Real Estate
Losses from crypto scams grew 45% in 2023, FBI says
LOSSES from cryptocurrency-related frauds and scams increased 45 per cent in 2023 from 2022, totalling more than US$5.6 billion, as scammers increasingly took advantage of the speed and irreversibility...
Oil prices edge up as storm nears US Gulf Coast after week of heavy losses
OIL prices rose about 1 per cent on Monday on concerns that a hurricane forecast to hit Louisiana on Wednesday will disrupt production and refining along the US Gulf Coast.Brent...
Europe: Shares rebound from dour week with central banks in focus
EUROPEAN bourses rose on Monday, recovering from steep declines the previous week as focus shifted to an anticipated interest rate cut from the European Central Bank on Thursday.The pan-European Stoxx 600 index closed...
US: Stocks rebound as Apple launches iPhone built for AI
WALL Street stocks rose on Monday in a partial rebound from last week’s retreat after a major Apple iPhone launch and ahead of key inflation data.Apple announced new iPhones built for...
Unitholders of Dasin Retail Trust fail to pass resolutions at EGM convened by requisitionists
UNITHOLDERS of Dasin Retail Trust failed to pass a resolution seeking the removal of the manager of the trust at an extraordinary general meeting (EGM) convened by requisitionists on...
HSBC mulls combining commercial, investment bank to cut costs
HSBC Holdings is weighing combining its commercial and investment bank divisions as part of new chief executive officer Georges Elhedery’s push to eliminate overlapping roles across the company and...
PayPal teams up with Shopify in CEO’s latest partnership deal
PAYPAL Holdings added Shopify to its list of recent partnerships, reaching a deal to process some of the payment company’s debit- and credit-card transactions.
As part of the agreement, PayPal’s...
Panasonic’s energy unit prepares for high-capacity EV battery production
THE energy unit of Japan’s Panasonic Holdings has finalised preparations for the mass-production of its high-capacity electric-vehicle batteries, the company said on Monday (Sep 9), as it seeks to...
