Business
New US Fed governor Miran says interest rates should be around ‘mid-2%’
THE US Fed governor newly appointed by President Donald Trump argued on Monday for significantly lower interest rates, signaling that…
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Business
Business
Fed funds rate seen edging higher within range as costs rise
The effective federal funds rate, which has held near the bottom of the US Federal Reserve’s target range for its benchmark over the past…
Business
US: Tech giants help lift stocks to fresh records
Gains by tech giants Nvidia, Apple and Oracle helped propel US equity indices to fresh records Monday, overcoming early weakness and…
Business
Oracle names insiders Clay Magouyrk, Mike Sicilia as co-CEOs in surprise move
The promotion of the two executives underscores the tech industry and Wall Street’s focus on cloud computing strategy [AUSTIN, Texas]…
Business
Nvidia to invest US$100 billion in OpenAI
The partnership comes as competition intensifies among technology giants and startups to secure access to energy and chips needed for AI…
Business
Erika Kirk Recalls Moment She Saw Husband Charlie Kirk's Body and Shares Little 'Secret' That Strengthened Her Marriage
Erika Kirk, the grieving widow of Charlie Kirk, recounted the painful moment she saw her husband's body in the hospital after his…
Business
Netflix signs co-marketing deal with AB InBev to promote TV shows and beer
NETFLIX and Anheuser-Busch InBev have signed a global co-marketing deal to promote the streaming platform’s most-watched titles and the…
Business
Gold scales record high as markets brace for further rate cuts
GOLD surged to a record high on Monday (Sep 22), buoyed by investors’ heightened expectations of a dovish rate-cut path, ahead of remarks…
Business
AliExpress tries to draw brands on Amazon: sources
Alibaba Group Holding is trying to attract established brand names on Amazon.com to its global e-commerce site AliExpress, stepping up…
Business
Singapore stocks slip on Monday as US futures fall; STI down 0.1%
Decliners outnumber advancers 315 to 233 after 1.9 billion shares worth S$1.6 billion change hands Local stocks inched down on Monday (Sep…
Business
Mapletree Investments offloads Melbourne office building for over A$90 million, at steep discount
The price tag is almost 38% lower than its original purchase price of A$145 million in 2017 Temasek-owned real estate group Mapletree…
Business
Singtel faces another Optus crisis after fatal outage linked to three deaths in Australia
Singtel faces a fresh crisis at its Australian division Optus after the government started an investigation into an emergency call outage…
Business
HSBC’s Roberts says the bank’s future in Asia, Middle East
The future of HSBC Holdings is in Asia and the Middle East because of the amount of wealth and the capital flows between the two regions,…
Business
Amazon introduces Whole Foods 365 line to Singapore in brand test
Amazon.com’s Whole Foods Market is taking its house brands to Singapore, a test of how the private-label goods will fare in a market where…
Business
China’s central bank revives liquidity tool before long holiday
CHINA’S central bank has dusted off a liquidity instrument it last used eight months ago, part of a move to flood the banking system with…
Business
Tariffs spark caution but no financing rush this time round: Citi’s Damien Tan
‘The key difference is that during the Covid-19 pandemic, there were a lot of demands for funding, bolstering of balance sheets, and…
Business
New SGX indices: how they compare to the STI and what the 50 stocks are
The Singapore Exchange (SGX) has launched two new indices – the iEdge Singapore Next 50 Index and the iEdge Singapore Next 50 Liquidity…
Business
New SGX indices: how they compare to the STI and what their 50 constituents are
The Singapore Exchange (SGX) has launched two new indices – the iEdge Singapore Next 50 Index and the iEdge Singapore Next 50 Liquidity…
Business
Chery Automobile said set to price Hong Kong IPO at high end of range
Chery Automobile is set to price its Hong Kong initial public offering (IPO) at the high end of a marketed range after strong demand for…
Business
Chery Automobile set to price Hong Kong IPO at higher end of range
Chery Automobile is set to price its Hong Kong initial public offering (IPO) at the high end of a marketed range after strong demand for…
Business
Warren Buffett’s Berkshire Hathaway exits China’s BYD, filing shows
Warren Buffett’s Berkshire Hathaway has fully exited Chinese automaker BYD, a filing showed, ending a 17-year investment that grew over…
Business
Nissan revamps ProPilot to rival Tesla driver-assist technology
Nissan Motor is on a mission under new chief executive officer Ivan Espinosa to rebuild its business. Refreshing its lineup is a key part…
Business
Copper holds gain as production halt at Indonesia mine persists
The latest report signals there may be a prolonged suspension at the mine that could quickly tighten the market Copper held gains from the…
Business
Asia: Markets mixed as traders take stock after Fed-fuelled rally
ASIAN markets fluctuated between gains and losses Monday as investors took a step back after last week’s rally fuelled by the Federal…