Real Estate
T-Mobile to buy US Cellular assets for some US$2.4 billion
T-Mobile US, the second-largest mobile carrier in the US, has agreed to buy US Cellular’s wireless operations and some of its spectrum assets for roughly US$2.4 billion.The deal includes...
US: S&P 500, Nasdaq open higher as investors await inflation data
The S&P 500 and the Nasdaq opened higher on Tuesday (May 28) after a holiday-extended weekend, with investors awaiting key inflation data later in the week that could influence...
US dollar edges down ahead of data, set for first monthly drop in 2024
THE US dollar edged down on Tuesday (May 28) ahead of key US and eurozone inflation data later this week that could affect expectations for major central banks’ monetary...
Singapore stocks close higher, buck mild downward trend in Asia; STI up 0.4%
THE Straits Times Index (STI) ended Tuesday (May 28) at 3,330.09, up 11.64 points or 0.4 per cent, narrowly bucking a mild downward trend in Asian stocks. Across the...
ECB to make bank health checks shorter, more intrusive, Buch says
The European Central Bank will revamp its annual bank evaluation process to make it shorter but at times more intrusive to reflect changes in the operating environment of lenders,...
South Korea finds high levels of toxic chemicals in Shein products
CHILDREN’S products sold by the Chinese-founded online shopping giant Shein contained toxic substances in amounts hundreds of times above acceptable levels, the government of South Korea’s capital Seoul said...
Australian, New Zealand dollars rally anew, lifted by yen flows
THE Australian dollar was having another tilt at the upside on Tuesday as risk sentiment improved globally, while its New Zealand cousin reached a 10-week high helped by strong...
UBS says mostly done ‘optimising’ roles in Asia-Pacific region
UBS Group’s Asia-Pacific president signalled that most of the bank’s job cuts in the region are over as it nears the official completion of its historic merger with Credit...
