Real Estate

Meituan’s sales beat estimates on strong food delivery demand
Meituan’s sales beat estimates on strong food delivery demand
August 28, 2024
MEITUAN’S quarterly revenue beat estimates after its core food delivery business expanded, offering a positive signal to investors increasingly worried about domestic consumer malaise. The dominant player in Chinese meal...
Demand falls for latest Singapore Savings Bond with 10-year average return of 3.1%
Demand falls for latest Singapore Savings Bond with 10-year average return of 3.1%
August 28, 2024
THE latest Singapore Savings Bond (SSB) allotted on Wednesday (Aug 28) saw a fall in the number of applications, as yields slipped from the earlier tranche. The September tranche...
Regulator cuts Malaysia Airlines’ air operator certificate duration after probe
Regulator cuts Malaysia Airlines’ air operator certificate duration after probe
August 28, 2024
Malaysia’s civil aviation regulator has cut the duration of Malaysia Airlines’ air operator certificate to one year from three years, following a probe into technical issues faced by the...
Nongfu shares slump to lowest since debut as profit growth slows
Nongfu shares slump to lowest since debut as profit growth slows
August 28, 2024
NONGFU Spring shares plunged to its lowest point since its listing in 2020 after posting the slowest half-year profit growth in four years as China’s top bottled water producer...
Market darling Abercrombie & Fitch to make a full comeback to Hong Kong
Market darling Abercrombie & Fitch to make a full comeback to Hong Kong
August 28, 2024
APPAREL retailer Abercrombie & Fitch, which has emerged as one of America’s hottest stocks over the past year, is planning a full-fledged return to Hong Kong eight years after...
Social media platform X back up after brief outage, Downdetector shows
Social media platform X back up after brief outage, Downdetector shows
August 28, 2024
SOCIAL media platform X was back up on Tuesday night after an outage that lasted less than an hour, according to outage tracking website Downdetector.com.Downdetector, which tracks outages by...
Asia: Markets slip as traders await US data, Nvidia release
Asia: Markets slip as traders await US data, Nvidia release
August 28, 2024
EQUITY investors stepped cautiously on Wednesday ahead of key US data and the release of earnings by tech titan Nvidia that could shine a light on demand for all...
Bank of America to lead US.83 billion leveraged loan for Carrier unit deal
Bank of America to lead US$1.83 billion leveraged loan for Carrier unit deal
August 28, 2024
BANK of America has committed to financing a US$1.83 billion leveraged loan for Lone Star Funds’ purchase of Carrier Global’s commercial and residential fire unit, according to sources familiar...
Pilot shortage threatens Japan’s goal for 60 million tourists
Pilot shortage threatens Japan’s goal for 60 million tourists
August 28, 2024
AS RECORD tourists flock to Japan for its world-renowned hospitality, exceptional sushi and ancient shrines, the country’s airlines are facing a severe shortage of pilots. And finding them will...
Pilot shortage threatens Japan’s goal for 60 million tourists
Pilot shortage threatens Japan’s goal of 60 million tourists
August 28, 2024
AS RECORD tourists flock to Japan for its world-renowned hospitality, exceptional sushi and ancient shrines, the country’s airlines are facing a severe shortage of pilots. And finding them will...