Real Estate

More worries for China, sales at big e-commerce festival drop for first time
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
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
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...
Top Glove swings back into the black with RM50.7 million profit for Q3
Top Glove swings back into the black with RM50.7 million profit for Q3
MALAYSIAN glove maker Top Glove Corporation on Wednesday (Jun 19) reported a net profit of RM50.7 million (S$14.5 million) for the third quarter ended May 31, 2024, reversing from...
Ferrari’s first electric car to cost at least 500,000 euros: source
Ferrari’s first electric car to cost at least 500,000 euros: source
FERRARI’S first electric car will cost at least 500,000 euros (S$725,145), a source familiar with the matter said, as the luxury automaker prepares to open a plant that will...
Japan lays groundwork to sell shorter debt as Bank of Japan eyes rate hike
Japan lays groundwork to sell shorter debt as Bank of Japan eyes rate hike
JAPAN must create an environment where government bonds remain an attractive investment for financial institutions, such as by issuing shorter-duration debt, a finance ministry panel is likely to say...
Asia: Most markets advance after latest Wall Street record
Asia: Most markets advance after latest Wall Street record
EQUITIES rose across most of Asia on Wednesday following yet another record day in New York fuelled by data that boosted US interest rate cut hopes, though expectations were...
Bayer looks to AI to combat herbicide resistance faster
Bayer looks to AI to combat herbicide resistance faster
BAYER’S crop science division is increasingly turning to artificial intelligence (AI) in its battle against crop killing weeds, the company said.Weeds are growing resistant to the herbicides already on...
Japan’s regional banks are pressured to cut cross-shareholdings
Japan’s regional banks are pressured to cut cross-shareholdings
SOME of Japan’s regional banks are coming under pressure at their annual general meetings (AGMs) to show progress in cutting their cross-shareholdings. Institutional Shareholder Services, a US voting advisory...
Boeing CEO recognises ‘gravity’ of safety crisis but sees ‘progress’
Boeing CEO recognises ‘gravity’ of safety crisis but sees ‘progress’
BOEING’S CEO acknowledged to a US congressional panel on Tuesday that the company’s culture was imperfect, but insisted the aviation giant was making progress and committed to improving safety.“Our...