Technology
HSBC cuts key rate in Hong Kong for the first time since 2019
HSBC Holdings cut its key benchmark rate in Hong Kong for the first time since 2019, a move likely to hit margins while bringing relief to homeowners and borrowers...
Tech, real estate sectors in Asian markets to see immediate gains on first Fed rate cut in four years
But the longer-term impact of rate cuts on markets might be minimal given uncertainties around the health of the US economySECTORS in the Asian equity markets which are sensitive...
Asia tech, real estate sectors to see immediate gains on first Fed rate cut in four years
But longer-term impact on markets might be minimal given uncertainties around the US economySECTORS in the Asian equity markets which are sensitive to interest rates, such as technology and...
Asia: Tokyo surges on weak yen as traders cheer big US rate cut
TOKYO’S Nikkei led Asian markets higher on Thursday as the yen hit a two-week high after the Federal Reserve announced a bumper interest rate cut and pledged a series...
Nintendo sues Palworld maker Pocketpair for patent infringement
NINTENDO filed a patent infringement lawsuit against Tokyo-based Pocketpair, the maker of hit game Palworld, seeking an injunction and compensation for damages.The case, brought together with affiliate Pokemon, was...
Sabana Reit requisitionists dismiss trustee’s proposal; will proceed with EGM
THE requisitionists of Sabana Industrial Real Estate Investment Trust (Sabana Reit) will proceed with an extraordinary general meeting (EGM) to vote on the proposed internal manager directors. This came...
Boeing furloughs thousands as no progress made to resolve strike
BOEING said on Wednesday (Sep 19) that it will temporarily furlough tens of thousands of employees after about 30,000 machinists went on strike last Friday, halting production of its...
Oiltek unit bags RM19.5 million in new contracts
OILTEK International has won new contracts worth RM19.5 million (S$5.9 million) from Africa, Central America and Malaysia, through its subsidiary in Selangor.This will take the group’s current order book,...
