Fashion
US: Wall Street opens higher on rate cut expectations
[NEW YORK] Wall Street’s main indexes opened higher on Tuesday (Sep 16) as investors priced in expected interest rate cuts from the Federal Reserve on Wednesday, while digesting stronger-than-expected...
China’s Tencent aims to raise US$1 billion equivalent in dim sum bonds
[SYDNEY] Chinese gaming and social media leader Tencent Holdings is aiming to raise the equivalent of US$1 billion in a three-tranche offshore yuan bond deal, according to two sources...
Trump seems to claim TikTok deal ahead of Wednesday deadline
President Trump, who years ago led the charge to ban TikTok from the U.S., seemed to claim credit for saving it in a move he said should delight young...
Trump says companies should report earnings every six months
[WASHINGTON] President Donald Trump said companies should not be forced to deliver earnings reports on a quarterly basis, saying he preferred a six-month schedule he cast as saving businesses...
STI edges down 0.1% on Monday, bucking regional trend
Across the broader market, advancers outnumber decliners 319 to 240 after 1.7 billion shares worth S$1.4 billion change hands[SINGAPORE] The Straits Times Index (STI) inched lower on Monday (Aug...
SGX CEO Loh Boon Chye’s pay rises 3.3% to S$7.82 million in FY2025
The pay hike is driven by increases to cash bonuses and long-term incentives that he received for the financial year[SINGAPORE] Singapore Exchange (SGX) chief executive officer Loh Boon Chye...
Yuan’s gradual advance may offer boost to emerging currencies
CHINA’S new-found tolerance for steady yuan appreciation looks set to re-accelerate a rally in emerging-market (EM) currencies, as investors brace themselves for lower US interest rates.Supporting such expectations is...
SingPost launches new retail postal service to US in response to import rule changes
The service offers two flat-rate packaging options, with upfront calculation of duties and taxes[SINGAPORE] Singapore Post (SingPost) will from Monday (Sep 15) launch a new postal service to the...
Blockchain billionaire emerges from Figure’s post-IPO surge
[NEW YORK] It took him a few tries, but Mike Cagney is now a billionaire.Shares of blockchain-based lender Figure Technology Solutions have soared almost 40 per cent since Thursday’s...
Ticket reseller StubHub’s IPO 20 times oversubscribed, source says
[BENGALURU] Ticket reseller StubHub, which delayed its US listing in April amid market volatility, has drawn over 20 times as many orders for its planned initial public offering (IPO)...
