Business
Fitch Ratings says Fed independence is key factor for US sovereign rating
Fitch Ratings said on Monday it views the Federal Reserve’s independence as a key supporting factor for its AA+ US sovereign rating. The…
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Business
Abercrombie & Fitch Shares Take a Hit Despite Positive Outlook
Fran Horowitz, the chief executive officer of Abercrombie & Fitch Co., received a warm reception from the crowd at the NRF Big Show on…
Business
Meta plans to cut 10% of jobs at company’s Reality Labs division
Meta Platforms plans to cut 10 per cent of jobs in the company’s Reality Labs division, part of a broader strategy to shift money away…
Business
European shares end choppy session at record high
EUROPEAN shares ended Monday’s session at a record high, although gains were small as the US government’s threat to indict Federal Reserve…
Business
US stocks: Wall Street indexes finish higher with tech, Walmart
The S&P 500 and Dow registered record closing highs on Monday, with shares of technology companies and retailer Walmart gaining and as…
Business
Specialty Retail Holiday Results Get Mixed Reaction on Wall Street
As the overall holiday picture crystalizes — with OK, but not outsized sales gains — more specialty retailers are weighing in with their…
Business
What Emotionally Mature Founders Do When Everything Feels Uncertain
There is a specific kind of uncertainty that only founders experience. Not the hypothetical kind, but the lived version where the runway…
Business
QXO secures US$1.8 billion financing led by Temasek, Apollo amid building products consolidation
[GREENWICH, Connecticut] Billionaire Brad Jacobs’ QXO said it has secured an additional US$1.8 billion in financing, led by Singapore’s…
Business
Goldman, JPMorgan and UBS lead Golden Goose’s buyout debt
Temasek Holdings will take a minority stake in the Italian high-end sneaker producer Goldman Sachs, Group JPMorgan Chase and UBS Group are…
Business
Balaji Salem Balasundram Unlocks Enterprise Agility Through AI-Driven Cloud Mastery
"Generative AI is only meaningful for enterprises when it turns cloud infrastructure into a living system that learns from every incident…
Business
Wall Street falls at open on worries over Fed autonomy
Wall Street’s main indexes opened lower on Monday (Jan 12) after the Trump administration renewed its attacks on the Federal Reserve,…
Business
StanChart is preparing crypto expansion with prime brokerage
It will house the new business within its wholly owned venture capital unit, SC Ventures Standard Chartered plans to set up a prime…
Business
Volkswagen drops to third in China sales as fast-growing Geely Auto pips it
Legacy foreign carmakers such as Volkswagen have ceded share to Chinese rivals due to a slower shift to EVs Volkswagen was overtaken by…
Business
JPMorgan forecasts 2027 Fed hike; Barclays, Goldman postpone rate cut calls
Data suggests the labour market is holding, aiding belief that the Fed will leave borrowing costs unchanged at its January meeting…
Business
Not another dotcom bubble: DBS CIO doubles down on AI, healthcare
Hou Wey Fook is confident that AI-related optimism is based on sound fundamentals The so-called “artificial intelligence (AI) bubble”,…
Business
Singapore Exchange proposes bond futures for India, South-east Asia
THE Singapore Exchange (SGX) held multiple calls with treasury officials from global banks about introducing futures tied to some Asian…
Business
The Saddest Part of This Recent Economic Lunacy | National Review
The president has offered four ideas in the past week that are all a huge problem — for the people these ideas are supposed to be helping.…
Business
How to Recover from Caring Too Much
In Clayton’s and Josephson’s hands, though, the fawn response becomes something more pliable, less a sign of acute threat than a broadly…
Business
British Land CEO Carter set to leave to lead GIC-backed P3 Logistics
British Land CEO Simon Carter plans to step down this year to join European logistics developer P3 Logistics Parks, the real estate group…
Business
Thomson Medical appoints Tong Kooi Ong as board chairman
Mainboard-listed Thomson Medical Group has appointed Malaysian businessman Tong Kooi Ong as its independent, non-executive chairman to its…
Business
Singapore stocks rise as US Fed probe revives ‘Sell America’ trade; STI up 0.5%
Singapore shares climbed on Monday (Jan 12), as Asian markets gained on a rise in “Sell America” sentiment after the Trump administration…
Business
Reliance halts cell-making plans after failed bid for China tech
Its struggles show that companies asked to make India carbon-zero by 2070 cannot progress without better bilateral ties with Beijing…
Business
Beijing looms large over Singapore-based Manus’ deal with Meta
The swift scrutiny shows fears Manus’ sale could spur more tech stars to follow the same path It took just 10 days for Meta’s acquisition…
Business
Heineken’s Van den Brink to step down as CEO
Dutch brewer Heineken said on Monday (Jan 12) its chief executive officer (CEO) Dolf van den Brink will step down on May 31, after nearly…