Macerich expects to close an off-market acquisition by year-end with a 9% to 11% stabilized yield
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Gold and stocks rally after US midterms, greenback dips: Key takeaways for Singapore investors
Gold prices rose and Wall Street stocks rallied but the US dollar dipped after the Democrats swept both chambers of Congress.
Agniveer Scheme: Inside Cabinet’s big announcement — Two-year extension in service, chance to join regular army and more
The Ministry of Defence said in a statement on Wednesday that the Union Cabinet has officially established a comprehensive pathway for all Agniveers to be absorbed into the Indian Defence Forces.
M&M Q2 consolidated profit rises 25% to ₹4,588 cr on strong auto show
Auto business profit jumped 55 per cent as revenue grew 39 per cent, while the farm business saw lower sales and profitability amid a festive-season shift and margin pressure
Safaricom makes more from M-PESA overdrafts as borrower numbers surge
Safaricom generated KES 4.9 billion ($38 million) from M-PESA Fuliza, its overdraft service that lets customers complete transactions when they lack enough money in their wallets.
Illicit cigarette trade costs Kenya Sh47bn in lost tax revenue, study finds
The research estimates that the lost revenue could have funded key government programmes, including the construction of about 48,000 affordable houses, the purchase of 19 million bags of subsidised fertiliser or 12 million bags of maize.
Dubai stocks post best day in seven months, m-cap tops Dh1 trillion again
Dubai: The Dubai Financial Market (DFM) rose 3.95 per cent in late trade on Wednesday, its biggest daily gain since April 8. On Thursday it continued in the green, up 0.17 per cent and trading at 6,051.23. The gains have pushed DFM's market capitalization back above Dh1 trillion, compared with Dh967.22 billion a day earlier.