Real Estate
Jollibee targets exponential growth in China to triple profit
JOLLIBEE Foods, the Philippines’ largest restaurant operator, plans to expand its brand internationally and “exponentially grow” in China as it aims to triple its net income in five years,...
Bank of Japan chief Ueda slightly tones down optimism on economy
BANK of Japan Governor Kazuo Ueda said on Tuesday the economy was recovering but also showing some signs of weakness, offering a slightly bleaker assessment than in January in a nod...
China’s Xiaomi to start deliveries of its first EV model, shares soar
CHINA’S Xiaomi said on Tuesday (Mar 12) it will start deliveries of its first electric vehicle (EV) model SU7 this month, venturing into the world’s largest auto market amid...
KKR says now a good time to lean into Asia’s credit markets
ASIA’S credit markets offer some of the best investment opportunities because of strong demand for financing, undervalued assets and high-quality issuers in the region, according to KKR & Co....
Trump calls TikTok a threat but says some kids could ‘go crazy’ without it
US PRESIDENTIAL candidate Donald Trump said on Monday TikTok was a national security threat but also said a ban on the popular app would hurt some kids and only strengthen Meta...
Mango’s US expansion helps sales top 3.1 billion euros in 2023
SPANISH fashion retailer Mango reported on Monday record sales of 3.1 billion euros (S$4.5 billion) in 2023, beating its forecast after matching domestic rival Zara’s strong expansion in the...
Nvidia ETF that delivers double gains sees record flows
ARTIFICIAL intelligence (AI) bulls are increasingly gravitating towards an exchange-traded fund (ETF) that amps up bets on Nvidia as trading volumes and inflows hit all-time highs. After notching a...
ECB leaning towards keeping banks’ minimum reserve level at 1%
THE European Central Bank (ECB) is leaning against any immediate change in the amount of money lenders need to park with it interest-free, removing for now the threat of...
