Real Estate
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...
Hyundai Motor India dips in debut after record US$3.3 billion IPO
HYUNDAI Motor India shares slipped as much as 2.6 per cent early in their Mumbai debut, a lacklustre start to trading in what has been one of the world’s...
Bank Indonesia intervenes as Trump, Fed jitters weigh on rupiah
BANK Indonesia (BI) intervened in currency markets to support the rupiah as traders price in greater prospects of a Donald Trump victory in the US elections and a more...
