Saturday, 28 Sep 2024

Business

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U.S. housing, manufacturing data suggest economic recovery slowing

WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes fell for a second straight month in October as an acute shortage of properties pushed up prices, though the housing market remains supported by record low mortgage rates.FILE PHOTO: A staff member at Food Bank of the Rockies stocks boxes of food in their warehouse […]

Universal Studios Japan to open Super Nintendo World area on Feb. 4

An aerial view shows Super Nintendo World, a new attraction area featuring the popular video game character Mario, which is set to open in the spring of 2021, at the Universal Studios Japan theme park in Osaka, western Japan, November 25, 2020. Picture taken November 25, 2020. Mandatory credit Kyodo/via REUTERS ATTENTION EDITORS – THIS […]

Universal Studios Japan to open Super Nintendo World area on Feb. 4

An aerial view shows Super Nintendo World, a new attraction area featuring the popular video game character Mario, which is set to open in the spring of 2021, at the Universal Studios Japan theme park in Osaka, western Japan, November 25, 2020. Picture taken November 25, 2020. Mandatory credit Kyodo/via REUTERS ATTENTION EDITORS – THIS […]

Second-hand car purchase led to 7 years of paying debt

When project engineer David stumbled on the chance to buy a second-hand car without down payment, he felt that it was too good a deal to miss. David (not his real name) was earning about $4,500 a month and could not afford a new car, as he would need to pay cash for at least […]

Greater number of firms expected to wind up in coming months, say experts

SINGAPORE – Despite the recent uptrend in business formations in Singapore, entity closures are also expected to rise in the coming months, experts said. Around 35,400 were de-registered between January and October – lower than the average of 41,100 seen over the same 10-month period between 2015 and 2019, according to data from the Accounting […]

How ‘The Emp’s’ clothing empire went from riches to rags

Even 10 years ago it was impossible to think that Sir Philip Green’s retailing career would be ending in the way it appears to be. The tycoon was the undisputed king of the high street, owner of a vast and profitable retail empire that straddled the BHS department store chain and Arcadia, owner of storied […]

In Their 20s and Saving for Retirement: How It Started, How It’s Going

When Dray Farley was 15, he watched a video his favorite gamer had posted on YouTube. But it wasn’t about Call of Duty. “It was how to get rich in 22 years, and the general math and concept of compound interest, the snowball effect, and how eventually your gains are making gains,” Mr. Farley said. […]

Asia's office Reits prove resilient in Hong Kong and Singapore

SINGAPORE (BLOOMBERG) – The office may never reach its past heights in the post-pandemic world but the outlook for Singapore and Hong Kong offices is promising. Relatively small homes in those cities, short commutes to work and new tech firm tenants bode well for property trusts that focus on those markets. Domestically focused real estate […]

COVID-19: Easyjet reports 200% rise in flight searches as rules eased for Christmas

Easyjet said searches for flights and holidays have increased by 200% as it emerged that UK-wide restrictions would be eased over Christmas. The carrier noted a significant rise in demand for December flights with domestic bookings from London and Bristol to Belfast, and from London to Edinburgh, among the most popular. There has also been […]

Asian shares slip as investors pause for breath after massive rally

WASHINGTON (Reuters) – Asian shares dipped slightly on Thursday as the hot run up in global markets took a breather, with investors switching their focus from vaccine hopes to disappointing U.S. jobs data and new COVID-19 lockdowns.FILE PHOTO: A men wearing a mask walk at the Shanghai Stock Exchange building at the Pudong financial district […]