Real Estate
Ferrari set to extend record-breaking gains, Morgan Stanley says
FERRARI’s outperformance of rival carmakers and luxury-goods brands this year is a reward for its “fierce brand loyalty” and low exposure to China, according to Morgan Stanley analysts, who...
Oil prices fall 2% on economic worries, technical decline
OIL prices fell about 2 per cent on Tuesday on worries that slower economic growth in the US and China could reduce demand for energy, especially after prices surged...
China’s July net gold imports via HK rise for first time since March
CHINA’S net gold imports via Hong Kong in July rose by about 17 per cent from the previous month, the first increase since March, data showed on Tuesday (Aug...
Singapore shares add to gains on Tuesday; STI ticks up 0.1%
Gainers beat losers 264 to 249 across broader market, as 1 billion shares worth S$1 billion change handsSINGAPORE shares rose on Tuesday (Aug 27), as investors took stock of...
Toyota and BMW to upgrade fuel cell alliance, Nikkei Asia says
TOYOTA Motor and BMW are set to upgrade their partnership in fuel cell vehicles, Nikkei Asia reported on Tuesday (Aug 27).
The two automakers will sign a memorandum of understanding...
Asia: Markets retreat after rally, oil dips but Middle East worries linger
ASIAN markets slipped on Tuesday following a tepid day on Wall Street as traders took a breather from a recent rally fuelled by bets on a US interest rate...
Malaysia plan to license social media platforms sparks pushback
A TECHNOLOGY industry group that includes Meta Platforms, Amazon.com and Alphabet’s Google urged Malaysia to pause its plan to regulate media and messaging platforms, saying the move lacked transparency...
Keppel Infrastructure Trust proposes private placement to raise at least S$200 million
THE trustee-manager of Keppel Infrastructure Trust (KIT) has proposed a private placement to raise gross proceeds of no less than S$200 million at an estimated issue price range of...
How Telegram’s founder went from Russia’s Mark Zuckerberg to wanted man
MORE than a decade ago, when Russia pushed Pavel Durov to shut down the pages of opposition politicians on a Facebook-like site he had created, the tech entrepreneur responded...
Australia’s Coles beats annual profit view on strong supermarket sales
COLES, Australia’s second-largest grocer, posted its annual profit above analysts’ estimates on Tuesday, fuelled by strong sales at its supermarkets and improved inventory management that effectively mitigated theft-induced stock...