Friday , 26 December 2025

Recent Posts

Covid-19: Saudi firm delays $2b debt talks for Vodafone deal

Bloomberg Saudi Telecom Co has postponed talks to raise debt to fund the acquisition of Vodafone Group Plc’s stake in its Egyptian business because of the coronavirus outbreak, according to people with knowledge of the matter. Work on the acquisition is still continuing and the kingdom’s largest telecoms operator may resume negotiations with banks for a loan of more than …

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Toronto home sales jumps by 12.3%

Bloomberg Toronto home sales surged in March, though government measures to stem the spread of the Covid-19 virus slowed real-estate activity in the second half of the month. Sales in around Canada’s largest city jumped 12.3% from a year earlier to 8,012 transactions, while the benchmark price climbed 2.3% from February to a non-seasonally adjusted C$865,200 ($611,881), the Toronto Regional …

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Singapore retail investors use cheap cash to load up on stocks

Bloomberg Record low interest rates are tempting some retail investors in Singapore to load up on debt to buy shares, just as the coronavirus outbreak creates the most volatile markets since the global financial crisis. Earlier this year, 31-year-old insurance agent Heng Kai Sheng got advances on three separate credit cards to the tune of S$150,000 ($105,000). With the money, …

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