Real Estate
ByteDance to sign US$10.8 billion corporate loan in Asian record
About 20 lenders – comprising international and Chinese banks, including some branches – will fund the deal ByteDance, the Chinese owner of TikTok, is set to sign a US$10.8...
Iron ore rallies back above US$100 as China’s shift boosts outlook
Futures are on course for the highest close since August, rising 3.5 per cent to US$101.95 a tonne in Singapore IRON ore headed for the biggest weekly gain since...
Medco Energi in talks to buy controlling stake in Senoko: sources
Medco Energi Internasional is in exclusive talks to buy a controlling stake in Senoko Energy, according to people with knowledge of the matter, in a deal that could value...
Musk’s X seeks Brazil comeback, retreats on ‘censorship’ feud
IN A major climbdown, Elon Musk’s X told Brazil’s Supreme Court it had complied with orders to stop the spread of misinformation and asked a judge to lift a...
Arm rebuffed by Intel after inquiring about buying product unit
ARM Holdings approached Intel about potentially buying the ailing chipmaker’s product division, only to be told that the business isn’t for sale, according to a person with direct knowledge of the...
China cuts banks’ reserve ratio as economic growth sputters
CHINA’S central bank said on Friday it would cut the amount of cash that banks must hold as reserves by 50 basis points, the second reduction this year aimed...
NTSB issues urgent safety recommendations on Boeing 737 rudder after Newark incident
THE National Transportation Safety Board on Thursday issued urgent safety recommendations about the potential for a jammed rudder control system on some Boeing 737 airplanes after a February incident...
Swatch CEO says no take-private plans underway as shares soar
SWATCH Group chief executive officer Nick Hayek said there are no plans underway to take the watchmaker private, although it’s something that “would be nice to do.”
The CEO made...
