Real Estate
Billionaire Carlos Slim ramps up oil bets amid buying spree
Carlos Slim, Latin America’s wealthiest man, is boosting oil and gas bets through stakes he holds in US energy firms and increasing his exposure in Mexico, where he partners...
Apple’s China iPhone shipments jump 40% after steep discounts
APPLE’S iPhone shipments in China rose 40 per cent in May, off the previous month’s pace of growth despite heavy discounting by major retailers in the weeks leading up...
Large-cap stocks lead decline in Singapore market; STI down 0.3%
SINGAPORE shares ended lower on Friday (Jun 28), led by declines in large-cap counters on the benchmark index.The Straits Times Index (STI) fell 0.3 per cent or 10.55 points...
Asia to emerge as hotspot for equity deals as India activity surges
A POSSIBLE revival in initial public offerings (IPOs) in Hong Kong after a pickup in Chinese regulatory approvals and a string of mega deals in India are expected to...
Ringgit rebound set to ride on recovering exports, Fed rate cuts
Bank Negara says the Malaysian currency has ‘significant potential to appreciate and be among the top beneficiaries of US rate cuts’The Malaysian ringgit is set to extend gains into...
Meta says it may block news from Facebook in Australia
FACEBOOK owner Meta is considering blocking news content from the platform in Australia if the government makes it pay licensing fees, a company representative told a parliamentary hearing on...
Japan names new currency czar as yen continues its slide, Nikkei reports
JAPAN is getting a new currency czar just as the yen trades near its weakest levels in almost four decades, the nation’s finance minister said.The Finance Ministry appointed Atsushi...
Citadel buys Goldman alum’s company to trade power in Japan
KEN Griffin’s Citadel is buying Energy Grid, a company that trades and sells power products, as the hedge fund firm expands its commodities business in Japan. The acquisition of...
