Entrepreneurship
Airbus needs to deliver 300 more aircraft to hit annual goal
Single-aisle jets are the most important product for both the European planemaker and rival Boeing, making up the bulk of their commercial business[NEW YORK] Airbus delivered 73 aircraft in...
US: S&P 500, Nasdaq end higher as tech strength outweighs Fed concerns
[NEW YORK]Technology shares boosted US stocks to a higher close on Wednesday (Oct 8) as investors, lacking economic data during the government shutdown, looked to minutes from the US...
Building Wealth Through Smart Lifestyle Decisions
Wealth often feels tied to income, investments, or a business’s performance. But financial security doesn’t grow only from spreadsheets and market bets. Daily choices about where to live, what...
Euro, yen slide for third straight day versus US dollar
[LONDON] The euro and the yen were headed for a third straight daily loss against the US dollar, pressured by political turmoil in France and expectations of increased fiscal...
Singapore stocks track regional decline; STI down 0.4%
Across the broader market, advancers outnumber decliners 310 to 276, after 1.7 billion securities worth S$1.3 billion change hands[SINGAPORE] Local shares ended Wednesday (Oct 8) lower, tracking a broader...
Thai central bank unexpectedly holds rates; trims growth forecast
The forecast for headline inflation this year is cut to zero, from 0.5 per cent previously[BANGKOK] Thailand’s central bank left its key interest rate steady on Wednesday, surprising markets...
Temasek-backed Foundation Healthcare mulls US$300 million Singapore IPO: sources
[SINGAPORE] Foundation Healthcare, backed by Temasek Holdings, is considering an initial public offering (IPO) that could value the medical group at more than US$1 billion, according to people with...
SoftBank to buy ABB’s robotics business in US$5.4 billion deal
[TOKYO] SoftBank Group said on Wednesday (Oct 8) it has agreed to buy the robotics business of Swiss engineering group ABB in a US$5.4 billion deal.The deal marks a...
Crypto race to tokenise stocks raises investor protection flags
The industry is divided over which regulations apply to stock tokens, and investor rights and protections vary[NEW YORK/PARIS] A race by crypto companies to sell tokens pegged to stocks...
Australia launches A$600 million rescue of Glencore copper smelter
Globally, copper smelters face challenges from a shortage of concentrate and overcapacity in China[MELBOURNE] Australia announced a A$600 million (S$510 million) bailout over three years for Glencore’s Mount Isa...
