Real Estate
Buffett’s Berkshire Hathaway hits US$1 trillion market value
WARREN Buffett’s Berkshire Hathaway holding company briefly crossed US$1 trillion in market value Wednesday, making it the first non-tech firm on Wall Street to pass the milestone.Buffett, who turns...
Telegram boss Durov charged, banned from leaving France
FRANCE on Wednesday charged Pavel Durov, the founder and chief of Telegram, with a litany of violations related to the messaging app and banned him from leaving the country...
AI chip giant Nvidia beats expectations, but shares take hit
ARTIFICIAL intelligence behemoth Nvidia on Wednesday said quarterly sales reached a higher than expected US$30 billion in the last quarter, though that growth was slower than the furious pace...
US: Stocks fall as Nvidia slips before results
US STOCKS closed lower on Wednesday, as traders looked ahead to earnings results from US chipmaking giant Nvidia after the closing bell.The Dow Jones Industrial Average finished the day down...
US dollar rebounds, traders seek clarity on US rate path
THE US dollar rebounded on Wednesday (Aug 28) after a recent run of declines that pushed it to its weakest in more than a year, as traders awaited economic...
Canada’s biggest bank RBC beats profit on smaller bad loan provisions
ROYAL Bank of Canada (RBC) on Wednesday (Aug 28) surpassed analysts’ estimates for quarterly profit as it set aside a smaller than expected sum to protect itself against losses...
Great Eastern to get new CEO from Nov 1
THERE will be a new chief executive officer helming insurer Great Eastern from November this year. Greg Hingston will be taking over as the group’s CEO from Khor Hock Seng,...
Evonik expands animal-feed protein production with new plant
GERMAN chemicals giant Evonik on Wednesday (Aug 28) opened a new methionine plant at its Jurong Island facility, adding 40,000 tonnes to its total production capacity.This brings the facility’s...
