Business
Australia: Shares hit fresh high on mining and banks boost
AUSTRALIAN shares rose to a record high on Thursday, driven by miners and banks, while investors awaited US Federal Reserve Chair Jerome…
Swedan Margen
Swedan Margen contributes to Cosmopolitan Canada across fashion, style, culture, and entertainment.
The work spans trend coverage, cultural conversation, and stories drawn from the publication's editorial partners, with source attribution provided within individual articles where applicable.
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Business
Commonwealth Bank of Australia reverses job cuts decision over AI chatbots
Lenders around the world are grappling with the use of artificial intelligence and its impact on jobs Commonwealth Bank of Australia (CBA)…
Business
AI job cuts debacle sees biggest Australia bank reverse tack
Commonwealth Bank of Australia (CBA) reversed a decision to cut 45 customer service roles due to new artificial intelligence (AI)…
Business
Great Eastern resumes trading after year-long suspension; opens at S$13.2 following bonus issue
Great Eastern Holdings (GEH) resumed trading on Thursday (Aug 21) after a proposed bonus share issue lifted its free float to above 10 per…
Business
Great Eastern resumes trading after year-long suspension; opens at S$13.21 following bonus issue
Great Eastern Holdings (GEH) resumed trading on Thursday (Aug 21) after a proposed bonus share issue lifted its free float to above 10 per…
Business
Great Eastern resumes trading after year-long suspension; closes 10% lower than OCBC’s best offer
Great Eastern Holdings (GEH) resumed trading on Thursday (Aug 21), after a proposed bonus share issue lifted its free float above 10 per…
Business
Gold little changed as investors await Jackson Hole remarks
Gold prices were steady on Thursday (Aug 21) as investors awaited cues into the US Federal Reserve’s policy outlook ahead of the Jackson…
Business
Stocks to watch: Sats, Great Eastern, Wing Tai, Beng Kuang Marine, Capital World
The following companies saw new developments that may affect trading of their securities on Thursday (Aug 21): Sats: The airline caterer…
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Capital World unit faces RM327,953.1 in claims, buyer seeks refund for unit purchased in 2021
The company is required to enter an appearance within 14 days after being served the letter Property company Capital World on Wednesday…
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Capital World unit faces more than RM300,000 in claims, buyer seeks refund for unit purchased in 2021
The company is required to enter an appearance within 14 days after being served the letter Property company Capital World on Wednesday…
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Capital World unit faces more than RM320,000 in claims, buyer seeks refund for unit purchased in 2021
The company is required to enter an appearance within 14 days after being served the letter Property company Capital World on Wednesday…
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China emissions fall while chemicals emerge as new hotspot
Coal-based chemical processes are more polluting than ones using traditional petroleum-based feedstocks A surge of renewable power led to…
Business
Microsoft curbs early access for Chinese firms to notifications about cybersecurity flaws
Microsoft has curtailed Chinese companies’ access to advance notifications about cybersecurity vulnerabilities in its technology after…
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Chinese carriers claim jets from elusive Airbus mega-order
China’s biggest airlines have started dividing up a 500-plane mega-order for Airbus jets from a deal that Beijing is still looking for an…
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Google unveils latest Pixel phones packed with AI
GOOGLE on Wednesday unveiled new Pixel 10 smartphones that promise more artificial intelligence capabilities, as it seeks to elbow out…
Business
Singapore-focused listed companies are having their turn in the spotlight
The oft-heard complaint is that Singapore’s market is too small and, beyond the banks, no one can make much money from investing in it.…
Business
US banks cut back muni exposure to lowest since financial crisis
US banks are holding the smallest share of debt sold by states and localities since the financial crisis despite attractive valuations and…
Business
Fed minutes show majority of FOMC saw inflation as greater risk
Most US Federal Reserve officials highlighted the risk to inflation as outweighing concerns over the labour market at their meeting last…
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Oil prices climb 2% on drop in US crude inventories as investors focus on Ukraine peace push
Oil prices climbed about 2 per cent on Wednesday on a bigger-than-expected weekly drop in US crude inventories as investors awaited the…
Business
Europe: Stoxx 600 closes higher but gains limited by tech, defence
EUROPE’S Stoxx 600 closed higher on Wednesday boosted by consumer and healthcare stocks, while declines in tech and defence stocks limited…
Business
US: Wall Street mostly down as tech still under pressure
stocks closed mostly lower on Wednesday as the tech sector remained under pressure while investors kept an eye on retail earnings and…
Business
Hilton Als’s Essential James Baldwin
A hundred and one years after James Baldwin’s birth, the writer has become as much an icon as a public intellectual can be—a status that,…
Business
Who Is Sachia Vickery? US Open Star Rakes in Millions Selling Her Steamy Photos on OnlyFans and Charges $1,000 for Going on Dates
American tennis player Sachia Vickery is trying to qualify for the US Open this week, where the winner will take home an impressive $5…
Business
Global Stocks Turn Cautious as Nasdaq Slides, Nikkei Declines, and Fed Outlook Weighs on Markets
Global markets were mixed Wednesday. Stocks Big tech shares sank on Wall Street, dragging the Nasdaq and S&P 500 lower, even as the Dow…