021, the Straits Times Index ("STI") rose 9.2 per cent to 3106.0 points. Together with dividend distribution, the total return rose to 9.4 per cent. The index has rebounded to less than 20 per cent of its May 2018 high, up more than 20 per cent from its level at the end of October 2020. The 120-day rolling correlation between the Straits Times index and the broader regional index, the FTSE ASEAN all-share index, has gradually fallen back from a high of 94% on March 23, 2020 to 73% on March 15, 2020. The total rate of return of the sea index fell during 2020.
Lion City Morning Post | Yihe Holdings buys remaining shares of Yihe Strategy for 5.5 billion US dollars
Jardine Matheson (Jardine Matheson), which accounts for a significant share of the local Straits Times Index, will buy the remaining 15% of the shares not held by Jardine Strategic (Jardine Strategic) for 5.5 billion US dollars (S$7.376 billion) to simplify the group structure.
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