Real Estate
Cocoa hits record even with hedge funds least bullish since 2022
MONEY managers have slashed their bullish bets on cocoa to the lowest in 17 months, a sign that commercial traders have played a key role in the rally that...
Google agrees to delete web browsing data as it settles ‘incognito’ lawsuit
GOOGLE said it would delete millions of records of user’s browsing activities as part of a settlement of a class-action lawsuit that alleged it tracked people without their knowledge....
Oil up 1%, US WTI at 5-month closing high, market seen tight
CRUDE prices edged up about 1 per cent on Monday with US futures closing at a five-month high, on expectations that economic growth in the US and China will...
Macquarie unit is leading US$50 billion investment in offshore wind
MACQUARIE Asset Management is making a US$50 billion bet on offshore wind after sidestepping a perfect storm of low power prices and cost inflation that forced many competitors to...
Commodities: the asset class to watch amid looming rate cuts, macroeconomic uncertainty
COMMODITIES have typically been used by investors to help diversify their portfolios and as a buffer against macroeconomic shocks, but market watchers polled by The Business Times say investors...
Trump’s media company raises going-concern doubts; shares tumble
SHARES of Trump Media & Technology Group fell nearly 18 per cent on Monday (Apr 1) as the parent of Truth Social platform raised going-concern doubts due to struggles...
US dollar steady as inflation data boosts June rate cut bets; yen in focus
THE greenback was broadly steady on Monday (Apr 1) as data showing easing US prices bolstered bets that the Federal Reserve could cut interest rates in June, while the...
UPS replaces FedEx to become US Postal Service’s primary air cargo provider
UNITED Parcel Service will become the United States Postal Service’s (USPS) primary air cargo provider, the company said on Monday (Apr 1), as rival FedEx walked away after pressing...
