Real Estate
Greenback rallies on US retail, producer price data
THE greenback rallied on Thursday (Mar 14) after both US retail sales for February and producer price data were released. It was the producer price release which had the...
SIA prices US$500 million notes due 2034 at 5.296% yield
SINGAPORE Airlines (SIA) has priced US$500 million of 10-year, 5.25 per cent bonds at a reoffer price of 99.646 to yield 5.296 per cent. The fixed-rate notes will bear...
US: Wall St ticks up as traders stick to rate-cut bets after data deluge
WALL Street’s main indexes opened slightly higher on Thursday (Mar 14), as investors stuck to bets of the Federal Reserve easing interest rates in the coming months after data...
Cisco gains EU antitrust nod for US$28 billion Splunk acquisition
CISCO Systems won unconditional EU antitrust approval for its US$28 billion bid for cybersecurity firm Splunk on Wednesday (Mar 14) after EU regulators said they did not see any...
China’s Nio and CATL team up to develop longer life batteries
CHINESE electric vehicle maker Nio on Thursday (Mar 14) signed a partnership agreement with battery giant CATL to develop longer life batteries as part of efforts to lower overall...
IEA sees subdued oil demand growth as economic headwinds remain
THE International Energy Agency sees oil demand growth this year at 1.3 million barrels per day (bpd), down a full million bpd from 2023, but up by 110,000 bpd...
Saudi Arabia in talks to add top Wall Street banks to Aramco share sale
SAUDI Arabia is in talks to add top Wall Street banks for a secondary share sale in oil giant Aramco, as it pushes ahead with one of the largest...
Foxconn reports 33% rise in fourth-quarter net profit
TAIWANESE tech giant Foxconn on Thursday (Mar 14) reported a 33 per cent jump in net profit during the final three months of 2023, marking the second straight quarter...
