Real Estate
Europe’s airlines dial up pressure in face of Chinese threat
AIR-FRANCE KLM is lobbying the French government to cap the number of flights that mainland Chinese carriers can make to Europe, according to sources familiar with the matter, in...
Yeo Hiap Seng bumps up Vitasoy stake to 4% with HK$133.8 million share purchase
The move is to raise its exposure to the plant-based beverage industry in mainland China and Hong KongYEO Hiap Seng has further acquired 21.1 million shares in Vitasoy for...
Bernard Arnault’s US$37 billion wealth loss comes as luxury dims in China
EIGHTEEN months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was the world’s wealthiest person.Fast forward to Wednesday (Oct 16) and...
Dear UOL board: don’t stay a crouching tiger, unleash the hidden dragon in the stock
PROPERTY developer UOL Group has been making astute investments and executing well on various fronts of late. However, this good work may...
US: Wall Street opens flat after tech selloff
Wall Street’s main indexes were little changed at the open on Wednesday (Oct 16), as investors took a breather following a selloff in tech and oil stocks in the...
Chinese cyber association calls for review of Intel products sold in China
INTEL products sold in China should be subject to a security review, the Cybersecurity Association of China (CSAC) said on Wednesday (Oct 16), alleging the US chipmaker has “constantly...
Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record
MORGAN Stanley’s profit surpassed estimates on a bumper third quarter for investment banking that had also buoyed rivals, sending its stock to a record.
A revival in corporate debt issuance,...
Horizon Robotics seeks US$696 million in Hong Kong IPO, would be city’s largest in 2024
CHINESE autonomous driving firm Horizon Robotics is aiming to raise up to US$696 million in a Hong Kong initial public offering, as the city’s listings market shows signs of...
