Business

Ascott acquires 80% stake in US Synergy Global Housing

Ascott acquires 80% stake in US...

58 min 28 sec ago

SINGAPORE — The Ascott, CapitaLand’s wholly owned serviced residence arm, is acquiring an 80 per cent stake in the US-based corporate accommodation company Synergy Global...

BMW, VW and Daimler shares skid on EU probe of German carmakers

BMW, VW and Daimler shares skid on EU...

July 24

FRANKFURT - German auto stocks took a hit in early Monday trading, weighed down by uncertainty over possible antitrust fines after European regulators said they were...

U.S. chicken processor profits fatten on cheap feed

U.S. chicken processor profits fatten...

July 24

CHICAGO - U.S. meat producers are earning some of the highest profit margins in more than a decade, a bright spot for investors in agriculture, where grain farmers and trading...

Direct lending funds' fading all-weather appeal

Direct lending funds' fading all...

July 24

NEW YORK - Miami-area money manager Bob Press appears to offer the ultimate all-weather investment: a "direct lending" hedge fund that does not require a long-term commitment...

High-flying euro pushes down European shares

High-flying euro pushes down European...

1 hour 54 min ago

LONDON - The euro hit a 23-month high on Monday against an ailing dollar, weighing on shares of European exporters before weaker-than-expected German business activity took the...

China's debt specter could haunt Fed's policy meetings

China's debt specter could haunt Fed...

July 24

HONG KONG - In September 2015, the U.S. Federal Reserve cited risks from China as a key reason for delaying its first interest rate hike in a decade. A wall of Chinese debt...

Oil prices dip as prospect of deeper OPEC output cut dims

Oil prices dip as prospect of deeper...

1 hour 21 min ago

LONDON - Oil slipped to one-week lows Monday, as several OPEC and non-OPEC ministers met to discuss a pact to curb oil output but the prospect of the group delivering deeper...

Australian regulator investigating Takata airbag recall after death

Australian regulator investigating...

July 24

SYDNEY - Australia's consumer watchdog said on Monday it was investigating the recall of Takata Corp <7312.T> vehicle airbags, a day after police said a man's death in a...