Real Estate
JPMorgan considers suing consumer watchdog over Zelle
JPMORGAN Chase said on Friday (Aug 2) it is considering whether to sue a United States consumer watchdog over the agency’s inquiries into the Zelle payment app.The bank said...
Alphabet’s fund CapitalG cut stake in CrowdStrike before July global outage
GOOGLE-PARENT Alphabet’s independent growth fund CapitalG cut its stake in cybersecurity company CrowdStrike, according to a regulatory filing on Friday (Aug 2), much before a global outage last month...
Influencers’ go-to digital retailer finds actual stores are key
REVOLVE Group, a popular fashion hub among young influencer-obsessed shoppers during the pandemic, is seeing its shares tumble as sales dry up. So, in an attempt to juice the...
Fed officials likely to push back against half-point rate cut
A WEAK July jobs report has fuelled fears the Federal Reserve has already waited too long to lower interest rates, but policymakers are unlikely to respond with a jumbo-sized...
Meta is offering Hollywood stars millions for AI voice projects
META Platforms is offering Hollywood celebrities millions of US dollars for the right to record and use their voices for artificial intelligence (AI) projects, according to several sources familiar...
Hedge fund investor appetite hit by high fees and private credit, says Goldman Sachs
GLOBAL investor appetite for the most expensive multi-strategy hedge funds has fallen, Goldman Sachs said in a report to clients seen by Reuters on Friday (Aug 2), though more...
Chevron reports Q2 earnings miss on weak refining margins
CHEVRON reported second-quarter earnings on Friday (Aug 2) that missed Wall Street estimates due to industry-wide pressure from lower refining margins and natural gas prices, sending its shares down...
Ringgit on best run in 14 years as Malaysia’s outlook brightens
THE ringgit is set for its longest winning streak in 14 years on optimism surrounding Malaysia’s economy and foreign fund inflows.
The local currency rose 1.6 per cent against the...
