Real Estate
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...
US dollar hits 5-month high while jawboning supports yen
THE US dollar hit its highest in almost five months on Tuesday (Apr 2) as stronger-than-expected economic data caused investors to rein in their bets on a June rate...
Renault’s Ampere starts development of new electric Twingo
RENAULT will start engineering work on a more affordable version of its electric Twingo model this month, two sources told Reuters, with production targeted in two years as it...
US home insurance premiums may hit a record this year
US HOME insurance rates are expected to reach a record high this year, with the biggest increases occurring in states prone to severe weather events, according to a new...
China’s ICBC to provide 300-billion yuan in tourism financing
THE Industrial & Commercial Bank of China (ICBC) will offer 300-billion yuan (S$56.1 billion) in financing to boost the nation’s tourism sector amid sluggish consumer spending in the world’s...
Germany’s BMW, India’s Tata Tech to jointly develop auto software
BMW Group and Tata Technologies will form a joint venture to develop automotive software for the German luxury carmaker, the Indian engineering services company said on Tuesday (Apr 2).India...
