Culture
Japan signals chance of currency intervention, yen rises
The currency is down around 6% since Prime Minister Sanae Takaichi was elected leader of her party[TOKYO] Japan sees currency intervention as a possibility in dealing with excessively volatile...
Paramount, Comcast and Netflix submit bids for Warner Bros Discovery: source
The bids represent the first step in the possible sale of all or part of the century-old Hollywood studio[LOS ANGELES] Warner Bros Discovery has received preliminary bids for the...
US lawmakers target Chinese chipmaking equipment imports by Chips Act grant recipients
The bill targets a range of chipmaking tools from complex lithography equipment to machines that slice and dice the silicon wafers on which chips are printed[PHOENIX] A bipartisan group...
US Fed fractures deepen as Barr signals inflation concern
Investors now see about a 40% probability of a rate cut at the December meeting, according to pricing in futures contracts [WASHINGTON] Add one more to the number of...
Generosity Beats Transactions In Building Community
Community isn’t built on scorecards. It’s built on showing up. My take is simple: give without keeping tabs, and you’ll create a network that lasts. I’ve seen the stop-and-go...
Repositioning of IReit Global’s Berlin asset to have ‘significant impact’ on DPU
[SINGAPORE] The absence of property income as a result of the repositioning of IReit Global’s office asset in Berlin is expected to have a “significant impact” on the real...
HSBC overhauls trading business in bid to become debt powerhouse
The firm will merge Group-of-10 rates trading unit with FX, EM rates and commodities desks into a new global macro division[LONDON] HSBC Holdings is restructuring its trading division as...
US: Wall Street opens sharply higher after Nvidia earnings, jobs data
[NEW YORK] Wall Street’s main indexes jumped at the open on Thursday (Nov 20) as technology stocks received a boost after Nvidia’s stellar results quelled some concerns around an...
Walmart jumps to Nasdaq in biggest exchange transfer on record
[NEW YORK] Walmart, the world’s biggest retailer, said it will move its stock listing to the Nasdaq, marking the largest defection in the New York Stock Exchange’s history.The Bentonville,...
Forget Musk’s latest pay package, his last one could wipe out years of Tesla profits
Tesla faces potential US$26 billion profit hit if it loses its appeal over Musk’s pay ruling[LOS ANGELES] Tesla’s gaudy US$1 trillion executive-compensation package for CEO Elon Musk has obscured...
