Real Estate
HSBC asked by US$890 billion investor group to set new energy goal
A GROUP of HSBC investors wants the bank to set a funding target for renewable energy amid concerns its current green pledges are too vague.It’s part of a list...
CapitaLand India Trust to acquire 2.5 million sq ft of IT buildings in Hyderabad
CAPITALAND India Trust : CY6U 0% (Clint) has inked a forward purchase agreement to acquire IT buildings with a total leasable area of 2.5 million square feet (sq ft)...
Apple profit ebbs as iPhone sales under pressure
APPLR on Thursday said its quarterly profit ebbed but topped market forecasts as it announced an unprecedented US$110 billion share buyback.The iPhone maker reported a profit of US$23.6 billion...
US: Tech shares lead stocks higher
LARGE technology companies enjoyed a positive session on Thursday, lifting the Nasdaq amid continued bullishness over artificial intelligence as investors awaited Apple earnings.Shares of Amazon, Google parent Alphabet and...
Goldman Sachs scraps EU-era bonus cap for top bankers in UK: source
GOLDMAN Sachs has removed the cap on bonuses for its top bankers in the UK, according to a source familiar with the matter, months after the country axed the...
Insurer Chubb readies US$350 million payout tied to Baltimore bridge collapse
Chubb, which had insured Baltimore’s Francis Scott Key Bridge, is getting ready to pay US$350 million to the state of Maryland, in what could be the first major payout...
Hong Kong regulator brings insider trading charges against Segantii and its founder
HONG Kong’s securities regulator started an insider dealing prosecution against hedge fund Segantii Capital Management, its founder and a former trader, the watchdog said on Thursday (May 2).
The Hong...
Hugo Boss profit tops expectations, but China lags
Hugo Boss beat first-quarter operating profit expectations on Thursday (May 2), as it managed to rein in costs while still investing in its brand and products to boost sales.However,...
