Real Estate
In surprise twist, Armani’s will instructs heirs to gradually sell fashion brand or seek listing
The late designer has left instructions for a 15% stake to be sold within 18 months[MILAN] Late designer Giorgio Armani in his will instructed heirs to gradually sell the...
Japan’s Nikkei ends at record high as chip-related shares gain on Wall Street boost
[TOKYO] Japan’s Nikkei share average ended at a closing high for a second straight session on Friday (Sep 12), as chip-related stocks tracked Wall Street’s strong finish overnight.The Nikkei...
SGX to launch index that tracks non-STI listcos: Chee Hong Tat
The STI comprises the 30 largest companies by market capitalisation, but represents only a portion of SGX’s listed companies[SINGAPORE] The Singapore Exchange (SGX) will be launching an index that...
Meituan launches AI agent to boost food delivery business
[HONG KONG] Meituan has launched a new artificial intelligence (AI) agent app that aims to boost its food delivery and local services business, as its battle with Alibaba Group...
Stocks to watch: CapitaLand Investment, CapitaLand China Trust, Frasers Hospitality Trust, TalkMed, Low Keng Huat, IReit Global
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Sep 12): CapitaLand Investment (CLI) ; CapitaLand China Trust (CLCT) : CapitaLand Commercial...
Apple analyst sentiment hits five-year low after two downgrades
[NEW YORK] Apple was hit with a pair of downgrades on Thursday (Sep 11), in the latest sign of caution towards the iPhone maker, which has sharply underperformed its...
ECB holds rates unchanged, offers no clues about next move
The ECB halved its key rate to 2% in the year to June but has been on hold ever since[FRANKFURT] The European Central Bank left interest rates unchanged on...
Chinese carmakers may keep price advantage despite Mexico levies
[MEXICO CITY] Mexico’s plan to levy tariffs of up to 50 per cent on vehicles from China may not unduly impact the Asian nation’s auto manufacturers whose inherently lower...
