Real Estate
Hongkong Land to sell 147,025 sq ft of One Exchange to HKEX, launch share buyback programme
[SINGAPORE] Property group Hongkong Land will sell 147,025 square feet (sq ft) of One Exchange Square to Hong Kong’s stock exchange operator for HK$6.3 billion (S$1.1 billion) and launch...
Southwest CEO says US airline industry is already in a recession
The Dallas-based carrier is more dependent on domestic leisure travellers for revenue than US peers with more extensive international operations and corporate business clientsPublished Fri, Apr 25, 2025 ·...
JD.com’s delivery clash with Meituan may worsen US$70 billion rout
[HONG KONG] While much of the world is focused on a volatile international trade war, two of China’s largest Internet companies are inflicting greater damage on each other at...
US bank regulators pull back guardrails on bank crypto activities
Published Fri, Apr 25, 2025 · 08:05 AM[WASHINGTON] US banking regulators announced on Thursday (Apr 24) that they were pulling back several documents that urge banks to show caution...
Intel delivers disappointing forecast, moves to slash jobs
[SAN FRANCISCO] Intel, the chipmaker attempting a comeback under new chief executive officer Tan Lip-Bu, gave a weak forecast for the current period and said it’s cutting workers to...
US: Stocks rise for 3rd straight day
Published Fri, Apr 25, 2025 · 06:06 AM[NEW YORK] Wall Street stocks rallied for a third straight session on Thursday (Apr 24), shrugging off mixed earnings and signs US...
US: S&P 500 edges higher with trade negotiations, earnings in focus
Published Thu, Apr 24, 2025 · 09:48 PM[NEW YORK] The S&P 500 edged up at the open on Thursday (Apr 24), as investors assessed a bevy of mixed corporate...
Hong Kong bourse operator to shift headquarters in US$812 million deal
Published Thu, Apr 24, 2025 · 07:56 PM[HONG KONG] Hong Kong’s bourse operator will shift its headquarters, it said on Thursday (Apr 24) and will take over the top...