Business
Oil holds steady at multi-week high as Russia limits fuel exports, US GDP revised up
Oil prices steadied on Thursday after hitting a seven-week high in the previous session as Russia moved to restrict fuel exports until the…
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Business
Business
US: Wall Street indexes fall as data raises uncertainty for rate-cut outlook
US stocks were lower on Thursday, with most sectors down, as economic data increased uncertainty about the outlook for interest rate cuts.…
Business
Europe: Shares touch three-week low as med-tech hit by US import probes
EUROPEAN stocks were dragged down by med-tech shares on Thursday after the US launched fresh import probes, while investors sifted through…
Business
Spotify says it removed millions of 'spammy' AI-generated music tracks
Spotify has removed more than 75 million AI-generated “spammy” music tracks from its platform over the past 12 months, the company said…
Business
Amazon to pay $2.5 billion to settle allegations it duped people into subscribing to Prime
Amazon has agreed to pay $2.5 billion to settle accusations that the e-commerce giant tricked millions of customers into subscribing to…
Business
Billionaire Xiaomi founder Lei Jun debuts a US$630 answer to iPhone 17
Lei challenges Apple directly, shifting Xiaomi’s branding and timing to rival the US company’s best Xiaomi’s billionaire co-founder…
Business
Who is the CEO of the Security Platform Drata?
There are so many businesses out there. Each one has a role to play in the business industry. One such niche is security. This is a vital…
Business
US: Wall Street opens lower as investors reassess rate-cut hopes
Wall Street’s main indexes opened lower on Thursday (Sep 25), as fresh economic data and remarks from a Federal Reserve official tempered…
Business
Bosch to cut 13,000 jobs to bring down costs in tough autos market
Germany’s Robert Bosch will cut 13,000 jobs as the world’s top autos supplier battles a sluggish market, high costs and pressure from…
Business
Influencers say the ‘not financial advice’ disclaimer is insufficient, as MAS issues warnings to five content creators
But they say MAS guidelines will make them more careful about the clients they choose to work with Getting your financial education from…
Business
Influencers agree the ‘not financial advice’ disclaimer is insufficient, as MAS issues warnings to five content creators
But they say MAS guidelines will make them more careful about the clients they choose to work with Getting your financial education from…
Business
China opens digital yuan hub in Shanghai to boost global use
The hub will support digital finance trade, investment, innovation, and strengthen the country’s overseas financial links China’s central…
Business
Starbucks to close stores, cut 900 jobs in US$1 billion restructuring
The company says its overall store count will drop by 1% during the 2025 fiscal year Starbucks said it will close stores and eliminate 900…
Business
European banks to launch euro stablecoin in bid to counter US dominance
The new Amsterdam-based company is expected to launch its stablecoin in the second half of next year A consortium of nine European banks,…
Business
SingPost appoints Mark Chong as group chief executive officer
Currently group chief corporate officer at Singtel, Chong will begin his new role in November Singapore Post (SingPost) has appointed Mark…
Business
A Children’s Book That Actually Feels Like Childhood
One of the perks of parenthood, it is often said, is to relive the joys of one’s youth, to share with your child everything you once…
Business
What Pan-Africanism Can Teach Us Now
French, a longtime journalist and author, most recently, of Born in Blackness, a crucial text that reaffirmed the important role…
Business
Singapore stocks track regional declines on Thursday; STI down 0.4%
Across the broader market, losers beat gainers 280 to 264, as 1.8 billion securities worth S$1.5 billion change hands Local shares ended…
Business
China’s mining giant Zijin tops US$100 billion in value to near BHP, Rio Tinto
China’s Zijin Mining Group is worth more than US$100 billion at the market close for the first time, after a decade-long growth push…
Business
Japan's Nikkei marks record close for 3rd session
Japan’s Nikkei share average marked a record high close for a third session on Thursday (Sep 25), as investors scooped up cheap shares,…
Business
Swiss National Bank keeps interest rate at zero, warns of tariff impact
The Swiss National Bank (SNB) held its key interest rate at zero on Thursday (Sep 25), the lowest among major central banks, as it warned…
Business
Centurion Accommodation Reit opens 1.1% above IPO price on SGX debut
Units of Centurion Accommodation Real Estate Investment Trust (Reit) rose 1.1 per cent on Thursday (Sep 25) as it made its debut on the…
Business
China central bank unveils steps to boost yuan bond market in Hong Kong
China’s central bank will roll out further measures to support the development of Chinese yuan bonds in Hong Kong and accelerate global…
Business
BYD outsells Tesla in EU for second month, Stellantis returns to sales growth
CHINESE EV maker BYD sold three times as many new cars in the European Union last month than in August 2024, surpassing US competitor…