Technology
Asia: Shares tentative; dollar, yields squashed on outsized Fed cut bets
ASIAN stocks wobbled on Tuesday while the dollar and US Treasury yields came under pressure, with just a day to go before the expected start of the Federal Reserve’s easing cycle...
Chinese appliance giant Midea’s shares jump 9.5% on Hong Kong debut after raising US$4 billion
SHARES of Chinese appliance maker Midea Group rose in their Hong Kong debut after the city’s biggest listing in three years saw robust demand and revived hopes of a...
US allies struggle to break China’s dominance of rare earths
A COUPLE hours outside Houston, in a remote field near a Dow Chemical plant, America’s bid to undercut China’s grip on the global supply of rare earth minerals critical...
CapitaLand Investment in talks to buy Club Med stake from Fosun: sources
SINGAPORE’S CapitaLand Investment (CLI) is in advanced talks to buy a minority stake in French luxury resort chain Club Med from its Chinese owner Fosun International, according to sources...
Stocks to watch: SIA, Q&M Dental
THE following companies saw new developments that may affect trading of their securities on Tuesday (Sep 17): Singapore Airlines: The group recorded growth of 10.8 per cent for passenger...
Two Walmart heirs top US$100 billion wealth for the first time
ABUNDANT wealth is nothing new for the Walton family, whose fortune is tied to the world’s largest retailer. But for the first time ever, two Walton heirs have topped...
Apple buildings in Silicon Valley put up for sale by landlord
TRICAP, a New York-based property owner, is marketing California office buildings that count Apple as a tenant.The company hired brokerage Newmark Group to find buyers for the nearly 350,000-square-foot...
Intel delays Germany, Poland chip factories for two years
CHIP-MAKING giant Intel on Monday said it was delaying its plans to build two mega chip-making factories in Germany and Poland as the company faces lower demand than anticipated.The...