Real Estate
ECB keeps rates on hold but acknowledges some inflation cooling
THE European Central Bank kept borrowing costs at record highs on Thursday (Mar 7) but took a first, small step towards lowering them, saying inflation was easing faster than...
China scrutinises bond buying at smaller banks as market soars
CHINESE regulators are scrutinising regional banks’ bond investments amid concern that they are speculating on the securities rather than lending to boost the economy, according to people familiar with...
Japan’s fair trade watchdog says Nissan underpaid subcontractors
JAPAN’S fair trade watchdog said on Thursday (Mar 7) Nissan Motor had violated the subcontractor act by underpaying dozens of suppliers by about 3 billion yen (S$27.09 million) in...
South Korea probes data protection by e-commerce platforms like AliExpress, Temu
SOUTH Korea’s personal data protection watchdog said on Thursday (Mar 7) it is looking into consumer data practices of major overseas shopping platforms, as South Korean use of Chinese...
Bruce Lee film studio weighing sale of Singapore Golden Village cinemas: sources
ORANGE Sky Golden Harvest Entertainment Holdings is considering selling its movie theatres in Singapore and Taiwan and seeking a valuation of at least US$400 million for the assets, according...
UK’s ITV expects ad recovery to boost profits
BRITAIN’S ITV, the maker of Mr Bates vs the Post Office, said it expected a recovery in the advertising market to help boost its profits this year after on...
Sias urges Great Eastern to address minority investors’ concerns, questions board on performance
THE Securities Investors Association (Singapore) or Sias has urged the board of Great Eastern to “seriously and objectively consider the true purpose of the shareholders’ requests”, instead of avoiding...
Singtel sells 0.8% direct stake in Airtel, expects S$700 million gain
SINGTEL has sold 49 million of its shares in Bharti Airtel, amounting to a 0.8 per cent stake in its Indian associate, for 1,193.70 rupees per share to US-based...
