Real Estate

Traders betting on China easing boost bearish options on banks
Traders betting on China easing boost bearish options on banks
July 17, 2024
INVESTORS are increasingly sceptical about this year’s market-beating rally in Chinese bank stocks on concerns that potential easing measures to further support the nation’s flagging economy will hurt the...
Stock to watch: Singtel
Stock to watch: Singtel
July 17, 2024
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jul 17):Singtel: The telco’s associate Intouch Holdings entered into a merger deal with Thailand’s...
Amazon Prime Day sales up 12% in first seven hours of event
Amazon Prime Day sales up 12% in first seven hours of event
July 16, 2024
AMAZON.COM’s Prime Day sales rose almost 12 per cent in the first seven hours of the event compared with the same period last year, according to Momentum Commerce, which...
Elon Musk moving X, SpaceX headquarters to Texas over frustration with California laws
Elon Musk moving X, SpaceX headquarters to Texas over frustration with California laws
July 16, 2024
ELON Musk said on Tuesday (Jul 16) that he is moving the headquarters of two of his companies – social media platform X and rocket company SpaceX – to...
New laws ‘level playing field’ for corporate service providers, but could lead to industry consolidation
New laws ‘level playing field’ for corporate service providers, but could lead to industry consolidation
July 16, 2024
Bar will be raised as a robust system of screening checks and compliance will be required; smaller players may be priced out, say industry observers NEW rules for corporate...
Singtel associate Intouch to merge with Thailand’s Gulf Energy to form new public entity
Singtel associate Intouch to merge with Thailand’s Gulf Energy to form new public entity
July 16, 2024
Singtel associate Intouch Holdings has entered into a merger deal with Thailand’s Gulf Energy Development, which will result in the formation of a new public entity.Gulf Energy is a...
Global cruise industry sees growing demand, wary of port protests
Global cruise industry sees growing demand, wary of port protests
July 16, 2024
THE global cruise industry expects to carry 10 per cent more passengers by 2028 than the 31.7 million who took cruise holidays in 2023, when the sector surpassed pre-pandemic...
Digital platform Qifa bets on increase in Russia-China trade and payments
Digital platform Qifa bets on increase in Russia-China trade and payments
July 16, 2024
DIGITAL platform Qifa has expanded into facilitating two-way trade between Russia and China as it seeks to solve payment issues currently stunting the flow of goods and services. Moscow and...
US: Wall Street rises at the open as retail sales fail to dampen rate-cut hopes
US: Wall Street rises at the open as retail sales fail to dampen rate-cut hopes
July 16, 2024
WALL Street’s main indexes opened higher on Tuesday (Jul 16) as bets continued for a September interest-rate cut by the Federal Reserve, even as strong retail sales data signalled...
Virgin Atlantic pulls out of China, axes Heathrow-Shanghai route
Virgin Atlantic pulls out of China, axes Heathrow-Shanghai route
July 16, 2024
VIRGIN Atlantic Airways is suspending flights between London Heathrow and Shanghai from October, abandoning the only route it operates to China because of the high cost associated with avoiding...