Real Estate

Australia’s Myer to buy rival Premier’s apparel business in A4 million deal
Australia’s Myer to buy rival Premier’s apparel business in A$864 million deal
October 29, 2024
AUSTRALIAN department store owner Myer will buy retail billionaire Solomon Lew’s Premier Investments’ apparel brands business, in a deal valued at A$863.8 million (S$752 million), the companies said on...
Nippon Paint shares jump most in 24 years on US.3 billion deal
Nippon Paint shares jump most in 24 years on US$2.3 billion deal
October 29, 2024
SHARES of Nippon Paint surged following its announcement of a deal to acquire a US-based chemicals formulator. The stock price for the Japanese firm gained as much as 23.6...
Waymo raises US.6 billion from outside investors
Waymo raises US$5.6 billion from outside investors
October 29, 2024
AMID its push to grow its fleet of autonomous robot taxis and expand into new cities, Waymo has raised US$5.6 billion from outside investors, its largest funding round to...
Bitcoin tops US,000 for first time since June as election nears
Bitcoin tops US$71,000 for first time since June as election nears
October 29, 2024
BITCOIN rose past US$71,000 for the first time since June, bolstered by inflows into dedicated exchange-traded funds (ETFs) as well as speculation about potential outcomes from next week’s US...
M1 to acquire 70% stake in Vietnamese IT solutions provider for 719.9 billion dong
M1 to acquire 70% stake in Vietnamese IT solutions provider for 719.9 billion dong
October 29, 2024
MOBILE network operator M1 is acquiring a 70 per cent stake in Vietnam-based IT solutions provider, ADG National Investment and Technology Development, for a total purchase consideration of 719.9...
Forget China, Chanel exec warns of luxury fatigue risk
Forget China, Chanel exec warns of luxury fatigue risk
October 28, 2024
A SLOWDOWN in the key Chinese market is currently lashing the financial performance of luxury houses but a Chanel executive warned on Monday (Oct 28) it faces an even...
Petronas plans significant expansion in Indonesia, country head says
Petronas plans significant expansion in Indonesia, country head says
October 28, 2024
MALAYSIAN state energy company Petronas plans an “aggressive” expansion in Indonesia, which involves creating hub for its operations in East Java and investing in exploring the country’s far-flung eastern...
European banks to extend dealing with Indian clearing houses
European banks to extend dealing with Indian clearing houses
October 28, 2024
This comes after a dispute between Indian and European regulators, which risks disrupting billions of rupees of trading if unresolvedMARKET regulators in France and Germany asked their banks to...
Cnooc profit rises as expanded output offsets weaker demand
Cnooc profit rises as expanded output offsets weaker demand
October 28, 2024
CNOOC posted a rise in third-quarter profit after the company offset lower crude oil prices with increased output. China’s largest offshore oil and gas driller said net income rose to...
Top SGX-listcos beat 2025 target for women directors; smaller ones still lagging
Top SGX-listcos beat 2025 target for women directors; smaller ones still lagging
October 28, 2024
The Council for Board Diversity says its interim numbers show that women’s participation on the boards of these companies has trebled to 25.3%, from 7.5 per cent in 2013THE...