Author: Admin

This picture taken on March 26, 2026 shows an oil tanker unloading crude oil at a port in Yantai, in China’s eastern Shandong province. CN-STR | Afp | Getty ImagesThe U.S. Treasury warned financial institutions Tuesday that they could face sanctions if they engage in dealings with Chinese refineries that process Iranian oil. The Treasury urged financial institutions in a statement to avoid facilitating transactions involving independent refineries, known as “teapots,” that import Iranian oil, as such transactions may expose them to sanctions.China purchases approximately 90% of Iran’s oil exports, the Treasury noted, with teapot refineries accounting for the majority…

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A definitive agreement for to acquire for an $880 million enterprise value is a high-stakes strategic survival maneuver masked as a property technology (prop-tech) expansion. Facing severe margin compression in the post-National Association of Realtors settlement era, Real is sacrificing its balance sheet for immediate global distribution. The core investment thesis now rests on whether aggressive technological integration can outpace the structural headwinds currently suffocating traditional real estate sector models. This deal is more than an opportunistic buy; it’s a calculated strategic response to a fundamental reshaping of the residential real estate industry, where scale and efficiency have become the…

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Bitcoin BTC$77,642.53 is down 3% in Asian morning trading, holding near $77,000 as markets brace for a week packed with macro catalysts. The move appears driven more by caution than a shift in sentiment.In a note to CoinDesk, Singapore-based Enflux, a market maker, said traders are reluctant to push bitcoin higher ahead of Wednesday’s rate decision and a cluster of data releases later in the week, including GDP, PCE inflation, and the Employment Cost Index. Together, those prints will shape expectations for when, or if, the Fed can begin cutting rates in the second half of the year.For now, the…

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(RTTNews) – Mapletree Pan Asia Commercial Trust (N2IU.SI) reported a fourth quarter loss to unitholders of S$26.7 million compared to profit of S$395.3 million, prior year. Loss per unit, in cents, was 0.51 compared to profit of 7.50. Fourth quarter gross revenue was S$210.74 million, down 5.5% from prior year. Net property income was s$159.6 million, down 5.9%. As at 31 March 2026, MPACT’s total assets under management was S$15.2 billion, comprising 15 commercial properties across five key gateway markets of Asia – four in Singapore, one in Hong Kong, two in China, seven in Japan and one in South…

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Stake, the MENA region’s leading digital real estate investment platform, has entered into a strategic partnership with ACE & Company, a Swiss-headquartered global investment group managing over $2.0billion in assets. Together, the firms are developing liquidity solutions and a secondary transfer facility for investors utilizing Stake’s products. Initially, the agreement will focus exclusively on Stake’s real estate portfolio within the UAE. These assets are currently held through Prescribed Companies, which operate as Special Purpose Vehicles (SPVs) within the Dubai International Financial Centre (DIFC). Building a more liquid marketplace By combining Stake’s innovative access model with ACE & Company’s two decades…

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(RTTNews) – Deutsche Boerse (DB1GN.DE, DB1.DE) said the company’s outlook for the full year 2026 remains unchanged. The company noted that its first quarter was marked by high volatility and geopolitical uncertainty. Deutsche Boerse said it has achieved a strong operational performance. Jens Schulte, CFO of Deutsche Börse Group, said: “With the good start to the year, we are fully on track to achieve our ambitious goals for the full year.” For the first quarter, net profit attributable to shareholders was 585 million euros compared to 525 million euros, a year ago, an increase of 11 percent. Earnings per share…

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Goldman Sachs raises oil price forecast as war disruption hits productionThe deadlock in the Middle East confict has prompted Goldman Sachs to raise its oil price forecast.Goldman Sachs now estimate that Brent crude will trade at about $90 a barrrel in the last quarter of this year, up from an earlier projection of $80. US crude is forecast to average $83 in October-December, up from $75 before.Goldman blames “lower Persian Gulf production” for the upgrade, telling clients: double quotation markWe now assume a normalisation in Gulf exports by end-June (v mid-May prior) and a slower Gulf production recovery. The economic…

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