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Singapore Reits will be resilient in 2023 amid payouts, says DBS

  Bloomberg Real estate investment trusts (REITs) in Singapore will remain attractive to investors amid market volatility, according to DBS Group Holdings Ltd. REITs “offer resiliency given their attractive and growing distribution yields” as investors are turning defensive, Eng-Kwok Seat Moey, group head of capital markets at DBS, said. Interest rates have climbed globally, pressuring returns for some investments. While ...

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Russia is running out of missiles, says Ukraine’s security chief

Bloomberg Russia has enough firepower for only three or four more missile barrages of the kind that have devastated Ukraine’s energy infrastructure, Kyiv’s top defense official said. “We understand how much they’ve expended so far — we understand that they don’t have so many,” Oleksiy Danilov, secretary of the National Security and Defense Council, said in an interview. As the ...

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Poland, Lithuania hold up EU’s new sanctions for Russia

Bloomberg Poland and Lithuania are blocking the European Union’s ninth package of sanctions against Russia, a government minister said ahead of a meeting of the bloc’s leaders. Lithuanian Foreign Minister Gabrielius Landsbergis told reporters in Vilnius that a proposed weakening on food security potentially opens a loophole and the possibility for sanctioned Russian oligarchs to increase their wealth. “We cannot ...

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