Real Estate

US: Nasdaq opens at record highs as markets cheer inflation data
US: Nasdaq opens at record highs as markets cheer inflation data
June 12, 2024
Wall Street jumped at the open, with the S&P 500 and the Nasdaq touching fresh record highs on Wednesday (Jun 12) after benign consumer prices data reassured investors inflation...
China’s Nio says commitment to Europe EV market ‘unwavering’ despite tariff increase
China’s Nio says commitment to Europe EV market ‘unwavering’ despite tariff increase
June 12, 2024
CHINESE electric vehicle maker Nio strongly opposes the European Union’s use of increased tariffs as a strategy to obstruct the normal global electric vehicle trade but its commitment to...
Uniper wins 13 billion euros arbitration ruling against Gazprom
Uniper wins 13 billion euros arbitration ruling against Gazprom
June 12, 2024
GERMAN utility Uniper has won a multi-billion euro arbitration against former long-time supplier Gazprom, it said on Wednesday (Jun 12), allowing it to tear up dormant gas supply contracts...
The tiny trades that brought down Segantii’s giant hedge fund
The tiny trades that brought down Segantii’s giant hedge fund
June 12, 2024
It took just US$1.1 million worth of well-timed trades to knock down one of Asia’s top hedge funds.A Hong Kong court on Wednesday (Jun 12) revealed how Simon Sadler’s...
Singapore shares end flat as markets hold their breath for Fed rate decision; STI down 0.1%
Singapore shares end flat as markets hold their breath for Fed rate decision; STI down 0.1%
June 12, 2024
SINGAPORE shares ended flattish on Wednesday (Jun 12) as markets took a wait-and-see approach ahead of a key US Federal Reserve meeting. The benchmark Straits Times Index (STI) fell...
Japan enacts law ensuring access to third-party apps
Japan enacts law ensuring access to third-party apps
June 12, 2024
Japan on Wednesday (Jun 12) enacted legislation to ensure tech giants like Google and Apple give access to third-party smartphone apps and payment systems on their platforms or risk...
Shipping container prices up by 26% in Singapore
Shipping container prices up by 26% in Singapore
June 12, 2024
THE average shipping container prices in Singapore has increased by 26 per cent from October 2023 to May 2024, reflecting a “substantial increase” in demand for capacity amid global...
Shipping container prices up by 26% in Singapore
Container prices surge 26%; lines shifting some transshipment from Singapore to regional ports amid congestion 
June 12, 2024
THE average shipping container prices in Singapore has increased by 26 per cent from October 2023 to May 2024, reflecting a “substantial increase” in demand for capacity amid global...
China solar panel manufacturers seek government action to halt freefall in prices
China solar panel manufacturers seek government action to halt freefall in prices
June 12, 2024
Chinese solar panel manufacturers said they are seeking immediate government intervention to curb investment and industry collaboration to arrest a plunge in prices of solar cells and modules, as...
HSBC to boost stake in China fund venture to become majority owner
HSBC to boost stake in China fund venture to become majority owner
June 12, 2024
HSBC Holdings agreed to buy part of its partner’s stake in a China fund venture, becoming a majority shareholder and adding to its expansion in the world’s second-largest economy....