Business
Stocks to watch: Sats, Great Eastern, Wing Tai, Beng Kuang Marine, Capital World
The following companies saw new developments that may affect trading of their securities on Thursday (Aug 21): Sats: The airline caterer…
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Microsoft curbs early access for Chinese firms to notifications about cybersecurity flaws
Microsoft has curtailed Chinese companies’ access to advance notifications about cybersecurity vulnerabilities in its technology after…
Business
Singapore-focused listed companies are having their turn in the spotlight
The oft-heard complaint is that Singapore’s market is too small and, beyond the banks, no one can make much money from investing in it.…
Business
US banks cut back muni exposure to lowest since financial crisis
US banks are holding the smallest share of debt sold by states and localities since the financial crisis despite attractive valuations and…
Business
Calvin Klein Unveils New Global Flagship in Tokyo
Calvin Klein Inc., a subsidiary of PVH Corp., will open a new, sprawling Calvin Klein global flagship in Tokyo on Aug. 29. Located at…
Business
Fed minutes show majority of FOMC saw inflation as greater risk
Most US Federal Reserve officials highlighted the risk to inflation as outweighing concerns over the labour market at their meeting last…
News
One man arrested in Jerusalem over 'serious written threats' to A-G Gali Baharav-Miara
According to the police, a 36-year-old suspect was arrested and transferred for questioning in connection with a letter containing a…
Business
Europe: Stoxx 600 closes higher but gains limited by tech, defence
EUROPE’S Stoxx 600 closed higher on Wednesday boosted by consumer and healthcare stocks, while declines in tech and defence stocks limited…
Business
US: Wall Street mostly down as tech still under pressure
stocks closed mostly lower on Wednesday as the tech sector remained under pressure while investors kept an eye on retail earnings and…
Business
Trump and Melania’s Scammy Meme Coins Have Lost Almost All Value
You may recall that the president has a meme coin, $TRUMP. Days before his second inauguration, the president—who told Fox News in his…
Business
Target’s CEO Transition: The Wall Street View
Wall Street is of two minds regarding Target and its chief executive officer in-waiting. While not exactly applauding Target’s choice of…
Business
Hilton Als’s Essential James Baldwin
A hundred and one years after James Baldwin’s birth, the writer has become as much an icon as a public intellectual can be—a status that,…
Business
Who Is Sachia Vickery? US Open Star Rakes in Millions Selling Her Steamy Photos on OnlyFans and Charges $1,000 for Going on Dates
American tennis player Sachia Vickery is trying to qualify for the US Open this week, where the winner will take home an impressive $5…
Business
Global Stocks Turn Cautious as Nasdaq Slides, Nikkei Declines, and Fed Outlook Weighs on Markets
Global markets were mixed Wednesday. Stocks Big tech shares sank on Wall Street, dragging the Nasdaq and S&P 500 lower, even as the Dow…
News
Officials in Mexico investigate switch failure in tourist train derailment
MEXICO CITY (AP) — A car of the tourist-focused Maya Train that derailed in Mexico’s Yucatan Peninsula appears to have left the track…
Culture
The Redemption of Chance the Rapper
When Chance the Rapper declared “I met Kanye West, I’m never going to fail” on “Ultralight Beam,” the opener from West’s 2016 album, “The…
Business
Guess to go private in US$1.4 billion deal with Authentic Brands, co-founders and CEO
Guess said on Wednesday (Aug 20) it has agreed to be taken private by a group, including its co-founders, CEO and Reebok-owner Authentic…
Business
Beng Kuang expands into chemical cleaning in oil and gas industry
Beng Kuang Marine has formed a new business for specialised industrial chemical cleaning, the company said in a bourse filing on Wednesday…
Business
US: Wall St subdued at open on mixed retail earnings ahead of Fed meet
Wall Street’s main indexes were subdued at the open on Wednesday (Aug 20) as investors assessed uneven earnings from retailers such as…
Business
Children of Wing Tai chairman granted options to buy four River Green units for S$7.9 million
Neither of the two children were given discounts; sale reviewed by the board and audit and risk committee Wing Tai Holdings has granted…
Business
Sats grows Q1 profit 9.1% to S$70.9 million with higher cargo, food service volumes
AIRLINE caterer Sats grew its Q1 earnings 9.1 per cent to S$70.9 million for the first quarter ended June, boosted by growth in aviation…
News
Harjinder Singh: Indian Immigrant Trucker Who Killed Three in Florida Crash Failed English and Road Signs Test Despite Getting Licenses from 2 States
The Indian immigrant truck driver accused of killed three people in a crash in Florida while making an illegal U-turn on the highway —…
Business
Intel rescue will depend on Trump as investor — and pitchman
A US government plan to take a stake in Intel would give the ailing chipmaker a powerful backer, even if a bigger challenge still lies…
Business
Estee Lauder forecasts annual profit below estimates as tariffs hit
Estee’s organic net sales for the fourth quarter fell 13%, compared with an 8% rise a year ago Estee Lauder forecast annual profit below…