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IN early 2020, New York’s luxury real estate market was finally showing signs of life. There was a large oversupply of new condos, but buyer and seller expectations – never aligned in the best of circumstances – were slowly beginning to move in tandem.
PETALING JAYA: The local market appeared resilient and saw broad gains for the bigger-capitalised stocks despite a weaker sentiment in Asia and Europe.
TESCO Stores (Malaysia) Sdn Bhd was never a core business for Sime Darby Bhd. The disposal of its 30% stake to CP Group of Thailand for RM300mil may be small relative to Sime Darby’s market capitalisation of RM13.6bil.
TOKYO: Japan’s large manufacturers will likely keep many of their workers on payrolls even though the coronavirus pandemic has dented automotive, electronics, metal and basic industries, the chief of the Japan Council of Metalworkers’ Unions said.
PETALING JAYA: The National Chamber of Commerce and Industry of Malaysia (NCCIM) has asked the government to review its approach of the current movement control order (MCO).
TOKYO: The dollar fell against the yen on Thursday before data expected to show a surge in U.S. claims for unemployment benefits as companies lay off workers due to the rapid spread of the coronavirus.