Real Estate
UK government snubs GSK in favour of rival RSV shot from Pfizer
The decision is a blow to GSK, which is locked in fierce competition with Pfizer to corner the new market to protect against respiratory syncytial virus GSK has lost...
US dollar slips; yen briefly jumps as intervention worries linger
THE US dollar was slightly weaker on Monday (Jun 24) but remained close to an almost eight-week high, while the yen briefly jumped as it languished near the 160...
Apple charged with breaching EU tech rules, faces another probe
European Union antitrust regulators charged on Monday (Jun 24) that Apple breached the bloc’s tech rules, a charge that could result in a hefty fine for the iPhone maker,...
German Allianz to invest in China’s mega pension company with 2% stake
ALLIANZ Global Investors (AGI), one of the investment arms of German insurer Allianz, has become the first foreign company to own a stake in China’s pension insurance giant Guomin...
Yen under pressure even as Japan steps up verbal warnings
The yen remained under pressure and close to key levels against the dollar on Monday (Jun 24), even after Japan’s top currency official warned that authorities stand ready to...
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...
