Real Estate
Sea’s Shopee reaches 10 distribution centres in Brazil
SHOPEE said on Friday (Feb 24) it has opened its tenth distribution centre in Brazil, near the city of Goiania, its first in the country’s central west region. Shopee,...
US: Dow and S&P 500 eke out fresh records as stocks rally loses steam
TWO of Wall Street’s three major indices edged higher on Friday (Feb 23) to reach new records, as investors looked to take the profits they have accumulated this week...
Cheap mini-EVs sparkle in China’s smaller, poorer cities
TINY electric cars weave through traffic in southern China, their cheap and cheerful designs bringing a touch of colour to the EV revolution in the country’s overlooked cities. China...
Taobao China Software to sell Suning.com stake to Alibaba affiliate
ALIBABA’S Taobao China Software will sell its 20 per cent stake in Chinese retailer Suning.com to another Alibaba affiliate, Hangzhou Haoyue Enterprise Management for 2.8 billion yuan (S$523 million),...
Dollar on track for first weekly fall in 2024
THE US dollar was on track to record its first weekly fall in 2024 on Friday (Feb 23), as investors took a breather after almost two months of rises...
Deutsche Telekom sees 2024 profit up 6% on German, US growth
DEUTSCHE Telekom, Europe’s largest telecommunications operator, forecast its earnings this year will continue to grow after a strong 2023, boosted by growth in Germany and the US. Adjusted earnings...
Tuan Sing H2 net loss narrows to S$1.2 million
PROPERTY company Tuan Sing reported on Friday (Feb 23) a smaller net loss in the second half of 2023 amid an increase in revenue. Net loss for the six...
India central bank asks payment authority to consider Paytm request to become third party app provider
THE Reserve Bank of India said on Friday (Feb 23) it has asked the National Payments Corporation of India to examine a request from Paytm, formally known as One...
