Real Estate
ANZ announces A$2 billion buyback despite lower cash earnings
ANZ Group announced a new A$2 billion (S$1.8 billion) share buyback on Tuesday despite reporting a 7 per cent slump in first-half cash earnings due to intense competition in...
Grayscale Bitcoin Trust sees first inflows since US ETFs were approved
THE world’s largest cryptocurrency investment vehicle saw a net inflow of investor money for the first time since US exchange-traded funds (ETFs) holding the digital asset were allowed in...
Oil steadies as ceasefire eludes Hamas, Israel
OIL futures ended largely unchanged on Monday as a ceasefire agreement between Hamas and Israel continued to elude negotiators.Both crude oil benchmarks settled 37 cents, or 0.5 per cent,...
Europe: Shares close at highest in a week; Indra surges
EUROPEAN shares closed at their highest levels in one week on Monday, with investor optimism over interest rate cuts from major central banks back to the fore, while Spanish defence...
Citi shifts working hours, enhances platform ahead of settlement cycle change
AS WALL Street braces for the new era of faster settlement times across securities, Citigroup’s global custody business is leaving nothing to chance after taking measures to avoid failed...
Tyson raises outlook as lower costs boost chicken segment
Tyson Foods raised its 2024 earnings outlook after posting second-quarter profits that beat analyst estimates amid a rebound in the US meat industry.Adjusted net income in the three months...
Possible class action lawsuit against Cordlife by customers could take at least 2 years
A REPRESENTATIVE action suit against beleaguered cord-blood bank Cordlife could take at least two years to conclude, should affected Cordlife customers decide to go through with such a lawsuit,...
Singapore battles to revive struggling stock market
Singapore is studying proposals to shake up its struggling stock market as the gap between the financial hub’s performance and other regional exchanges widens.Singapore Exchange (SGX) is reviewing a...