Real Estate

Top Glove Q2 loss shrinks to RM51.2 million on cost optimisation initiatives
Top Glove Q2 loss shrinks to RM51.2 million on cost optimisation initiatives
GLOVE manufacturer Top Glove Corporation on Wednesday (Mar 20) narrowed its losses by 68.9 per cent for the second quarter ended Feb 29, 2024, with a net loss of...
China launches satellite critical for mission to moon’s far side
China launches satellite critical for mission to moon’s far side
CHINA launched a lunar satellite designed to play a critical role in its competition with the United States to be the leader in exploration of the moon. The Queqiao-2...
Yen falls to lowest since 2008 against euro as BOJ path seen gradual
Yen falls to lowest since 2008 against euro as BOJ path seen gradual
THE yen fell to the weakest level since 2008 against the euro on speculation the Bank of Japan (BOJ) will keep its monetary policy accommodative even after it ended...
FLCT prices S5 million in 3.83% notes due 2029
FLCT prices S$175 million in 3.83% notes due 2029
FRASERS Logistics & Commercial Trust (FLCT) is offering S$175 million in fixed rate notes due 2029 at 3.83 per cent, its manager said on Wednesday (Mar 20). The notes...
Boeing mulls shedding Airbus work in potential Spirit Aero deal
Boeing mulls shedding Airbus work in potential Spirit Aero deal
BOEING is looking at how Spirit AeroSystems could shed or sharply reduce its ties to Airbus, as the supply-chain giant’s work for the European planemaker poses complications in rival...
Boeing needs more focus on safety and quality, FAA chief says
Boeing needs more focus on safety and quality, FAA chief says
BOEING needs to shift its focus from the business of making planes towards safety in the wake of recent findings on lapses surrounding the January failure of a fuselage...
JetBlue cuts unprofitable routes in overhaul of flight network
JetBlue cuts unprofitable routes in overhaul of flight network
JETBLUE Airways will eliminate unprofitable routes in California and Florida and drop service to several cities in South America, a sweeping overhaul of its network as the carrier looks...
Gucci sales to plunge 20% in first quarter on Asia slowdown, Kering says
Gucci sales to plunge 20% in first quarter on Asia slowdown, Kering says
KERING warned that sales at Gucci will plunge about 20 per cent in the first quarter due to a steeper-than-expected decline in the Asia-Pacific region, widening the gap between...
New regulations won’t halt decline in taxi population, say industry watchers
New regulations won’t halt decline in taxi population, say industry watchers
RECENTLY announced changes to requirements for taxis will reduce costs for operators, but will not reverse the trend of a dwindling taxi population, said industry watchers.Ride-hailing platforms will continue...
George Lucas backs Disney CEO Iger in proxy battle with Nelson Peltz
George Lucas backs Disney CEO Iger in proxy battle with Nelson Peltz
FILMMAKER George Lucas has backed Walt Disney CEO Bob Iger in the media company’s bitter proxy battle with activist investor Nelson Peltz and hedge fund Blackwells Capital. Lucas, who...