Real Estate
Central banks may face volatile inflation for years to come: ECB’s Lagarde
PROFOUND shifts in the world economy could make inflation volatile for years to come, complicating efforts to control prices, but sticking with inflation-targeting regimes is still the best option,...
India central bank bought net US$6.93 billion in spot forex market in July
The Indian rupee depreciated by 0.4% against the dollar in July, the worst since MarchThe Reserve Bank of India (RBI) bought a net of US$6.93 billion in the spot...
Pertamina’s shipping unit to double tanker fleet in next 10 years
THE shipping unit of Indonesia’s state energy firm Pertamina plans to double its fleet of 320 tankers in the next 10 years, the unit’s chief executive officer Yoki Firnandi...
Apple wins big as US$250 billion of index trades hit Wall Street
AN ACTION-PACKED week on Wall Street ends with a bang as index-tracking funds are set to reshuffle US$250 billion of shares, just as a “triple witching” trading event hits....
World’s biggest millionaire boom draws wealth managers to Taiwan
TAIWAN’S position at the heart of the artificial intelligence (AI) boom is generating a dramatic increase in wealth, manufacturing about 90 per cent of the advanced semiconductors crucial to...
Lazada-backed TNG Digital eyes Malaysian IPO over next two to three years: sources
MALAYSIA’S largest fintech company TNG Digital is looking at a potential domestic initial public offering (IPO) over the next two to three years that could raise over US$300 million,...
MoneyHero trims Q2 loss to US$12.2 million
NASDAQ-LISTED MoneyHero reported a net loss of US$12.2 million for the second quarter ended Jun 30, narrowing from a loss of US$68.6 million in the year-ago period.This was attributed...
Sats, Sinoair to collaborate on strategic projects in ground, cargo handling
The collaboration will extend across their respective networks and include setting up gateway hubs for SinoairSATS will work with Chinese logistics company Sinotrans Air Freight (Sinoair) on ground and...