Culture
Companies that spent billions on M&A are now selling for peanuts
COMPANIES that spent billions on poorly timed acquisitions in recent years are now offloading those assets at knockdown prices. Alibaba…
Kim Browne
As an editor at VanityFair Fashion, I specialize in exploring Lifestyle success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.
Culture
Analysts optimistic on Asian equity, bonds despite US Fed signalling fewer rate cuts
Bond investors will benefit from less volatility due to shifting rate expectations, they say ALTHOUGH the “hawkish” projection of interest…
Culture
Analysts optimistic on Asian equity, bonds even as US Fed signals fewer rate cuts
Bond investors will benefit from less volatility due to shifting rate expectations, they say ALTHOUGH the “hawkish” projection of interest…
Culture
Indonesian arm of Malaysia’s Mr DIY climbs on market debut
THE Indonesian arm of Malaysia-based home improvement retailer Mr DIY Group shook off a wobbly start to rise on its stock market debut on…
Culture
Hong Kong central bank cuts interest rate, tracking US Fed move
THE Hong Kong Monetary Authority (HKMA) on Thursday (Dec 19) cut its base interest rate charged via the overnight discount window by 25…
Culture
Malaysian Resources has exited high-speed rail bid, says partner Berjaya
MALAYSIAN Resources has withdrawn from a consortium that is bidding for a proposed multi-billion dollar high-speed rail (HSR) line between…
Culture
China banks raise mortgage rates for the first time since 2021
CHINESE banks raised new mortgage costs for the first time in three years, as narrowing margins are dragged down by a persistent property…
Culture
PBOC offers strongest yuan support since July after US dollar gains
CHINA ramped up support for the currency via its daily reference rate after US Federal Reserve’s caution over future interest rate cuts…
Culture
Gold at one-month low after US Fed flags slower rate cut pace next year
GOLD prices languished near a one-month low on Thursday (Dec 19) after the US Federal Reserve indicated it would slow the pace of its…
Culture
China’s LGFVs raise record dim sum debt as domestic curbs bite
CHINESE local government financing vehicles (LGFVs) are selling an unprecedented amount of offshore yuan bonds, skirting attempts made by…
Culture
STI continues losing streak, falls 0.4 per cent after US Fed signals fewer rate cuts
SINGAPORE shares fell at the end of trading on Thursday (Dec 19), with the Straits Times Index (STI) tracking Asian indices after the US…
Culture
Yeo Hiap Seng lays off 25 employees as Oatly shuts its Singapore plant
YEO Hiap Seng will be laying off 25 employees as a result of Oatly’s decision to cease its manufacturing operations in Singapore. On…
Culture
Merck snags Chinese obesity drug in nearly US$2 billion deal
MERCK snagged a potential drug in the burgeoning market for obesity medications in a deal worth as much as US$2 billion. Under the terms…
Culture
MicroStrategy’s Michael Saylor wants more ‘intelligent leverage’
MICROSTRATEGY co-founder and chairman Michael Saylor says the dot-com-era software maker turned leveraged Bitcoin proxy plans to focus…
Culture
Micron drops after sluggish PC, phone demand hurts forecast
MICRON Technology, the largest US maker of computer memory chips, tumbled in late trading after its revenue forecast missed projections by…
Culture
Bitcoin retreats from record high after US Fed cools risk appetite
BITCOIN fell for the first time in four days with speculative bets being pared across financial markets after US Federal Reserve officials…
News
Republican Rep. Kicks Off New Speaker Drama Over Spending Bill
It looks like House Speaker Mike Johnson might be at risk of losing his job. Republican Representative Thomas Massie said Wednesday that…
News
Conservatives Introduce Radical DOGE Act in Battle Over Spending Bill
With a Friday deadline to fund the government looming and Republican lawmakers at loggerheads over House Speaker Mike Johnson’s proposed…
Culture
Singapore healthcare players narrow focus, expand overseas in medical tourism race
Foreign patients are moving towards cheaper hubs such as Malaysia and Thailand, forcing the city-state’s healthcare providers to focus on…
News
Elon Musk Is Bullying Mike Johnson to Drive Government Into Shutdown
“In my single days, I often sent funds to women I dated—even some I never dated but who asked. I dated several of these women for years. I…
News
In Massive Twist, Trump’s Georgia Case Might Not Be Dead Yet
Donald Trump’s forthcoming presidency might not hinder the proceedings surrounding his Georgia election interference charges, according to…
News
Supreme Court Takes Case That Could Gut Access to Planned Parenthood
“In my single days, I often sent funds to women I dated—even some I never dated but who asked. I dated several of these women for years. I…
News
Supreme Court Agrees to Hear TikTok Case—Setting Up Final Showdown
“In my single days, I often sent funds to women I dated—even some I never dated but who asked. I dated several of these women for years. I…
News
The Real Reason ABC Caved to Trump
Disney, which owns ABC News, agreed to pay a $16 million settlement to Donald Trump to avoid a messy lawsuit that the company believed…