Commentaries

Hypercity to Be Cautious on Store Expansion Plans

Hypercity, the hypermarket arm of retailer Shoppers Stop, is scaling down its store rollouts and tweaking the product mix to include high-margin goods in an effort to achieve break even faster.

Stocks News Singapore: Strong Property Sales Heighten Policy Risk

Brokers expect booming private residential property sales in Singapore, especially in the mass market segment, to result in the government imposing another round of tightening measures.

SOHO China Buys Shanghai Project For $339 Mln

Chinese developer SOHO China Ltd said it would buy an office and commercial project in Changning District in Shanghai for 2.14 billion yuan ($338.88 million) as it aims to raise its profile in Shanghai's major business districts.
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