TOKYO (Reuters) – Asian stocks steadied on Wednesday as Chinese stocks nudged higher on hopes of additional stimulus to lessen the economic impact of a coronavirus outbreak, but risks remain as the illness continues to spread and the death toll neared 500. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.36%. Shares in […]
KFC and Pizza Hut's new Popcorn Chicken Pizza has been such a massive hit with fast food fans since launching yesterday, it's temporarily sold-out. Reps at Pizza Hut have confirmed just under 20,000 of the uniquely flavoured pizzas were snapped up by hungry Brits eager to try the unconventional flavour. The limited edition treat includes […]
DUBAI/RIYADH (Reuters) – Several Saudi Arabian companies are planning to list shares on the Riyadh exchange in coming months in the wake of oil giant Aramco’s record IPO. Saudi Aramco raised $29.4 billion by listing about a 1.7% stake on the Tadawul in December, prompting concerns from some analysts that it would drain liquidity from […]
(Reuters) – Ralph Lauren Corp (RL.N) beat market expectations for the holiday-quarter profit on Tuesday, as higher prices for its winterwear boosted margins, sending the fashion house’s shares up 6% in premarket trading. The company has said it could sell products at higher prices due to a ramp up in marketing, especially on social media […]
Have you got a money concern you'd like to talk about? Whether you've been ripped off by a rogue retailer, a dodgy firm or mistreated by your bank, we'd like to hear from you. Mirror Money's Emma Munbodh has launched a new support column to help address your consumer and financial concerns. We'll be showcasing […]
SINGAPORE (BLOOMBERG) – In property-crazed Singapore, owning real estate isn’t always the high-yielding investment you might think. The rate of return for private apartments in the city-state has slipped since 2011, when measures to cool the market were introduced by the government. In fact, some units now have a lower yield than Singapore’s national pension […]
NEW YORK (Reuters) – Morgan Stanley (MS.N) said on Monday it will give $20 million to seven nonprofit groups working to prevent youth suicide and fight depression and other children’s mental health problems. Calling the initiative the Morgan Stanley Alliance for Children’s Mental Health, the bank aims to recruit other donors to help fund the […]
SINGAPORE (THE BUSINESS TIMES) – A Holland Village shophouse with two retail units, together with their adjacent front and rear land parcels, has been launched for sale at an indicative price of $13.8 million. The two units are located at 26A and 26C Lorong Mambong. The freehold properties have a total strata area of about 1,840 […]
THE manufacturing sector returned to growth last month on the back of greater certainty around Brexit, and an improvement in the industrial backdrop in Europe. In addition, confidence among firms was at its highest since last May, according to the latest purchasing managers’ index (PMI) from AIB. The PMI is an indicator designed to provide […]
SHANGHAI/SINGAPORE (Reuters) – Chinese stock and commodity markets fell heavily at the open on Monday, in the first trading session after an extended Lunar New Year break, as investors dumped risky assets in response to rising fears about the spread of a new virus across China. The Shanghai Composite index .SSEC opened down 8% at […]