by Bloomberg.com | May 27, 2024 | alerts, Markets/Economy
CK Asset’s office buildings in Central see high vacancies Increasing supply, weak demand put pressure on market No one’s property in Hong Kong epitomizes the pain in the office market better than real estate legend Li Ka-shing’s. CK Asset Holdings Ltd.’s crown jewel...
by Bloomberg.com | May 27, 2024 | alerts, Markets/Economy
Power producers, semiconductor firms well placed to benefit Region to be second-largest non-US data center provider: MS Equity investors are scouring Southeast Asia for alternatives to play the artificial intelligence theme as tech giants pour billions of dollars in...
by Bloomberg.com | May 27, 2024 | alerts, Markets/Economy
OPEC+ expected to prolong cuts at meeting to be held online Brent above $83 a barrel after touching lowest since February Oil rose after dropping last week, with the focus on an OPEC+ supply meeting on Sunday and US demand at the start of the summer driving season....
by Bloomberg.com | May 26, 2024 | alerts, Markets/Economy
Smelters are turning to abundant scrap supplies to replace ore Plants add capacity to defend market share and boost growth The global copper market is gripped by fears of a shortage, which has propelled prices to record levels and sparked a $49 billion...
by Bloomberg.com | May 26, 2024 | alerts, Markets/Economy
Across stocks, bonds, oil, FX volatility is lowest since 2020 VIX index touched the lowest in five years last week Volatility is getting crushed. Everywhere. One risk event after another, from inflation data to Nvidia Corp. earnings, gets cleared with barely a ripple...
by Bloomberg.com | May 26, 2024 | alerts, Markets/Economy
Le Maire says determined to shelter own economic gains French minister speaks with Bloomberg TV at Group of Seven The entire world economy is at risk from a glut of cheap Chinese exports, France’s Finance Minister Bruno Le Maire said in tandem with a barrage of joint...