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Sources: Suns, Kennard agree on 2 years, $13M
Free agent guard Luke Kennard has agreed to a two-year, $13 million deal with the Phoenix Suns, with a player option for the second season, sources told ESPN's Shams Charania. Kennard joins the Suns after a successful stint with the Los Angeles Lakers to end last season. Acquired from the Atlanta Hawks at the trade deadline for Gabe Vincent and a 2032 second-round pick, Kennard quickly fit in alongside Luka Doncic, LeBron James and Austin Reaves with his elite shooting and playmaking instincts.
Will slowing car sales in China reignite brutal price war in crowded market?
In the most bearish Chinese car market forecast by an international bank or consultancy, AlixPartners has predicted that deliveries will fall by 10 per cent this year on the back of a shaky economy and softening government support. Weak buying interest was likely to fuel a brutal price war that would ensnare nearly all the country’s 100-odd carmakers, the global consultancy added. It forecast that 24.6 million light vehicles would be delivered by Chinese carmakers this year, with 10 million...
India Prop Traders Brace for RBI Funding Squeeze
India Prop Traders Brace for RBI Funding Squeeze Good morning... I’m Alex Gabriel Simon in Mumbai with your midweek markets update. A positive month for local equities ended on a soggy note yesterday, as the Nifty slipped further away from the 24,000 mark.
HDB resale prices fall for second consecutive quarter; private home prices edge up 0.5%
HDB resale prices fall for second consecutive quarter; private home prices edge up 0.5% Analysts cited a "weaker hiring outlook" as a factor behind the "sluggish" HDB resale market. The resale price index for public housing fell for a second consecutive quarter, while private property prices continued to rise, albeit at a slower pace than the previous quarter. In flash estimates released by the Housing and Development Board (HDB) on Wednesday (Jul 1), the resale price index fell by 0.3 per...