Real Estate
Oil eases as strong dollar weighs on commodities markets
OIL prices inched down on Monday as concerns of higher-for-longer interest rates resurfaced and lifted the dollar, offsetting support for oil markets from geopolitical tensions and Opec+ supply cuts.Brent...
China’s ByteDance working with Broadcom to develop advanced AI chip: sources
CHINA’S ByteDance is working with US chip designer Broadcom on developing an advanced artificial intelligence (AI) processor, two sources familiar with the matter said, a move that would help...
Australian, New Zealand dollars surge against yen, inflation tests loom
THE Australian and New Zealand dollars scaled new 17-year tops on the low yielding yen on Monday thanks to persistent carry trade demand, although risk of a reversal looms...
Asia: Markets track weak US lead, eyes on yen
ASIAN markets extended last week’s poor run with more losses on Monday, following on from another tepid lead from Wall Street as profit-taking weighed on the tech sector.A forecast-topping...
Some Vietnam coffee farms thrive despite drought, but may not stop espresso price hikes
VIETNAMESE coffee growers have been hit hard this year by the worst drought in nearly a decade, raising concerns of pricier espressos across the world, even as some farmers...
CDK Global begins to restore systems after cyber hack hits thousands of retailers
RETAIL technology and software provider CDK Global has begun work to restore systems used by over 15,000 retail locations across North America, the company said on Sunday (Jun 23),...
Prudential launches US$2 billion share buyback scheme
PRUDENTIAL has launched a US$2 billion share buyback programme which is expected to be completed no later than mid-2026.On Sunday (Jun 23), the Asia-focused insurer also announced it will...
UPS announces sale of Coyote Logistics unit to RXO for US$1 billion
UNITED Parcel Service (UPS), the world’s biggest package delivery firm, will sell its Coyote Logistics business unit to RXO for US$1 billion, the companies said on Sunday (Jun 23).The...
