Real Estate
Japan’s SoftBank cuts stake in India’s Paytm to under 3%
JAPAN’S SoftBank Group has further reduced its stake in beleaguered Indian payments firm Paytm to 2.83 per cent from 5.01 per cent, an exchange filing showed on Thursday (Feb...
Bahrain’s sovereign wealth fund to invest in Singapore Gulf Bank
BAHRAIN’S sovereign wealth fund Mumtalakat is investing in Whampoa Group’s Singapore Gulf Bank (SGB). The investment will enable SGB to launch and grow its business in Bahrain, said Mumtalakat...
Cut-off yield on latest Singapore 6-month T-bill rises to 3.8%
Yields on the bills are determined via competitive auctions in a market that comprises individuals and institutions from Singapore and overseas, and therefore reflect the general level and direction...
Meta targeted in privacy complaints by eight EU consumer groups
META Platforms was hit with privacy complaints on Thursday (Feb 29) as eight European Union consumer groups asked watchdogs to act against the Facebook owner for allegedly breaching the...
Hong Kong exchange’s 2023 profit misses forecast as new listings, trading income sags
HONG Kong’s bourse operator on Thursday (Feb 29) reported an 18 per cent profit rise in 2023, but missed estimates as higher investment income was offset by a drop...
7-Eleven is testing a bigger convenience store with more stuff on shelves
AFTER refining the convenience-store concept and expanding across Japan, Seven & i Holdings wants to find out whether there’s consumer appetite for a bigger version of its 7-Eleven outlets...
Asia: Markets track Wall Street losses
ASIAN shares mostly fell on Thursday tracking US losses ahead of the release of crucial inflation data later in the day that will help chart the Fed’s rate cut...
Gold prices steady as traders brace for US inflation data
GOLD prices held ground on Thursday (Feb 29) as traders awaited the Federal Reserve’s preferred inflation gauge due later in the day that could provide a fresh perspective into...
