Hongkong Land News
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Office rents in Jakarta are surging at rates faster than the rest of the Asia-Pacific region, as demand from companies in Southeast Asia’s biggest economy outpaces the supply of new buildings.
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Hongkong Land Holdings Ltd., one of the biggest landlords in the city’s Central business district, climbed to record in Singapore trading amid optimism office rents in Hong Kong may be bottoming.
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The following companies may have unusual price changes in Singapore trading. Stock symbols are in parentheses, and share prices are from the previous close.
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The following companies may have unusual price changes in Asian trading tomorrow. Stock symbols are in parentheses, and share prices are as of the latest close. The information in each item was released after markets shut unless stated otherwise.
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Singapore’s Straits Times Index gained 0.3 percent to 3,191.88 at the close. Two stocks dropped for each that rose in the benchmark equity index of 30 companies.
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Singapore’s Straits Times Index dropped 0.5 percent to 2,729.37 at the close, wiping off gains of as much as 1.4 percent. Three stocks fell for every two that rose in the index of 30 companies.
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Singapore’s Straits Times Index dropped 2.6 percent to 2,720.53 at the close. All stocks in the index of 30 companies fell.
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Singapore’s Straits Times Index lost 1 percent to 2,646.35 at the close, with all but five stocks falling in the 30-member gauge. The index extended its yearly drop to 17 percent, its first annual decline since 2008.
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Singapore’s Straits Times Index gained 0.8 percent to 2,711.02 at the close. Six stocks advanced for each that fell in the 30-member gauge.
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Over the past decade, car-repair shop owner Benny Chan has seen more than 70 percent of his small-business peers disappear as his Hong Kong neighborhood fills up with high-end Western bars and Japanese restaurants.
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