Real Estate
Oil drops as Opec+ boosts supply even though demand is shaky
OIL prices fell more than US$1 a barrel on Tuesday (Jun 4) on scepticism about an Opec+ decision to boost supply later this year into a global market where...
HSBC bolsters Saudi Arabia investment banking team to tap deals boom
HSBC Holdings named new heads for two of its investment banking businesses in Saudi Arabia to bolster its position in a hot spot for deal activity.
Mehdi Benabdallah has been...
Global Invacom, Green Build Technology added to SGX watch list
SATELLITE communications equipment provider Global Invacom : QS9 0% and green energy solutions provider Green Build Technology : Y06 0% will be placed on the Singapore Exchange Regulation’s watch...
US dollar regains footing after sharp drop but yen keeps rallying
THE US dollar bounced on Tuesday (Jun 4) after falling to its lowest against the euro, sterling and Swiss franc since mid-March overnight as signs of a softening US...
Volvo to issue world’s first EV battery passport ahead of EU rules
VOLVO Cars is launching the world’s first EV battery passport recording the origins of raw materials, components, recycled content and carbon footprint for its flagship EX90 SUV, which is...
HSBC opening 3 wealth centres in Singapore as part of pivot to wealth banking
HSBC plans to open three wealth centres in Singapore by the first quarter of 2025, as part of its strategy to build its international and wealth propositions.
The bank...
Rio Tinto to develop US$143 million facility to test low-carbon iron-making process
Rio Tinto will spend US$143 million to develop a research and development facility in Western Australia to assess the effectiveness of its low-carbon iron-making process, the mining giant said...
Germany to sell 2.5 billion euros in Deutsche Telekom shares
Germany sold a 2.5 billion euros (S$3.66 billion) stake in Deutsche Telekom, the latest in a series of moves by the cash-strapped government to divest from some of its...
