US existing home sales fall less than expected in August

Carpenters work on building new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, US, May 5, 2021. REUTERS/Octavio Jones Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 21 (Reuters) – US existing home sales dropped for the seventh straight month in August as … Read more

Indonesia trimming palm oil stocks with discounts, India sales

Worker loads palm oil fresh fruit bunches to be transported from the collector site to CPO factories in Pekanbaru, Riau province, Indonesia, April 27, 2022. REUTERS/Willy Kurniawan/File Photo Register now for FREE unlimited access to Reuters.com Register India could buy 2 mln T in Aug-Nov from Indonesia Export levy waiver boosts Indonesia’s exports Stocks could … Read more

China’s property sector contracts further with prices, sales falling

Register now for FREE unlimited access to Reuters.com Register Home prices fell at the fastest pace since Nov 2021 Property investment falls at the fastest pace since early 2020 BEIJING, Sept 16 (Reuters) – China’s property sector contracted further in August, with falls in home prices, investment and sales, official data showed on Friday, as … Read more

US retail sales increase in August; weekly jobless claims fall

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 15 (Reuters) – US retail sales unexpectedly rose in August as lower gasoline prices supported spending, but demand is cooling as the Federal Reserve aggressively raises interest rates. Retail sales increased 0.3% last month, the Commerce Department said on Thursday. Data for July was … Read more

Seven companies bid for new casino licenses in Macau

Register now for FREE unlimited access to Reuters.com Register HONG KONG, Sept 14 (Reuters) – Seven companies have bid for new casino licenses in the world’s biggest gaming hub, with new contracts set to start at the beginning of 2023, Macau’s government said on Wednesday. Macau, a special administrative region of China, is the only … Read more

US existing home sales fall for sixth straight month; prices remain elevated

A “For Rent, For Sale” sign is seen outside of a home in Washington, US, July 7, 2022. REUTERS/Sarah Silbiger/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 18 (Reuters) – US existing home sales fell to a fresh two-year low in July, further evidence that the Federal Reserve’s aggressive monetary … Read more

Malaysia ex-PM Najib moves from luxurious lifestyle to lockup

Malaysia’s former Prime Minister Najib Razak speaks during an interview with Reuters in Kuala Lumpur, Malaysia March 4, 2020. REUTERS/Lim Huey Teng/File Photo Register now for FREE unlimited access to Reuters.com Register KUALA LUMPUR, Aug 24 (Reuters) – Former Malaysian Prime Minister Najib Razak’s new prison lodgings may be less than an hour’s drive from … Read more

India’s Tata may have to write off AirAsia India’s loss – Economic Times

Aug 24 (Reuters) – India’s Tata Sons will likely have to make a provision of 26 billion rupees ($325.69 million) as accumulated losses for low-cost carrier AirAsia India (AIRS.NS) , which it’s seeking to absorb into unit Air India and. merge with Air India Express, the Economic Times reported on Wednesday. Earlier this year, Tata … Read more

Malaysia’s bourse to launch voluntary carbon market by year-end

A general view of a business district in Kuala Lumpur, Malaysia September 15, 2020. REUTERS/Lim Huey Teng Register now for FREE unlimited access to Reuters.com Register KUALA LUMPUR, Aug 15 (Reuters) – Malaysia’s stock exchange on Monday said it will launch a voluntary carbon market (VCM) by the year’s end, with the aim of increasing … Read more

EXCLUSIVE Malaysia’s Tenaga plans $1 bln IPO for power business, sources say

A view of Tenaga Nasional Berhad headquarters in Kuala Lumpur, Malaysia, October 13, 2015. REUTERS/Olivia Harris Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Aug 12 (Reuters) – Malaysian electricity utility Tenaga Nasional Bhd (TENA.KL) plans to start the process next year for a potential $1 billion listing of its power generation business, … Read more