Real Estate
Expedia to eliminate 1,500 jobs as travel growth moderates
EXPEDIA Group is eliminating about 9 per cent of its workforce after announcing a leadership transition earlier this month while the online travel company attempts to revive growth and...
BYD pitches floating luxury SUV to win over European buyers
BYD is underscoring its European ambitions at the Geneva car show this week by showing off models including a 1,200-horsepower luxury sport utility vehicle (SUV) that can float on...
Boeing hit by damning FAA report faulting safety culture
UNITED States regulators issued a scathing assessment of Boeing’s safety culture, putting further pressure on the company as it contends with the fallout from a near-catastrophic accident at the...
Bitcoin breaks from recent range to set more than two-year high
BITCOIN rose to the highest in more than two years, climbing above US$54,000, amid growing optimism that persistent investor demand through exchange-traded funds (ETFs) will drive the price of...
Europe: Stoxx 600 falls at start of inflation data-driven week
EUROPE’S benchmark stock index dropped on Monday, led by miners, with investors bracing for crucial inflation reports throughout the week for further clues on the timing of interest rate...
US: Stocks retreat from records
WALL Street stocks dipped on Monday, retreating from records ahead of new inflation data expected to influence US monetary policy. “There is a lot of uncertainty about the Fed policy,” said...
Citi hires JPMorgan’s Raghavan as banking head amid turnaround
CITIGROUP hired JPMorgan Chase’s Viswas Raghavan as head of banking and executive vice-chair, poaching from a key rival as chief executive officer Jane Fraser presses ahead with the bank’s...
Ho Bee Land’s H2 net loss of S$104.1 million extends losing streak on hit from London portfolio
REAL estate developer Ho Bee Land reported a net loss of S$104.1 million for the six months ended Dec 31, 2023, reversing a net profit of S$16 million in...
