Lifestyle

Pound firm as investors embrace ‘boring is good’ with Labour win
Pound firm as investors embrace ‘boring is good’ with Labour win
THE pound held firm on Thursday after exit polls suggested Keir Starmer’s Labour party was set to win a massive majority in the UK general election, affording investors some...
Netflix, Paramount ask Canada court to quash new Trudeau tax
Netflix, Paramount ask Canada court to quash new Trudeau tax
US STREAMING service giants are asking a Canadian court to block Prime Minister Justin Trudeau’s new 5 per cent tax on their revenues in the country, which is supposed...
Saudi’s PIF to invest US0 million in Hong Kong Chaoshang
Saudi’s PIF to invest US$500 million in Hong Kong Chaoshang
SAUDI Arabia’s sovereign wealth fund Public Investment Fund (PIF) intends to invest US$500 million in Hong Kong Chaoshang Group, the investment holding company said on Thursday (Jul 4). The investment...
China, UAE in talks to increase flights between them
China, UAE in talks to increase flights between them
China and the United Arab Emirates are seeking to increase bilateral air traffic rights after years of stagnant travel growth, a move that would seek to boost trade and...
IReit Global manager to appoint new CEO and CIO
IReit Global manager to appoint new CEO and CIO
THE manager of IReit Global on Thursday (Jul 4) said it has picked Peter Viens to be its new chief executive, following the departure of existing CEO Louis d’Estienne...
EU slaps Chinese electric cars with tariffs of up to 38%
EU slaps Chinese electric cars with tariffs of up to 38%
The European Union on Thursday (Jul 4) slapped extra provisional duties of up to 38 per cent on Chinese electric car imports because of “unfair” state subsidies, despite Beijing’s...
US dollar weakness helps pound and euro, elections in focus
US dollar weakness helps pound and euro, elections in focus
THE pound and the euro gained against the US dollar, after weak US economic data sent the greenback lower on Wednesday (Jul 4) and as voting began in Britain...
Gas leak at Malaysia’s Kuala Lumpur airport affects 20 staff
Gas leak at Malaysia’s Kuala Lumpur airport affects 20 staff
The 20 people affected, all of whom were airport personnel, had complained of dizzinessAround 20 people at Malaysia’s Kuala Lumpur international airport were sent for medical treatment on Thursday...
China asks state companies to add 60 million barrels of oil to reserves
China asks state companies to add 60 million barrels of oil to reserves
CHINA has asked its state oil companies to add 8 million tonnes, or nearly 60 million barrels, of crude oil to the country’s emergency stockpiles to boost supply security,...
Barclays to sell German consumer finance business
Barclays to sell German consumer finance business
BARCLAYS is selling its German consumer finance business to Austrian bank BAWAG Group for a small premium to net assets, it said on Thursday (Jul 4).This comes amid the...