Real Estate
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,...
AI boom set to fuel data centre deals in Asia this year
GLOBAL private equity investors and asset managers are readying for billions of dollars worth of M&A and investments linked to data centres in Asia Pacific, as the artificial intelligence...
Australia banks shower investors with A$5 billion in buybacks
AUSTRALIA’S biggest banks plan to return more than A$5 billion (S$4.5 billion) to shareholders just as fierce rivalry in the mortgage market shows few signs of easing.A “savage” war...
Qantas boss says demand for premium class seats at record levels
QANTAS Airways chief executive officer Vanessa Hudson said premium-class bookings are at record levels as air travel brushes off a global cost-of-living crisis.Demand for seats in the airline’s first,...
