Capital Market

New REIT ETF Took Off from SGX

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A new ETF, REIT ETF took off today. Nikko AM – Straits Trading ex Japan REIT ETF started its trading on the Singapore Exchange (SGX) today. The security, which was priced at SGD1.00 during its initial offer period, opened slightly higher at SGD1.02 at the start of official trading on the bourse.   The ETF, which tracks […]

Economy

Japan revised up Q4 GDP to 1.2% annualized

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Japan’s economy grew faster than initially reported in the final quarter of 2016, with an upward revision in business spending and a jump in investment growth bolstering activity.   Asia’s second-largest economy grew at an annualized rate of 1.2% in the October-December quarter, revised up from a preliminary reading of 1.0 percent growth, according to […]