Lifestyle
Europe: Stoxx 600 ends lower as rate uncertainty prevails
EUROPEAN stocks closed slightly lower on Tuesday (May 21), their third out of four sessions in the red, as caution around interest rate reductions dominated, with investors waiting for...
Chanel to open more stores in China even as growth shifts abroad
CHANEL plans to invest in opening more stores in mainland China despite a shift of spending by Chinese shoppers to other markets as they resume travelling, the French label...
Nearly one in 10 Apac Reit assets at high risk from climate change: report
CLOSE to one in 10 assets belonging to real estate investment trusts (Reits) across Asia-Pacific (Apac) will be at high risk from the effects of climate change and extreme...
Micron lifts 2024 capex forecast on rising investment in AI-related chips
Micron Technology on Tuesday (May 21) slightly raised its capital expenditure forecast for 2024, as the US chipmaker invests heavily to make high bandwidth memory (HBM) semiconductors to meet...
Warburg Pincus, Temasek buy insurance services firm SRG in £1 billion deal
WARBURG Pincus and Singapore’s Temasek agreed to acquire Specialist Risk Group (SRG), an independent insurance intermediary based in London.
US dollar edges down, Ether’s 2-month high fuels crypto rally
THE US dollar struggled for direction on Tuesday (May 21) as investors stuck to their views for the expected timing of Federal Reserve monetary easing this year.
Seatrium to pay US$68 million linked to interest following arbitration
SEATRIUM said on Tuesday (May 21) that it has agreed to pay US$68 million to MH Wirth to make good on the interest payable and all outstanding issues arising...
Goldman says equity investors bracing for return of volatility
STOCK investors are bracing for a spike in market volatility, and upcoming events such as Nvidia’s earnings report can exacerbate any moves, according to Goldman Sachs Group strategists.
