Real Estate
Gold extends record rally on safe-haven appeal, weaker US dollar
GOLD prices extended their record rally on Wednesday (Apr 3), buoyed by a weaker US dollar and safe-haven demand from escalating tensions in the Middle East, while investors looked...
Fed officials say three rate cuts a reasonable baseline for 2024
TWO Federal Reserve officials who vote on monetary policy decisions this year said they still expect the US central bank to cut rates three times in 2024, though they...
Stocks to watch: Seatrium, OCBC, Dyna-Mac
THE following companies saw new developments that may affect trading of their securities on Wednesday (Apr 3):
BYD hands back top EV seller title to Tesla after Q1 sales decline
BYD, China’s biggest electric vehicle (EV) maker, reported first-quarter 2024 sales fell 43 per cent compared to the fourth quarter of 2023, handing back the title of world’s biggest...
Amazon pulls plug on cashierless system in US grocery stores
AMAZON.COM is removing its cashierless Just Walk Out technology from grocery stores, a retreat from an ambitious system designed to let shoppers skip the line.
Amazon will remove the system...
Toyota reports 20% jump in first-quarter US auto sales
TOYOTA Motor North America (TMNA) reported an about 20 per cent rise in first-quarter US auto sales on Tuesday (Apr 2), helped by demand for its affordable sedans, crossovers...
US: Wall St falls at open as health insurers, Tesla weigh
WALL Street’s main indexes opened lower on Tuesday (Apr 2), hurt by sharp losses in health insurers and Tesla, while investors awaited comments from Federal Reserve officials and more...
Blackstone eyes US$300 million IPO of India diamond certification firm
BLACKSTONE is exploring raising US$300 million via an India IPO of the International Gemological Institute (IGI), less than a year after it acquired the company, amid booming stock markets...
