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World 04 Sep 2020 | 5:01 AM

U.S. services sector expands in August at slower pace

WASHINGTON, Sept. 3 (Xinhua) -- The U.S. services sector expanded in August for the third consecutive month, but the pace of growth slowed, the Institute for Supply Management (ISM) reported Thursday.

World 18 Aug 2020 | 2:45 AM

Gold up on weaker bond yields

CHICAGO, Aug. 17 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Monday as U.S. treasury bonds weakened.

Property 15 Aug 2020 | 7:00 AM

REITs: A defensive play for yield hungry investors

OVER the past month, most of the retail- and hospitality-based real estate investment trusts (REITs) had announced their quarterly results for the second quarter (Q2) period and the underlying picture is that these REITs are under pressure, brought about by the movement control order (MCO) as well as sluggish growth during the recovery MCO (RMCO) period.