Real Estate
Fed’s Powell expects good relations with Trump administration
US Federal Reserve chair Jerome Powell downplayed the prospects of tension with the incoming Trump administration and said he expects officials can move cautiously as they continue lowering interest...
Foot Locker to emphasise newer Nike styles at stores amid soft demand for its shoes
FOOT Locker executives said on Wednesday (Dec 4) that they are working closely with Nike to emphasise its newer styles, including Vomero and Air DT Max shoe models, amid...
Robinhood to launch in Asia in 2025 with Singapore HQ
ROBINHOOD Markets will expand into Asia next year, tapping Singapore as its local base in the region, chief executive officer Vlad Tenev said.“We plan to be serving customers across...
US CFTC relief reaches record US$17.1 billion with crypto crackdown
The US Commodity Futures Trading Commission’s (CFTC ) fines and investor relief hit a record US$17.1 billion, largely due to the agency’s crackdown on defunct crypto exchange FTX.Most of...
Bankers can expect a bumper bonus after standout year, but hopefully it won’t be an obscene sum
Bank profits hit all-time highs for the first nine months of 2024, with their share prices reaching multi-year peaksDECEMBER conjures up some wonderful imagery; it is a month filled...
Volkswagen CEO clashes with workers as conflict over closures, pay deepens
VOLKSWAGEN’S (VW) CEO and labour boss clashed during a staff meeting on Wednesday (Dec 4), with management pushing for major cuts while workers warned of more strikes if plant...
US: Wall St opens higher as investors await economic data, Powell comments