Real Estate
Banks tap Hong Kong’s discount window for most funds since 2019
HONG Kong banks borrowed the largest amount of short-term cash in almost five years from authorities, a move pointing to a sudden demand for liquidity.The Hong Kong Monetary Authority...
Samsung results disappoint as AI chip gap with rivals persists
SAMSUNG Electronics posted profit and revenue that fell short of market expectations, stoking uncertainty about the outlook of its pivotal chip division.The world’s biggest maker of memory chips and...
Saudi Arabia’s PIF eyeing stake in sports streamer DAZN: sources
SAUDI Arabia’s Public Investment Fund (PIF) is among potential bidders exploring the purchase of a minority stake worth around US$1 billion in DAZN, the sports-streaming group backed by billionaire...
FTX clear to repay customers as firms seek slice of US$1 billion
CRYPTOCURRENCY firm FTX won court approval to fully repay customers whose digital assets were locked on the platform when it imploded nearly two years ago, an unusual result that...
Singtel must show results from NCS, Optus divisions to drive further share price growth: analysts
They are also looking for potential expansion that emanates from big ticket deals, such as the data centre agreements announced earlier this yearTELCO giant Singtel’s share price has risen...
Goldman Sachs sees high bar for IPOs easing as market broadens
THE spreading of the rally across equity markets into more than just a handful of stocks is making room for more initial public offerings, according to Goldman Sachs Group’s...
Japan’s Nissan to invest in auto tech firm ChargeScape
JAPAN’S Nissan Motor said on Monday (Oct 7) it would invest an undisclosed amount in ChargeScape and roll out the battery charging technology company’s services to its electric-vehicle drivers...
Saudi Arabia tees up multibillion-dollar bet on hydrogen
SAUDI Arabia has been preparing to make a multibillion-dollar bet on hydrogen, and will launch a new company to produce the low-carbon fuel, sources said.The kingdom’s sovereign wealth fund,...
