Real Estate
Intel solidifies US$3.5 billion deal to make chips for military
Intel has officially qualified for as much as US$3.5 billion in federal grants to make semiconductors for the Pentagon, according to people familiar with the matter, after the chipmaker...
Singapore ride-hailing firm Ryde’s shares plunge over 80% on New York Stock Exchange
Singapore ride-hailing and carpooling company Ryde saw its share price plunge by more than 80 per cent in the past week, a development that market analysts described as concerning,...
Europe: Stocks wrap up week on a high note; focus shifts to Fed
European stocks rounded off the week on a positive note, supported by technology, real estate and mining shares, while investors shifted their focus to the US Federal Reserve ahead...
Uber to launch driverless rides with Waymo in Austin and Atlanta
Uber will exclusively manage and dispatch a new fleet of Waymo’s all-electric Jaguar I-PACE vehiclesUber Technologies will be the sole supplier of driverless rides on Alphabet’s Waymo cars in...
Dollar hits nine-month low versus yen as Fed debate reignites
The dollar fell on Friday (Sep 13) to its lowest level this year against the Japanese yen after media reports reignited the debate about an outsized Federal Reserve rate...
Regulate liquidity, not just capital, to better stabilise financial systems
REGULATORS should improve liquidity management at banks to create a more stable financial system, as capital requirements may not be enough to do the job.
“(When) you raise the capital...
DSV to create global logistics giant with US$15.9 billion Schenker takeover
DENMARK’S DSV has agreed to buy Schenker, the logistics arm of German state rail operator Deutsche Bahn, for 14.3 billion euros (S$20.6 billion) in a deal that would make...
China holidays test consumer stocks mired in spending gloom
CHINA’S two upcoming public holidays are putting a spotlight on consumer-related shares amid a struggling spending recovery. Holiday consumption is in focus as a spending downswing and deflation risks...
