Real Estate
Bank of Japan to keep ultra-low rates, may signal bond taper
THE Bank of Japan is likely to keep interest rates ultra-low on Friday but consider whether to start reducing its huge balance sheet in a slow but steady retreat from its massive monetary...
US dollar gains after rates-driven yoyo; yen fragile ahead of BOJ
THE US dollar edged up on Thursday (Jun 13), recovering some of the losses sparked by softer than expected US inflation data on Wednesday, after the Federal Reserve forecast...
BYD leads Chinese car brands past Ford and Chevy in global sales
CHINA’S carmakers outsold their US counterparts for the first time last year, a testament to the shifting power dynamics in the global auto market.
Brands led by BYD sold 13.4...
Amazon adds US$230 million in cloud credits to AI startups
AMAZON said it is investing US$230 million in the form of Amazon Web Service (AWS) credits in artificial intelligence startups, the latest example of cloud providers trying to capture...
South Korea to extend stock short selling ban through next Mar 30
SOUTH Korea is extending a ban on stock short selling through the end of March next year as financial authorities seek to buy enough time to ready a system...
Alphabet hit with Austrian privacy complaint over alleged browser tracking
ALPHABET’S Google was hit with a complaint by Austrian advocacy group NOYB on Thursday for allegedly tracking users of its Chrome Web browser, an issue already on EU antitrust...
The first casino near Dubai sparks a new gold rush
BARELY a year after Las Vegas casino operator Wynn Resorts announced plans for a US$4 billion resort in the United Arab Emirates, the area is crawling with construction workers...
Japan’s Honda to start selling micro-sized electric vans in October
HONDA Motor will start selling a micro-sized electric van targeted at Japan’s delivery industry in October, the Japanese automaker said on Thursday (Jun 13), joining an increasingly crowded part...
