Real Estate
Bridgewater expands equity ownership for employees after blowout year
[NEW YORK] Hedge fund Bridgewater Associates plans to expand its employee ownership initiative next year, which will see more than 60 per cent of staff own equity in the...
CEO of 7-Eleven US retires as company undergoes broader revamp
US CONVENIENCE store chain 7-Eleven said its chief executive will retire at the end of this month, as Japanese parent Seven & i Holdings seeks a turnaround of the...
TikTok owner ByteDance on track for US$50 billion profit in 2025
BYTEDANCE is on track for profits of roughly US$50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into e-commerce and new...
European stocks hover near record on lingering policy optimism
EUROPEAN stocks hovered near a record on Friday, wrapping up the final full trading week of the year with optimism around further policy easing and resilient growth in the US.The Stoxx...
Hard Work Still Fuels Real Wealth Creation
A simple question exposed a hard truth: most people want more balance even if it means less money. The prompt was clear. Would you rather work 25 hours a...
Wall Street opens higher on tech rebound, Nike slumps
[NEW YORK] Wall Street’s main indexes opened higher on Friday (Dec 19), as technology stocks extended their rebound from an early-week sell-off, while Nike tumbled after weak China sales...
Grab to acquire Chinese firm Infermove to expand in AI robotics
[SINGAPORE] Grab Holdings has acquired Chinese tech company Infermove to expand in artificial intelligence-enabled robotics for food delivery.Grab sees Infermove’s solutions will complement its first- and last-mile delivery capabilities,...
China A500 ETFs inflows surge to record high towards year-end
Investors buy 8.7 billion yuan worth of shares in seven of the largest basket fundsINFLOWS to a group of exchange-traded funds (ETFs) tracking the CSI A500 Index surged to...
