Business
US: Stocks edge down from records ahead of Fed decision
Wall Street stocks edged down from record highs on Tuesday following solid US retail sales data as markets hold their breath ahead of a…
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Business
Business
ICE’s Newest Facility Is a Disaster—and They’re Expanding It
An Immigration and Customs Enforcement report revealed that officials at Camp East Montana, the new detention facility at Fort Bliss, have…
Business
Scott Norris Joins Friar Tux as President
Scott Norris, who spent more than two decades at Men’s Wearhouse, has joined Friar Tux, a family-owned formalwear retailer, as president.…
Business
US: Wall Street opens higher on rate cut expectations
Wall Street’s main indexes opened higher on Tuesday (Sep 16) as investors priced in expected interest rate cuts from the Federal Reserve…
Business
European Shares Slip as Banks, Insurers Fall Ahead of Fed's Rate Decision
European shares fell slightly on Tuesday as cautious sentiment gripped markets ahead of the U.S. Federal Reserve's closely watched policy…
Business
EXCLUSIVE: OSEA Secures Investment from General Atlantic to Fuel Global Expansion
OSEA has a new investor. The seaweed-infused skin care brand has entered into a definitive agreement to receive a strategic growth…
Business
Musk answers Tesla’s pay proposal with US$1 billion stock buy
ELON Musk responded to an unprecedented pay proposal from Tesla’s board by buying about US$1 billion worth of shares, sending the stock…
Business
Indonesia weighs new central bank mandate; rupiah weakens
INDONESIAN lawmakers are weighing changes at the central bank that include a broader mandate and a lower bar for removing senior…
Business
STI closes flat on Tuesday as regional peers gain
Decliners outnumber advancers 278 to 256 in the broader market with 1.5 billion shares worth S$1.4 billion changing hands The Straits…
Business
China's Tencent aims to raise US$1 billion equivalent in dim sum bonds
Chinese gaming and social media leader Tencent Holdings is aiming to raise the equivalent of US$1 billion in a three-tranche offshore yuan…
Business
Nvidia’s new RTX6000D chip for China finds little favour with major firms: sources
[BEIJING/SHANGHAI] Nvidia’s RTX6000D, its newest artificial intelligence (AI) chip tailored for the Chinese market, has seen only lukewarm…
Business
Great Eastern jumps nearly 4% to highest price since trading resumption
Its shares were suspended in July 2024 after its free float fell under 10 per cent following a failed takeover bid by its parent OCBC The…
Business
Great Eastern up 2.7%, hits highest price since trading resumption during market hours
Its shares were suspended in July 2024 after its free float fell under 10% following a failed takeover bid by its parent OCBC Great…
Business
Australian pension funds to expand use of forex hedging as size grows
Australian pension funds will have to expand the use of foreign exchange hedging as the sector is likely to grow in size to become the…
Business
Metro soars 10% to near 2-year high on news of strategy revamp
Shares of department store retailer Metro advanced by 10 per cent on Tuesday (Sep 16), following news of its retail strategy revamp. The…
Business
Metro soars 11% to 2-year high on news of strategy revamp
Shares of department store retailer Metro advanced on Tuesday (Sep 16), following news of its retail strategy revamp. The counter closed…
Business
Metro soars 6% on news of strategy revamp
The stock hit a two-year high in intraday trade after a BT report on the retailer’s plans to launch new retail concepts Shares of…
Business
Japan's Nikkei hits record close for fourth day on chip gains ahead of Fed decision
Japan’s Nikkei share average closed at a record high for a fourth consecutive session on Tuesday (Sep 16), as investors scooped up…
Business
Serverless by Design: The Multi-Cloud Vision Transforming Retail Tech
Over 90% of the world's data has been generated in just the past two years. It is a statistic that sounds almost absurd, until you picture…
Business
Hong Kong equity deals boom as Chinese firms rush to market
The city’s benchmark Hang Seng Index is up more than 30% this year, despite a plunge in April that wiped out most of its earlier gains…
Business
Hesai jumps in Hong Kong debut after HK$4.2 billion listing
The company plans to use the proceeds to help lower the manufacturing costs of lidar systems Hesai Group, the world’s largest maker of…
Business
Asia: Markets rise as traders prepare for expected US rate cut
ASIAN stocks rose again on Tuesday to extend another record day on Wall Street as traders locked in bets on a US interest rate cut this…
Business
MMC Ports is said to begin meeting IPO investors this week
MMC Port Holdings is expected to start investor education for its planned initial public offering (IPO) as soon as this week, sources…
Business
Nvidia says complies with law after China antitrust finding
US CHIP giant Nvidia said on Tuesday it follows all laws after a Chinese investigation found it had breached antitrust rules, the latest…