Real Estate
Oil up after US economic data strengthens rate cut expectations
CRUDE prices edged up on Thursday (May 16) after data showed a stabilising US job market, fuelling expectations that the Federal Reserve could begin to cut interest rates in...
Dow briefly sprints past 40,000-mark on earnings boost, rate-cut bets
The Dow Jones Industrial Average briefly breached the 40,000-point level for the first time on Thursday (May 16), the blue-chip index’s fastest 10,000-point climb, powered by strong quarterly results...
US: Wall Street opens nearly flat after CPI-driven rally
Wall Street’s main indexes were little changed at the open on Thursday (May 16), a day after hitting all-time highs as a tepid inflation report bolstered hopes of interest-rate...
Under Armour forecasts downbeat annual sales and profit, shares slump
UNDER Armour forecast a surprise drop in annual sales and projected profit below analysts’ estimates on Thursday (May 16), as the apparel maker laid out a plan to simplify...
Centurion JV leases 15 floors of Hong Kong building for student accommodation business
A JOINT venture of Centurion Corporation : OU8 0% has leased 15 floors of a building in Hong Kong from Golden Well Development, with the intention of using the...
BT jumps after new CEO aims to double free cash flow, focus on UK
The new boss of BT set out a path to more than double free cash flow over the next five years and potentially dispose of its global enterprise business...
Singapore Airlines might not yield another 24% rise in earnings for FY2025
SINGAPORE Airlines (SIA) : C6L 0% might not post the spectacular increase in its FY2024 earnings in the year ahead, as rising industry capacity would continue to exert downward...
Microsoft asks hundreds of China staff to relocate, WSJ reports
MICROSOFT is asking about 700 to 800 people in its China-based cloud computing and artificial intelligence (AI) operations to consider transferring outside the country, The Wall Street Journal (WSJ)...
