Real Estate
UOB awards Wong Kan Seng over S$400,000 in shares
UOB has awarded its chairman, Wong Kan Seng, over S$400,000 in shares, the bank said in a bourse filing on Wednesday (May 8). It was part of a total...
US dollar gains ground; subdued yen prompts Japan warning
THE US dollar edged up on Wednesday (May 8), recouping some of the losses stemming from renewed bets on Federal Reserve rate cuts this year, while the yen weakened...
Uber forecasts gross bookings for second quarter below expectations
UBER forecast second-quarter gross bookings below expectations after missing the target for the first three months on Wednesday (May 8), sending it shares down nearly 10 per cent before...
Boeing cargo plane lands in Istanbul without front landing gear, no casualties
A FedEx Airlines Boeing cargo plane landed at Istanbul Airport on Wednesday (May 8) without the front landing gear deployed and managed to stay on the runway, Turkey’s transport...
Apple’s China iPhone shipments soar 12% in March after discounts
CHINESE iPhone shipments jumped about 12 per cent in March after Apple and its retailers slashed prices, official data showed, suggesting efforts to arrest an accelerating decline in sales...
Shell to sell Singapore oil refinery, chemicals assets to Glencore joint venture
SHELL Singapore is selling all its interest in Energy and Chemicals Park to CAPGC, a joint venture between commodity trader Glencore’s unit Glencore Asian Holdings and Chandra Asri Capital....
Global car giants seek tech allies in China’s cutthroat EV market
STRUGGLING foreign automakers in China are looking for help from local tech giants to try to stay competitive in the world’s biggest electric vehicle (EV) market, where shiny smart...
Australia lending rules make banks go ‘too hard’ on due diligence: Westpac
AUSTRALIA’S “responsible lending” rules have led to longer mortgage approvals without fixing structural problems in the property market, the country’s third-biggest bank by assets said on Wednesday.A housing-affordability crisis,...
