Real Estate
TikTok grabs US market share from Shein despite looming risks
TIKTOK Shop, the Bytedance-owned social media giant’s e-commerce feature, saw its sales outdo competition in the US just before President Donald Trump’s disruptive trade actions.
The popular video app, which...
ECB watchers are now forecasting even lower rates for 2026
Economists expect 0.9 per cent expansion in the euro area this year, down from 1 per cent in the previous pollEURO-ZONE forecasters are increasingly predicting that the European Central...
Evergrande, HNA units ordered to liquidate by Hong Kong’s judge
UNITS of two high-profile Chinese companies received Hong Kong court orders to liquidate, the latest in a string of wind-up decisions in the city as creditors ramp up their...
Marina Bay Sands gets record S$12 billion loan amid tourism boom
The loan will be used for refinancing and to fund the expansion of the company’s integrated resortMARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a...
Australia’s Star Entertainment gets potential lifeline as Oaktree offers debt refinancing
Oaktree’s offer is subject to numerous conditions and there is no certainty it will progress, Star saysSTAR Entertainment Group received a potential lifeline from alternative asset manager Oaktree Capital...
HSBC investors back CEO’s investment banking retrenchment
INVESTORS in HSBC are backing management attempts to shutter parts of its investment bank, even as US President Donald Trump’s deregulatory agenda fuels hopes for a boom in capital...
Applied Materials falls as export controls weigh on outlook
APPLIED Materials, the largest US maker of chip-manufacturing equipment, fell after issuing a lukewarm revenue forecast for the current period, citing the risk of export controls crimping its business....