Real Estate
ECB more likely to cut rates in June than April, Villeroy says
THE European Central Bank (ECB) will lower borrowing costs in the spring, with June more likely than April for a first move, Bank of France (BOF) governor Francois Villeroy...
Singtel halts trading after rising 4.2%, denies media reports of Optus sale
SINGTEL requested a trading halt on Wednesday (Mar 13) afternoon shortly after the Australian Financial Review (AFR) reported that the telecommunications giant was in advanced discussions to sell Optus...
Adidas warns of 2024 sales decline in overstocked North America market
GERMAN sportswear giant Adidas said on Wednesday (Mar 13) it expects a decline in its sales in North America this year, blaming a still-overstocked market there, as the company...
Adidas posts first loss in 30 years and warns on US
GERMAN sportswear giant Adidas posted its first annual loss in more than 30 years on Wednesday (Mar 13) and warned sales in North America would fall again as sportswear...
Rocket explodes moments after Japan space startup’s launch
SPACE One, a Japanese startup backed by Canon, failed to send its first rocket to space, a major setback in efforts to join a booming market for commercial launches....
South Korea moves closer to extending onshore won trading hours
SOUTH Korea will undertake another test of after-hours trading of the won as authorities prepare to extend the currency’s trading session. Some banks will be allowed to exchange the...
Gold subdued as sticky US inflation prompts rate-cut rethink
GOLD prices steadied on Wednesday (Mar 13), after posting its biggest decline in a month in the previous session after a sticky United States inflation report boosted bond yields...
Toyota agrees to biggest wage hike in 25 years in sign of Japan Inc’s big pay bump
TOYOTA Motor agreed to give factory workers their biggest pay increase in 25 years on Wednesday (Mar 13), heightening expectations that bumper pay raises will give the central bank...
