Real Estate
London watchdog’s name-and-shame plan is mad, bad and dangerous to the City
THE UK’s Financial Conduct Authority (FCA), the principal financial services watchdog, has got itself in a spot of bother over proposals to “name and shame” financial services firms at the...
Abu Dhabi wealth fund ADQ attracts strong demand for 2-part bond issue
ABU Dhabi sovereign wealth fund ADQ attracted strong appetite for its inaugural dollar-denominated bond sale, to be sold in two tranches, allowing it to tighten price guidance ahead of...
US: Wall St opens lower on labour costs data
Wall Street’s main indexes opened lower on Tuesday (Apr 30) after stronger-than-expected labour costs signalled persistent inflationary pressures, while caution prevailed ahead of the Federal Reserve’s interest rate decision.The...
Hong Kong vies with US in Bitcoin ETF market
A batch of exchange-traded funds investing directly in crypto debuted in Hong Kong on Tuesday (Apr 30), heralding potential competition for US Bitcoin products, whose popularity stoked a record...
McDonald’s sales miss estimates as customers cut back spending
McDonald’s fell short of Wall Street estimates for first-quarter sales on Tuesday (Apr 30) as budget-conscious consumers cut back on restaurant meals and the Middle East conflict weighed on...
CSE Global records S$186.2 million in Q1 new orders, up 16.7%
SYSTEMS integrator CSE Global secured S$186.2 million worth of new orders in Q1 ended Mar 31, 16.7 per cent higher than the previous year.The growth was “driven by stronger...
Singapore stocks rise, tracking regional bourses; STI up 0.3%
SINGAPORE stocks closed higher on Tuesday (Apr 30), tracking a broader gain across regional markets.The Straits Times Index (STI) climbed 0.3 per cent or 10.64 points to close at...
Lufthansa, Air France-KLM to cut costs after tough first quarter
Two of Europe’s top airline groups, Lufthansa and Air France-KLM, announced plans to cut costs after reporting wider first-quarter losses on Tuesday (Apr 30) as they faced high customer...
