Japan’s inflation hovers well above BOJ’s goal even as it slows

Japan’s inflation hovers well above BOJ’s goal even as it slows

THE pace of Japan’s consumer inflation stayed well above the Bank of Japan’s target even as price growth moderated, supporting market speculation that the central bank will hike its benchmark interest rate again this year.  Consumer prices excluding fresh food rose 3.1 per cent from a year earlier in July, slowing from a 3.3 per…

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RHOBH’s Denise Richards Breaks Silence on “Difficult” Aaron Phypers Divorce

RHOBH’s Denise Richards Breaks Silence on “Difficult” Aaron Phypers Divorce

Denise Richards Accuses Aaron Phypers of Physical Abuse, Granted Restraining Order Amid Split Denise Richards is done glossing over her personal drama. The Real Housewives of Beverly Hills alum broke her silence on her divorce from estranged husband Aaron Phypers—who filed to end the marriage in July—telling her social media followers she couldn’t continue “posting on Instagram like…

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Stocks to watch: SingPost, Thomson Medical, TalkMed, LHN, Dezign Format

Stocks to watch: SingPost, Thomson Medical, TalkMed, LHN, Dezign Format

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Aug 22): Singapore Post (SingPost): The postal service provider’s operating profit for the first quarter ended June came in at S$3.4 million, a 60 per cent year-on-year drop from S$8.4 million. The decrease comes on the back of increased…

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UK government takes over another steelmaker as industry suffers

UK government takes over another steelmaker as industry suffers

Published Fri, Aug 22, 2025 · 06:54 AM THE UK government said on Thursday that it would take temporary ownership of the country’s third-largest steelmaker, putting its 1,450 jobs at risk. The nationalisation of Speciality Steel comes four months after the government rescued Chinese-owned British Steel, to avert the shutdown of the country’s last factory…

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Europe: Shares steady with Fed’s summit in focus; US-EU lock in trade deal

Europe: Shares steady with Fed’s summit in focus; US-EU lock in trade deal

EUROPEAN equities were subdued on Thursday as investors awaited updates from the Federal Reserve’s Jackson Hole symposium, while the United States and European Union locked in a framework trade deal reached last month. The pan-European Stoxx 600 index closed flat at 559.07, while major bourses were mixed. The EU said it would strive to ensure lower US tariffs…

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TikToker Malik Taylor Dead at 28

TikToker Malik Taylor Dead at 28

TikTok is mourning the loss of one of its brightest stars. Malik Taylor, also known for his Unpopular Party YouTube channel, has died at the age of 28.  “It is with heavy hearts that we share our beloved Brother, Malik Taylor, has gone to ‘Audit Eternal,’” a statement shared on Instagram Aug. 20 by his…

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Changi Travel Services cuts 30 staff amid market shifts

Changi Travel Services cuts 30 staff amid market shifts

[SINGAPORE] Changi Travel Services (CTS) is laying off 30 staff as part of an ongoing restructuring process to tackle changing market conditions, it said on Thursday (Aug 21). Affected staff will receive a severance package of four weeks for every year of employment, with no minimum service period. A company spokesperson said: “The decision was…

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Singapore, Hong Kong want a slice of the US$250 billion stablecoin pie

[SINGAPORE] Regional financial centres Singapore and Hong Kong are both aiming to capture a piece of the US$250 billion stablecoin market. On Aug 1, Hong Kong launched a regulatory regime for stablecoin issuers. Some industry watchers noted that the territory might be positioning itself as a regulated gateway into mainland China. Singapore, on the other…

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Swiss banker bonus cap proposal watered down in parliament

Swiss banker bonus cap proposal watered down in parliament

[ZURICH] Swiss lawmakers have watered down a proposal that would have installed a fixed upper limit on compensation at the country’s biggest banks including UBS Group. In March, the upper house of parliament voted in favour of the Bill to cap salaries of top executives at Swiss banks at between 3 million francs (S$4.8 million)…

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