Real Estate
Chinese banks hold lending rates following PBOC’s caution
CHINESE banks maintained their benchmark lending rate for a 10th straight month, as pressure on the yuan restricts policymakers’ space for easing.The one-year loan prime rate (LPR) was maintained...
Meituan’s worst-to-first stock rally has street looking for more
AFTER pulling an about-face to become one of the best-performing technology stocks in China this year, Meituan may be primed for further gains on easing competition and improving profitability.Analysts...
Australia regulator raises concerns over Olam’s A$145 million bid for Namoi Cotton
AUSTRALIA’S competition regulator said on Thursday (Jun 20) the proposed acquisition of Namoi Cotton by Singapore’s Olam Agri for A$145 million (S$131 million) raised competition concerns in the supply...
Crypto firm Consensys says US regulator has closed inquiry into Ethereum 2.0
THE US Securities and Exchange Commission (SEC) has closed its investigation into the blockchain protocol Ethereum 2.0, cryptocurrency firm Consensys said in a post on social media platform X...
Nvidia’s 591,078% rally to most valuable stock came in waves
THE year was 1999. Steve Jobs had recently returned to lead Apple. Intel was the dominant force in semiconductors. And a little-known chipmaker named Nvidia made its debut on...
More worries for China, sales at big e-commerce festival drop for first time
SALES fell for the first time ever at China’s blowout mid-year e-commerce sales festival as consumers remain cautious about spending as the economy sputters, according to third-party data estimates...
Australia cracks down on ESG investing industry with new rules
THE Australian government is planning to introduce environmental, social and governance (ESG) labelling requirements, as it seeks to fight greenwashing and steer more capital into credible sustainable activities.Authorities will...
Hot stocks: Glove makers rally after Top Glove reports turnaround in Q3
SHARES of glove makers rose during afternoon trading on Wednesday (Jun 19) after Top Glove reported a profit turnaround for the third quarter.
Riverstone’s counter jumped as much as...
