Real Estate

French shipper CMA CGM acquires 10% of Volvo-Renault electric van business
French shipper CMA CGM acquires 10% of Volvo-Renault electric van business
FRANCE’S CMA CGM has acquired a 10 per cent stake in the Flexis electric van venture set up by Renault and Volvo Group, the companies said on Wednesday (Apr...
Temasek appoints 2 new directors to its board
Temasek appoints 2 new directors to its board
SINGAPORE’S Temasek Holdings has appointed two new directors to its board – Tan Chong Meng, who assumed the role on Apr 1, 2024, and Geoffrey Wong, whose appointment takes...
Taiwan quake to hit some chip output, cause Asia supply chain disruptions
Taiwan quake to hit some chip output, cause Asia supply chain disruptions
TAIWAN’S biggest earthquake since 1999 is likely to cause some disruption across Asia’s semiconductor supply chain, analysts say, after chipmakers from TSMC to UMC halted some operations to inspect...
OCBC exploring redevelopment of Chulia Street property
OCBC exploring redevelopment of Chulia Street property
OCBC is exploring the redevelopment of its iconic Chulia Street property, the bank said in a statement on Wednesday (Apr 3), confirming an earlier Business Times report.“We are exploring...
OCBC exploring redevelopment of Chulia Street property
OCBC confirms it is exploring redevelopment of Chulia Street property
OCBC has confirmed that it is exploring the redevelopment of its Chulia Street property.“We are exploring the redevelopment of 63, 65 Chulia Street and 18 Church Street to rejuvenate a strategic area in...
Gold extends record rally on safe-haven appeal, weaker US dollar
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
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
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 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 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...