Real Estate
BOE’s Bailey says tools need to improve to surveil non-banks
THE Bank of England needs to improve the ways it is able to track developments in the non-banking system, which is less transparent relative to the banking system, Bank...
US working ‘as fast as we can’ to finalise EV conversion grants: official
US ENERGY Secretary Jennifer Granholm said on Tuesday (Oct 22) the department is working “as fast as we can” to finalise US$1.7 billion in grants to fund the conversion...
US: Wall St opens lower as yields rise, investors assess earnings
US stock indexes opened lower on Tuesday (Oct 22), as rising Treasury yields pressured rate-sensitive shares, while investors parsed the latest set of company results to gauge the health...
Greenback just off August high, US rates and election in focus
THE US dollar was just off a 2½-month high on Tuesday (Oct 22) on expectations the Federal Reserve will take a measured approach in easing its policy, while a...
US banks prepare for new era of consumer financial data sharing
US BANKS will now have to give customers access to their financial data after the top consumer watchdog finalised a long-awaited rule aimed at fuelling more competition for financial...
Weak China demand puts brakes on Holiday Inn owner IHG in third quarter
HOLIDAY Inn owner InterContinental Hotels Group (IHG) reported a sharp slowdown in room revenue growth in the third quarter as weak demand in China and a subdued US market...
Airbus A380 finds favour with airlines amid planemakers’ delivery delays
These super jumbos are particularly useful to increase capacity in slot-constrained airports given their seat capacity, say consultantsCARRIERS – which had during the pandemic consigned the aircraft type Airbus...
US watching dark fleet ship-to-ship oil transfers in Asia waters
THE US is paying close attention to the ‘dark fleet’ of tankers carrying restricted oil and doing ship-to-ship transfers in South-east Asian waters, the State Department’s top energy official...
