Business

Local stock markets opened on Wednesday and fell 0.14%

22 May 2025
There were 14 overseas index components rising, with Urban Development (CDL) leading the market, up 1.27% to 4.79 yuan; followed by CapitaLand Ascendas REIT, up 1.16% to 2.61 yuan. Singapore stock market opened on Wednesday (May 21). As of 9:15 am,...

Luxury shophouse Duxton Reserve sold for RMB 80 million

20 May 2025
The hotel buyer, Lotus One Investment, is a family office established by Chandra P. Khetan in Singapore in 2016. He is the son of Mohan G. Ktan, one of the late wealthiest industrialists in Nepal. Khetan is a diversified group enterprise with busine...