Real Estate

Valuetronics posts 18.9% fall in H2 profit to HK.4 million
Valuetronics posts 18.9% fall in H2 profit to HK$77.4 million
May 29, 2024
Valuetronics : BN2 0% Holdings : BN2 0%, which provides electronics manufacturing services, on Wednesday (May 29) posted an 18.9 per cent increase in net profit for the second...
Shell plans job cuts in offshore wind business
Shell plans job cuts in offshore wind business
May 28, 2024
SHELL is preparing to cut staff from its offshore wind business as chief executive officer Wael Sawan moves the company away from the capital-intensive renewable energy sector.The British oil...
Europe: Shares decline as cautious Fed commentary weighs
Europe: Shares decline as cautious Fed commentary weighs
May 28, 2024
EUROPEAN shares fell in broad-based declines on Tuesday in the lead-up to crucial inflation prints around the world this week, while cautious commentary from Federal Reserve officials further dented sentiment.The...
Sea cargo rates surge to pandemic highs
Sea cargo rates surge to pandemic highs
May 28, 2024
EQUIPMENT shortage, port congestion and a surge in shipments have come together to create a perfect storm, sending ocean freight rates up to highs last seen during the pandemic...
Apple loses bid to appeal order allowing consumer antitrust class action
Apple loses bid to appeal order allowing consumer antitrust class action
May 28, 2024
APPLE has failed to persuade a US appeals court to consider blocking a class action that accuses the iPhone maker of monopolising the market for iPhone apps and keeping...
T-Mobile to buy US Cellular assets for some US.4 billion
T-Mobile to buy US Cellular assets for some US$2.4 billion
May 28, 2024
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
US: S&P 500, Nasdaq open higher as investors await inflation data
May 28, 2024
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
US dollar edges down ahead of data, set for first monthly drop in 2024
May 28, 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%
Singapore stocks close higher, buck mild downward trend in Asia; STI up 0.4%
May 28, 2024
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
ECB to make bank health checks shorter, more intrusive, Buch says
May 28, 2024
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,...