Real Estate

Apple results top Wall Street targets on strong iPhone sales, shares slip on outlook
Apple results top Wall Street targets on strong iPhone sales, shares slip on outlook
October 31, 2024
APPLE’S AI-enhanced iPhone made a strong start, helping push quarterly sales ahead of Wall Street expectations, but questions about whether the rollout will continue apace were underscored by a...
Equity-focused gold ETFs may miss out on market tailwinds
Equity-focused gold ETFs may miss out on market tailwinds
October 31, 2024
BULLION-BACKED exchange-traded funds (ETFs) have been gaining traction, as they ride on the strong price momentum of the yellow precious metal. However, market watchers noted that prices of gold...
Abu Dhabi firms to launch tokenised US Treasuries fund
Abu Dhabi firms to launch tokenised US Treasuries fund
October 31, 2024
ABU Dhabi firms Realize and Neovision Wealth Management have launched an investment vehicle that will buy units of exchange traded funds (ETFs) focused on US Treasury Bills and convert...
BlackRock gets nod from Saudi Arabia for regional HQ in Riyadh
BlackRock gets nod from Saudi Arabia for regional HQ in Riyadh
October 31, 2024
BLACKROCK received approval from Saudi Arabia to set up its regional headquarters in Riyadh, the latest sign that the kingdom is having some success in attracting more financial firms...
Trafigura facing US.1 billion hit in Mongolia after fraud probe: sources
Trafigura facing US$1.1 billion hit in Mongolia after fraud probe: sources
October 31, 2024
Trafigura Group is preparing to take a US$1.1 billion hit after discovering what it suspects was fraud involving employees in its Mongolian oil business, according to people familiar with...
Australian consumer regulator sues Singtel’s Optus over alleged sales misconduct
Australian consumer regulator sues Singtel’s Optus over alleged sales misconduct
October 31, 2024
THE Australian Competition and Consumer Commission (ACCC) has filed court proceedings against subsidiary Optus mobile, said Singtel in a bourse announcement on Thursday (Oct 31).The court proceedings, filed in...
Europe: Stoxx 600 hits 1-month low as bleak earnings weigh, tech stocks slump
Europe: Stoxx 600 hits 1-month low as bleak earnings weigh, tech stocks slump
October 30, 2024
Europe’s main stock index fell 1 per cent to its lowest in over a month on Wednesday (Oct 30), as technology and mining stocks led a broader market decline...
China Life says profit jumps as market rally lifts returns
China Life says profit jumps as market rally lifts returns
October 30, 2024
CHINA Life Insurance said profit surged 174 per cent in the first nine months of the year as a rally in the nation’s stock market bolstered investment returns. Net income...
GoTo’s Q3 losses narrow to 1.7 trillion rupiah as user figures rise
GoTo’s Q3 losses narrow to 1.7 trillion rupiah as user figures rise
October 30, 2024
GOTO Group narrowed its losses by 29 per cent to 1.7 trillion rupiah (S$143.1 million) for the third quarter ended Sep 30, 2024, from 2.4 trillion rupiah a year...
Nikkei closes at 2-week peak as tech shares track Nasdaq higher
Nikkei closes at 2-week peak as tech shares track Nasdaq higher
October 30, 2024
Japan’s Nikkei share average rose to a two-week closing high on Wednesday (Oct 30), as technology stocks tracked the Nasdaq’s record finish overnight.The Nikkei climbed 0.96 per cent to...