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Singapore stocks buoyed by optimism from Wall Street gains

The Straits Times Gainers outnumbered losers 300 to 177 on trade of 1.56 billion shares worth $1.15 billion.PHOTO: ST FILE PublishedJun 23, 2021, 9:19 pm SGT https://str.sg/34VG They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months. including the ST News Tablet worth $398. Let s go!

Thai baht, shares fall ahead of central bank review; Indian stocks firm

BENGALURU (May 5): Thai equities and the baht weakened on Wednesday as investors caught up with the grim news of a resurgence in Covid-19 infections in the country shortly after it resumed trade, while its central bank stood pat on interest rates. In a data-heavy day for Asia, most currencies traded flat to lower against the US dollar, while equities in the Philippines and Singapore slid around 1% each. The baht weakened and stocks tumbled almost 2% to mark their worst day in three months as the economy battled fresh Covid-19 infections, dampening hopes of a recovery in trade and tourism. The Bank of Thailand (BoT) left interest rates at a record low of 0.50%, as expected, citing limited policy room in the face of the latest Covid-19 wave and warned that fiscal 2021 growth could come in lower than forecast. 

Ascendas Reit makes debut investment in European data centres for S$904 6 million

Share this article Share this article SINGAPORE, March 17, 2021 /PRNewswire/  Ascendas Funds Management (S) Limited (the Manager ), in its capacity as the manager of Ascendas Real Estate Investment Trust ( Ascendas Reit ) (Singapore: A17U), is pleased to announce the Proposed Acquisition of a portfolio of data centres located across Europe (the Proposed Acquisition )[1], for S$904.6 million[2] ( Total Consideration ) from subsidiaries of Digital Realty Trust, Inc. ( Vendor ). The portfolio comprises 11 data centres (the Target Portfolio or Target Properties ) located across the United Kingdom ( UK ) (4 properties), the Netherlands (3 properties), France (3 properties) and Switzerland (1 property).  Located in London, the largest and most mature colocation data centre market in Europe, the two-storey Croydon (pictured) is one of the 11 European data centres that Ascendas Reit is acquiring. The DPU accretive acquisition marks the Reit’s maiden investment in European data

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