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PETALING JAYA: Rental rebates by retailers will have a negative impact on real estate investment trusts (REITs) that own retail malls, according to CGS-CIMB Research.
LONDON: Cities are home to more than half the world’s population and produce about 70% of worldwide greenhouse gas emissions. So while climate change is a global problem, the day-to-day causes and effects will have to be dealt with at a local level.
MUMBAI: Gold exchange-traded funds (ETFs) are popular again, as risks to the global economy escalate even as jewellery sales languish in the world’s second-biggest consumer of the precious metal.
MUMBAI: Indian mutual funds are carving out their investments in troubled Vodafone Idea Ltd’s debt into separate portfolios.
HONG KONG: HSBC Holdings PLC says it will shed US$100bil in assets, shrink its investment bank and revamp its US and European businesses in a drastic overhaul that will mean 35,000 jobs cut over three years.
THE Women, Family and Community Development Ministry will review adoption procedures following reports of babies offered up for adoption illegally online.
Washington (AFP): The Boy Scouts of America (BSA) filed for bankruptcy on Tuesday (Feb 18) in what it said was an effort to safeguard compensation payouts for sexual abuse victims.
SHANGHAI/SINGAPORE: China's blue-chip stocks ended lower on Tuesday as Apple warned that it was unlikely to meet its March quarter sales forecast as the Covid-19 coronavirus slowed production and weakened demand in China.
HONG KONG/LONDON: HSBC Holdings PLC said on Tuesday it would shed $100 billion in assets, shrink its investment bank and revamp its U.S. and European businesses in a drastic overhaul that will mean 35,000 jobs cut over three years.