Real Estate
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...
Amazon delays launch of Project Kuiper broadband satellites
AMAZON.COM said it anticipates launching its first batch of internet-from-space satellites in the fourth quarter of this year after previously saying they would be sent aloft as soon as...
L’Oreal CEO sees slower beauty market growth as China struggles
L’OREAL expects slower growth for the overall beauty market this year, according to its CEO, as weakness in China weighs on sales after years of rapid gains.Nicolas Hieronimus told...
Nvidia retail craze unleashes big moves in the world of ETFs
FROM the growth of get-rich-quick schemes to becoming a make-or-break factor for outperformance, Nvidia’s latest market roller coaster is a cautionary tale of the importance of the artificial intelligence...
Nike forecasts dour annual revenue on weak demand for its sneakers
NIKE on Thursday (Jun 27) forecast a surprise drop in fiscal 2025 sales, after disappointing fourth-quarter sales laid bare the company’s weakening market share and its faltering direct-to-consumer strategy.Shares...
