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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
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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. ....

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Ascendas Real Estate Investment TrustWohin geht die Reise, ? ()

Ascendas Real Estate Investment TrustWohin geht die Reise, ? ()
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Ascendas Reit makes debut investment in European data centres for S$904.6 million

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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 Eu ....

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Ascendas Reit makes debut investment in European data centres for S$904.6 million

Ascendas Reit makes debut investment in European data centres for S$904.6 million
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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