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Wall Street opens higher as inflation eases; forecast boosts Micron
[NEW YORK] Wall Street’s main indexes opened higher on Thursday (Dec 18) after softer-than-expected inflation data boosted expectations for more interest rate cuts by the Federal Reserve, while chipmaker...
ECB holds rates with growth firmer and inflation near target
Policymakers give no guidance on next steps, saying decisions will be made meeting by meeting on data[FRANKFURT] The European Central Bank (ECB) left interest rates unchanged for a fourth...
UBS plans January job cuts to kick off final year of integration
[ZURICH] UBS Group is set to begin its latest wave of job cuts in mid-January, according to people familiar with the matter. That step will be followed by another...
Trump Media, fusion power firm TAE Technologies combine in US$6 billion deal
Under the deal, shareholders of both companies will own about 50% of the combined entity [NEW YORK] US President Donald Trump’s social media firm is entering the fusion-power business...
IndiGo faces India antitrust scrutiny after mass flight cancellations
Disruptions highlight risks of the 90% IndiGo-Air India duopoly in India’s air market[NEW DELHI] India’s competition regulator said on Thursday (Dec 18) it was reviewing allegations of antitrust violations...
Bank of England lowers rates after tight vote but signals caution about further cuts
Five MPC members vote to lower the benchmark rate for the fourth time in 2025 to 3.75%[LONDON] The Bank of England (BOE) cut interest rates on Thursday (Dec 18)...
China solar industry’s losses narrowing on overcapacity push, association says
[BEIJING] Losses in China’s slumping solar sector narrowed in the third quarter, data presented by an industry group official revealed, as the government’s war on industrial overcapacity targeted manufacturers.The...
Why fintech firm Bilt is funding its own original series ‘Roomies’
At the Angelika Film Center in New York earlier this month, 115 people gathered around the theater’s big screen. But it wasn’t to watch a Hollywood film. They came...
Singapore: 26-Year-Old Man Fined Over Social Media Vape Posts, Possession of E-Vaporisers
A 26-year-old man has been fined a total of S$14,000 for promoting e-vaporisers on social media and possessing the banned products, marking the first prosecution of its kind in...
Singapore: 4, Including 3 Foreign Nationals, Arrested in Jurong West for Overstaying-Related Offences; ICA Investigations Ongoing
Four people were arrested in Jurong West on Tuesday, December 16, following an enforcement operation targeting immigration offences, the authorities said.In a Facebook post on Thursday, December 18, the...
Singapore: Heavy Traffic Expected at Woodlands, Tuas Checkpoints Amid Festive Holiday Travel
Travellers heading to Malaysia during the December holiday period should be prepared for longer waiting times at Singapore's land checkpoints, as authorities continue stepped-up enforcement checks.In a statement on...
