Fashion

US sale of euros for yen intervention blindsided Europe: report
Some ECB officials viewed the US using euros, instead of US dollars, as an unprecedented breach of longstanding conventionsPublished Fri, Aug 7, 2026 · 11:50 AMTHE US blindsided the...
Yen surrenders nearly half its gains from US-Japan intervention; traders speculate on fresh action
Pullback underscores the limits of intervention in reversing the yen’s longer-term declinePublished Fri, Aug 7, 2026 · 10:39 AMTHE YEN is heading into the end of the week having...
UOB dips 2.2% while OCBC rises 2% after Q2 earnings releases
UOB’s net profit climbs 10% to S$1.48 billion; OCBC’s is up 22% at S$2.22 billion[SINGAPORE] Shares of local banks UOB and OCBC diverged post-Q2 earnings release, with UOB declining...
OCBC shares close 3.3% up after hitting all-time high on Q2 earnings; UOB down 2.7%
UOB’s net profit climbs 10% to S$1.48 billion; OCBC’s is up 22% at S$2.22 billion[SINGAPORE] Shares of UOB and OCBC diverged after the local banks’ second-quarter earnings release. UOB...
Gold steady as traders assess impact of Hormuz flare-up on rates
Bullion trades around US$4,245 an ounce, after ending the previous session down 0.2%Published Fri, Aug 7, 2026 · 08:41 AM — Updated Fri, Aug 7, 2026 · 08:58 AM[SINGAPORE]...
Gold heads for best week since January, US jobs data in focus
Published Fri, Aug 7, 2026 · 08:41 AM — Updated Fri, Aug 7, 2026 · 03:08 PM[BENGALURU] Gold rose more than 1 per cent on Friday (Aug 7) and...
Over 600 companies likely to be culled in Topix’s biggest overhaul: analysts
There has been long-standing investor criticism that the Japanese benchmark includes too many small and illiquid stocksPublished Fri, Aug 7, 2026 · 08:25 AMJAPAN’S Topix stock index is poised...
Alphabet raises US$25 billion from sought-after bond sale
The offering draws roughly US$115 billion of peak demand, according to people with knowledge of the matterPublished Fri, Aug 7, 2026 · 06:45 AM[NEW YORK] Alphabet sold US$25 billion...
European shares extend run of record highs on earnings, US-Iran optimism
Published Fri, Aug 7, 2026 · 05:54 AMEUROPEAN shares closed at a record high for a third straight session on Thursday (Aug 6) as investors assessed prospects for a US-Iran...
Scientists Discover New Ice Age Toad Species Hidden in La Brea Tar Pits
A previously unknown species of Ice Age spadefoot toad has been identified from fossils excavated at California's famous La Brea Tar Pits, making it only the second extinct Ice...
DeepSeek invests US$20.8 million in Unitree’s Shanghai IPO
The companies say they will combine DeepSeek’s expertise in AI models with Unitree’s work in mechanical engineeringPublished Thu, Aug 6, 2026 · 10:35 PM[BEIJING] Chinese artificial intelligence startup DeepSeek...
Yangzijiang Shipbuilding H1 net profit rises 28.4% to US$800 million on higher-margin vessels
[SINGAPORE] Yangzijiang Shipbuilding posted a 28.4 per cent rise in net profit to 5.4 billion yuan (US$800 million) for its first half-year ended Jun 30, 2026, from 4.2 billion...