Real Estate
Gucci sales to plunge 20% in first quarter on Asia slowdown, Kering says
KERING warned that sales at Gucci will plunge about 20 per cent in the first quarter due to a steeper-than-expected decline in the Asia-Pacific region, widening the gap between...
New regulations won’t halt decline in taxi population, say industry watchers
RECENTLY announced changes to requirements for taxis will reduce costs for operators, but will not reverse the trend of a dwindling taxi population, said industry watchers.Ride-hailing platforms will continue...
George Lucas backs Disney CEO Iger in proxy battle with Nelson Peltz
FILMMAKER George Lucas has backed Walt Disney CEO Bob Iger in the media company’s bitter proxy battle with activist investor Nelson Peltz and hedge fund Blackwells Capital. Lucas, who...
Apollo launches new private credit fund seeded by Mubadala
APOLLO Global Management has created a new private credit fund that will invest money from an affiliate of Mubadala Investment and other institutional investors for no fee during the...
US: Nasdaq, S&P 500 slide at open as focus shifts to Fed
THE benchmark S&P 500 and the tech-heavy Nasdaq opened lower on Tuesday (Mar 19) as investors shifted their attention to the Federal Reserve’s two-day meeting with focus on economic...
Yen falls in defiance of historic BOJ shift
THE Japanese yen tumbled on Tuesday (Mar 19) after the central bank made the momentous, but widely anticipated, decision to end its negative interest rate policy, while the US...
Singapore shares flat as investors await Fed’s policy meeting
SINGAPORE shares were flat on Tuesday (Mar 19) in spite of overnight gains on Wall Street, as investors wait for the outcome of the US Federal Reserve’s policy meeting...
Singapore shares flat on Tuesday as investors await Fed’s policy meeting
SINGAPORE shares were flat on Tuesday (Mar 19) in spite of overnight gains on Wall Street, as investors wait for the outcome of the US Federal Reserve’s policy meeting...
China’s Xiaomi posts 11% revenue rise on strong smartphone sales
CHINA’S Xiaomi reported a 10.9 per cent rise in fourth-quarter revenue and beat adjusted net profit estimates boosted by strong smartphone sales as the sector shows signs of recovery....
AstraZeneca bets on new cancer treatments with US$2 billion Fusion Pharma purchase
ASTRAZENECA said on Tuesday (Mar 19) it will buy clinical-stage biopharmaceutical company Fusion Pharmaceuticals for about US$2 billion in cash as the Anglo-Swedish drugmaker bets on next-generation cancer treatments....