Real Estate
Temu owner’s founder loses spot as China’s richest person after 18 days
COLIN Huang’s reign as China’s richest person only lasted about two weeks.A slump on Monday (Aug 26) in shares of PDD Holdings, the parent company of e-commerce giant Temu,...
Macron denies Telegram founder’s arrest ‘political’
FRENCH President Emmanuel Macron on Monday denied any political link to the arrest of Telegram founder Pavel Durov as the tech tycoon spent a second day in custody following his surprise...
‘Hard to imagine’ no September rate cut, says Fed official
IT IS “hard to imagine” the Federal Reserve not cutting interest rates next month, a senior bank official said on Monday (Aug 26), in the latest signal that many...
Oil climbs 3% as Libya output cuts further supply concerns
OIL prices settled 3 per cent higher on Monday as production cuts in Libya added to supply concerns stemming from reports of escalating conflict in the Middle East.Brent crude futures...
Europe: Chip stocks slip, keeping shares muted ahead of data-heavy week
EUROPEAN shares were broadly flat in quiet trading on Monday, with semiconductor stocks leading the technology sector lower as investors looked ahead to several key economic data releases this...
Value creation in banking ecosystems goes beyond transactional partnerships: DBS’ P’ing Lim
She says she found her purpose in being able to avail financial services to everyoneCREATING value for every player is crucial in building a successful ecosystem, said P’ing Lim,...
Reits climb post-Jackson Hole speech; STI gains 0.2%
SINGAPORE stocks ended higher on Monday (Aug 26), after Federal Reserve chair Jerome Powell’s Jackson Hole comments indicated that the US central bank is ready to cut rates in...
India markets regulator issues notice to Paytm founder, Moneycontrol reports
INDIA’S markets regulator has issued show-cause notices to Paytm founder Vijay Shekhar Sharma and other board members who held roles during the firm’s November 2021 IPO over alleged misrepresentation...
