Real Estate
US: Dow, S&P 500 finish at fresh records
THE Dow and S&P 500 pushed to fresh records on Monday, extending a positive stretch in anticipation of more central bank easing.Analysts pointed to a boost after China’s central...
Qualcomm’s potential Intel buyout could raise antitrust, foundry concerns
A POTENTIAL deal to buy Intel could accelerate Qualcomm’s diversification, but will burden the smartphone chipmaker with a loss-making semiconductor manufacturing unit that it may struggle to turn around...
Euro drops as glum PMI readings stoke bets on more ECB easing
THE euro fell against the US dollar on Monday (Sep 23) as business activity readings painted a grim picture of the eurozone economy and fuelled bets on more interest...
MAS orders Qoo10 to stop payment services in Singapore
THE Monetary Authority of Singapore (MAS) has directed Singapore-headquartered e-commerce platform Qoo10 to suspend its provision of payment services locally from Sep 23.
This comes after the authorities received several...
EVs to get boost from extended incentives, but hybrids could suffer from emission rebate cut
Even as changes show Republic’s commitment to electric vehicles, some say that hybrids are still relevantRECENT tweaks to two clean-vehicle schemes show Singapore’s commitment to electric vehicles (EVs) –...
US curbs on Chinese EV software tech risk spreading much further
A US plan that would further limit Chinese electric vehicles (EVs) with software and hardware curbs may have ramifications beyond the car industry and could result in retaliation against...
China Resources Beverage aims to launch up to US$1 billion Hong Kong IPO in October: sources
DRINKS maker China Resources Beverage is aiming to launch its Hong Kong initial public offering to raise up to US$1 billion in October, according to two sources with direct...