Singapore Home Price Rises Slow, Rents Fall as Market Cools

Slowing economy may weigh on prices in coming months Rents remain high despite second quarter of declines Singapore home prices grew at a slower pace last quarter and rents fell, as the city-state’s property boom began to lose steam. Prices for private residences rose...

Microsoft-Backed Rubrik Leads Debut Trio Setting Steady IPO Pace

Cloud and data security company’s shares rise 16% on first day Plane parts maker Loar soars in debut while Marex treads water Rubrik Inc. rose 16% in its trading debut after the cloud and data security startup backed by Microsoft Corp. topped its fundraising goal with...

Why the World Needs More Copper — a Lot More Copper

Avoiding a climate catastrophe is often portrayed as a question of political will. Yet the push to reduce carbon emissions is also a daunting technical and societal challenge. Retooling power and transportation systems to run on renewable energy will require far...

Tiny Islands Look to Space to Save Them From Global Warming

Hello, I’m Bruce Einhorn in Hong Kong and welcome to Bloomberg’s weekly newsletter about the new space economy. Small nations are making impassioned pitches to space ventures that they need more services to survive. But first ... Three things you need to know today:...

PepsiCo Boosted by International Growth as US Sales Drop

North American food and drinks units suffer decline in volume Quaker Oats sales plunge 24% after salmonella-scare recall PepsiCo Inc. posted stronger-than-expected sales growth thanks to robust demand in its international divisions, while volumes dropped in North...

JPMorgan warns stock market sell-off has ‘further to go’

Stocks rebounded from their recent slump on Monday, but some bearish Wall Street strategists still see concerns that aren't going away anytime soon for investors. With expectations that the Federal Reserve will cut interest rates fading, signs of inflation remaining...

Traders Are Cashing Out of Markets En Masse

Traders just pulled billions out of stocks and junk bonds Elevated market valuations are now stirring investor angst The great market rally of 2024 looks dangerously close to unraveling as Wall Street’s once-invincible bull brigade begins to withdraw its winnings....

Tech Stocks’ Biggest Weekly Rout Since 2022 Roils Markets

US equities sold off sharply on Friday, sending tech stocks to the biggest weekly loss in 17 months, due to tensions in the Middle East and worries over the outlook for interest rates. The S&P 500 index closed down 0.9%, dropping for the sixth straight session and...