Real Estate
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...
Australian budget airline Bonza collapses, passengers stranded
AUSTRALIAN budget airline Bonza entered voluntary administration on Tuesday (Apr 30), regulatory filings showed, as the company suspended all flights, stranding passengers amid reports its fleet had been repossessed...