Real Estate
Greenback jumps; yen weakest since 1990 after strong US retail sales
THE greenback reached its highest since early November against a basket of currencies on Monday (Apr 15), and sent the yen to its lowest level since 1990, after US...
China’s CATL sees profit swing back to growth in Q1
CHINESE electric vehicle battery giant CATL reported a rise of 7 per cent in first-quarter profit on the year, a stock filing showed on Monday (Apr 15), reversing a...
Tesla to lay off more than 10% of staff globally as sales fall
TESLA will lay off more than 10 per cent of its global workforce, an internal memo seen by Reuters on Monday (Apr 15) shows, as it grapples with falling...
Samsung to get up to US$6.4 billion in US grants for chip plants
THE Biden administration plans to award Samsung Electronics as much as US$6.4 billion in grants to increase chip production in Texas, as part of US efforts to bolster domestic...
Hong Kong approves first bitcoin, ether spot ETFs
HONG Kong gave initial approval to its first spot bitcoin and ether exchange traded funds (ETFs) on Monday (Apr 15), money managers said, paving the way for the city...
Court rules against Three Arrows liquidators in ownership dispute over DeFiance Capital assets
THE Appellate Division of the High Court of Singapore has dismissed Three Arrows Capital (3AC) and its liquidators’ application for permission to appeal against the Jan 26 court order,...
Climate investors target Japan’s top banks, this time on board oversight: sources
A COALITION of climate groups filed shareholder proposals with Japan’s top three banks, including Mitsubishi UFJ Financial Group, calling for stricter board oversight of climate-related risks, sources familiar with...
Muji bets its minimalist retail will work for homes, hotels
MUJI is bringing its minimalist aesthetic to habitation.Known for simple, monotone stationery, apparel and home goods, the Japanese retailer is betting that there is just as much demand for...
