Real Estate
Ascott announces key appointments in global expansion move
THE Ascott has announced six key appointments in the functions of business development, strategy, and operations. On Thursday (Jun 27), the lodging business unit of CapitaLand Investment said the...
SoftBank to back AI startup Perplexity at US$3 billion valuation
SOFTBANK Group’s Vision Fund 2 is investing in US artificial intelligence (AI) startup Perplexity AI at a US$3 billion valuation, Masayoshi Son’s latest bet on a sector he deems...
China’s financial elite face 2.9 million yuan pay caps, bonus clawbacks
THE era of big paychecks for Chinese financiers is fast coming to an end as some of the industry’s biggest companies impose strict new limits to comply with President...
BlackBerry beats estimate for Q1 revenue on strong demand for cybersecurity services
CANADA’S BlackBerry beat first-quarter revenue estimates on Wednesday (Jun 26), driven by a resilient demand for cybersecurity services in the wake of growing online threats.US-listed shares of the company,...
Gold prices hover near two-week low on firm US dollar, yields
GOLD prices held steady on Thursday (Jun 27) after falling to a two-week low in the previous session as the US dollar and Treasury yields held firm ahead of...
Stocks to watch: Keppel Reit, LMIRT, ValueMax, Serial Achieva
THE following companies saw new developments that may affect trading of their securities on Thursday (Jun 27): Keppel Reit: It has established a green financing framework that will serve...
UK car output falls nearly 12% in May on EV transition, says industry body
BRITAIN’S car output fell by 11.9 per cent year-on-year in May, falling for a third straight month, as manufacturers wound down existing models and more plants transitioned to electric...
Levi falls after reporting revenue slightly below estimates
DENIM maker Levi Strauss & Co fell in late trading after the company reported sales in its latest quarter that slightly missed expectations, underscoring Wall Street’s high expectations for...
