Leadership
Japan plans driverless bullet trains
SHINKANSEN bullet trains could be whizzing around Japan without drivers from the mid 2030s, one of its main rail operators said, motivated in part by the country’s demographic crisis.East...
Asia: Markets drop on economy worries, yen rallies
EQUITIES slipped on Wednesday following a mixed day on Wall Street, as worries about the world’s top two economies offset optimism that the Federal Reserve will start cutting interest...
Blackstone sells second commercial mortgage bond to fund buyout
BLACKSTONE is selling US$1.05 billion of commercial mortgage bonds to help pay for a deal it struck in April to acquire AIR Communities, an apartment landlord. The debt consists...
Gold prices steady with focus on US inflation data
GOLD prices were steady on Wednesday (Sep 11), as investors awaited upcoming key US inflation data for hints on the depth of interest rate cuts expected from the Federal...
US airlines may soon face cash penalties for delayed flights
IF YOU have flown domestic in the United States in the last four years, you have likely faced at least one or two flight delays or cancellations-or worse, complete...
Property website Rightmove rejects £5.6 billion Murdoch bid
UK ONLINE property website Rightmove said on Wednesday (Sep 11) that it had rejected a multi-billion-pound takeover proposal from Australian peer REA Group, majority owned by Rupert Murdoch’s News...
BMW brake recall and VW job threat deepen German industry crisis
GERMAN carmakers are sinking deeper into a crisis undermining the future of the country’s most important industry, with BMW warning that profits will get hit by a costly brake...
Oil settles near 3-year low on weak demand outlook
GLOBAL oil benchmark Brent crude futures settled at their lowest level since December 2021 on Tuesday, after Opec+ revised down its demand forecast for this year and 2025, offsetting supply concerns...
