Real Estate
Banks’ drive to ‘tokenise’ assets moves slower than expected
BANKS which for years have talked about creating ‘tokenised’ versions of assets such as bonds and currencies say a shift to blockchain-based trading is taking longer than expected, with...
US: Stocks up as Nvidia tops US$3 trillion market capitalisation
WALL Street stocks closed solidly higher on Wednesday (Jun 5), with the S&P 500 and Nasdaq both hitting fresh highs while chip designer Nvidia topped US$3 trillion in market...
Boeing’s Starliner capsule is launched from Florida on first crewed space flight
BOEING’S new Starliner astronaut capsule was launched from Florida on Wednesday (Jun 5) in a much-delayed first test flight carrying a crew, a milestone in the aerospace giant’s ambitions...
QatarEnergy signs LNG supply deal with Taiwan’s CPC
QATARENERGY signed a deal on Wednesday (Jun 5) to supply Taiwan’s state-owned oil firm Chinese Petroleum Corp (CPC) with liquefied natural gas (LNG) for 27 years and giving it...
McDonald’s chicken ‘Big Mac’ trademark axed in EU
MCDONALD’S lost the European Union trademark rights to chicken versions of its iconic “Big Mac” burgers after judges ruled that the fast food giant failed to do enough to...
OCBC eyes rising investment flows as Greater China companies expand into Asean
MORE companies in Greater China (China, Hong Kong, Macau and Taiwan) are looking to set up shop in Asean – and OCBC is looking to capture these flows, said...
NXP, Vanguard to invest US$7.8 billion in Singapore wafer plant
NXP Semiconductors and TSMC-backed Vanguard announced a US$7.8 billion joint venture to produce silicon wafers on Wednesday (Jun 5), joining other chipmakers setting up plants in Singapore to diversify...
Zara owner Inditex boosted by pick-up in Spring sales
ZARA owner Inditex reported a pick-up in recent sales from its Spring/Summer collections, boosting its shares on Wednesday (Jun 5) as the world’s top fashion retailer delivered quarterly results...
