Tuesday , 10 February 2026

Recent Posts

S’pore property trust IPOs surge to 6-year high

Bloomberg Singapore real estate investment trusts are on a money-raising spree. Lendlease Global Commercial REIT began taking investor orders on Tuesday for an initial public offering that could raise as much as S$740.3 million ($538 million) in what would be Singapore’s third-largest IPO this year. REITs have raised $1.63 billion in Singapore IPOs so far this year, the highest since …

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Central banks have nothing to fear from Libra: Facebook

Bloomberg Facebook Inc is once again defending Libra — this time against fears that the envisioned cryptocurrency could replace sovereign currencies from the US dollar to the Euro and threaten central banks’ control over money creation. David Marcus, the executive leading the project, posted a series of tweets the same day members of the Libra Association met with regulators convened …

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Krona slumps as Swedish jobless data hits four-year high

Bloomberg Sweden’s unemployment rate unexpectedly spiked to a four-year high in August, raising questions around the central bank’s plans to hike interest rates and driving the krona lower. The seasonally-adjusted jobless rate jumped to 7.4 percent, much worse than the 6.8 percent reading in a Bloomberg survey of economist estimates. The news, which resulted in a 0.8 percent decline in …

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