Business
Nomura sees Fed cutting rates by 25bps in September as inflation cools
RA now expects the US Federal Reserve to cut interest rates by 25 basis points at its September meeting, citing softer core PCE inflation…
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
Stoneweg Europe Stapled Trust DPS falls 7% to 0.06553 euro for H1
Stoneweg Europe Stapled Trust (Sert) on Wednesday (Aug 13) posted a distribution per stapled security (DPS) of 0.06553 euro for its first…
Business
Why China’s banks are hunting for fortunes stashed abroad
BEHIND the gates of an opulent mansion in Vancouver, San Francisco, or Sydney, a wealthy Chinese individual lives a life of quiet…
Business
Asia: Stocks to gain as US CPI fuels Fed cut bets
STOCKS in Asia were set to track Wall Street higher after an in-line US inflation reading bolstered speculation the Federal Reserve will…
Business
Suzuki’s India unit doubles down on SUVs as small cars slide
Maruti Suzuki India is set to expand its sports utility vehicle (SUV) portfolio with a second mid-sized model, sources familiar with the…
Business
Circle falls after company, holders offer 10 million shares
Shares of Circle Internet Group fell after the second-largest stablecoin issuer and a group of shareholders, including co-founder and…
Business
Sea soars 18.9% on NYSE after Shopee and Monee-powered surge in Q2 earnings
Its shares are up 64.1% in the year to date and have quadrupled since its low of US$34.82 at the start of 2024 Sea Limited shares on the…
Business
Shopee, Monee power Sea Q2 earnings; stock soars 18.9% on NYSE
Its shares are up 64.1% in the year to date and have quadrupled since its low of US$34.82 at the start of 2024 Sea Limited shares on the…
Business
Shopee, Monee power Sea Q2 earnings; shares soar 18.9% on NYSE
Its counter is up 64.1% in the year to date and has quadrupled since its low of US$34.82 at the start of 2024 Sea Limited shares on the…
Business
Shopee, Monee power Sea’s market value to over US$100 billion; DBS only other Singapore company in that league
Its counter is up 64.1% in the year to date and has quadrupled since its low of US$34.82 at the start of 2024 Sea Ltd soared on the New…
Business
Shopee, Monee power Sea’s market cap to over US$100 billion; DBS only other Singapore company in that league
Its counter is up 64.1% in the year to date and has quadrupled since its low of US$34.82 at the start of 2024 Sea Ltd soared on the New…
Business
Shopee, Monee power Sea’s value to over US$100 billion; DBS only other Singapore company in that league
Its counter is up 64.1% in the year to date and has quadrupled since its low of US$34.82 at the start of 2024 Sea Ltd soared on the New…
Business
Japan starts anti-dumping probe into Chinese, South Korean steel goods
The decision follows an application in April by four firms, including Nippon Steel and Kobe Steel Japan will begin an anti-dumping probe…
Business
Pony AI nears full-year robotaxi target despite scaling hurdles
Robotaxi services revenue has climbed 158% to US$1.5 million in the second quarter from the same period in 2024 Pony AI said that it was…
Business
Electric vehicle sales growth eases to 21% in July: research firm
GLOBAL electric vehicle sales grew 21 per cent year-on-year in July, the slowest rate since January and down from 25 per cent in June, as…
Business
Gold firms as soft US data pressures dollar, fuels rate-cut bets
Gold prices inched higher on Wednesday (Aug 13), supported by a weaker US dollar after tame US inflation data cemented bets for an…
Business
Soup Restaurant to develop AI-driven kitchen solutions with Shanghai e-commerce player
Chinese restaurant chain Soup Holdings announced on Wednesday (Aug 13) that it has signed a memorandum of understanding for a joint…
Business
Veterinarian's Diagnostic Expertise Bolsters Global Food Security Amid Rising Agricultural Risks
In an era where infectious diseases in animals pose escalating threats to global agriculture, experts like Artem Vorobev stand at the…
Business
Japan’s bond market risks back in focus ahead of five-year sale
Japan will auction five-year government bonds on Wednesday (Aug 13) against the backdrop of renewed concerns over poor liquidity and…
Business
China’s US$11 trillion stock market is staging a quiet resurgence
Chinese stocks have gained ground in recent months despite a lack of major catalysts, with ample domestic liquidity likely to sustain the…
Business
Singtel Q1 profit soars 317.4% to S$2.9 billion on exceptional gains of S$2.2 billion
These came mainly from the sale of its partial stake in Airtel and the Intouch-Gulf Energy merger Singtel on Wednesday (Aug 13) posted a…
Business
Stocks to watch: Wilmar, CapitaLand Investment, City Developments, Yangzijiang Financial, Haw Par Corp
The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 13): Wilmar International: The…
Business
Stocks to watch: Singtel, Wilmar, CapitaLand Investment, City Developments, Yangzijiang Financial, Haw Par Corp
The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 13): Singtel: The group’s Q1…
Business
CDL H1 profit rises 3.9% to S$91.2 million; declares S$0.03 per share special dividend
Property developer City Developments Ltd (CDL) posted a 3.9 per cent year-on-year rise in first-half net profit to S$91.2 million on…