Real Estate
Private assets giant Brookfield expects alternative investments to replace public markets in 25 years
[SINGAPORE] Bruce Flatt, the billionaire chief executive officer of Toronto-based Brookfield, is understandably bullish on the prospects of alternative investments. The Canadian investment giant has, after all, amassed more than...
US, China to resume trade talks with focus on rare earth exports
[WASHINGTON] Top trade negotiators from the US and China are set to hold fresh talks in London on Monday (Jun 9), offering a glimmer of hope that the world’s...
Baltic Exchange Shipping Insights
CapesizeThe Capesize market enjoyed a strong upward trajectory this week, driven by consistent gains in the Pacific and mounting support in both South Brazil and the North Atlantic. The ...
Chinese managers take reins at TikTok Shop in US as sales miss goal
[SEATTLE] ByteDance, TikTok’s parent company, has been replacing US-hired staff near Seattle with managers connected to China, aiming to replicate its e-commerce success in Asia after sales fell short...
ECB’s Schnabel says now is right time to boost role of euro
[DUBROVNIK] European Central Bank Executive Board member Isabel Schnabel sees a favourable moment now to strengthen the euro’s global role as investors turn to Europe.
There is a “window of...
Meta in talks for scale AI investment that could top US$10 billion
[NEW YORK] Meta Platforms is in talks to make a multibillion-dollar investment into artificial intelligence startup Scale AI, according to people familiar with the matter. The financing could exceed...
BHG downsizes Bugis Junction flagship outlet as department stores face shaky future
[SINGAPORE] Department store BHG is downsizing its flagship Bugis Junction outlet – its last remaining permanent store – from three to two levels.
This follows the March closure of its...
Trump says decision on Fed chair will be out soon
Published Sat, Jun 7, 2025 · 08:13 AM[WASHINGTON] President Donald Trump said on Friday that a decision on the next Federal Reserve chair will be coming out soon, adding...
