Culture
US: Wall Street ends higher amid mixed earnings, Trump-Xi meeting confirmed
[NEW YORK] Wall Street advanced on Thursday as investors mulled a mixed batch of corporate earnings and shifting geopolitical concerns.All three major US stock indexes closed higher, with tech...
Oil surges 5% after US sanctions Russian firms Rosneft, Lukoil
[NEW YORK] Oil prices surged around 5 per cent to a two-week high on Thursday after the US imposed sanctions on major Russian suppliers Rosneft and Lukoil over Moscow’s war in...
Europe: Stoxx 600 closes at record high on energy boost, earnings in focus
THE Stoxx 600 index closed at a record high on Thursday, led by gains in energy stocks after the US imposed new sanctions on Russia, while investors also gauged...
US bank reserves fall second week, extend drop below US$3 trillion
The drop comes as the Treasury has ramped up debt issuance to rebuild its cash balance following the increase in the debt ceiling in July[NEW YORK] The US banking...
Nokia CEO Hotard compares AI surge to 1990s internet boom, but plays down bubble fears
Hotard’s remarks come amid growing debate over whether the surge in AI investment is sustainable[ESPOO, Finland] Nokia’s CEO Justin Hotard said artificial intelligence is driving a long-term growth trend...
Indonesia launches 6 billion yuan dim sum bond, to be listed on SGX
The bond offers yields of 2.5% on five-year notes and 2.9% on the 10-year tranche[SINGAPORE] Indonesia has launched its debut offshore renminbi-denominated, or dim sum, bond, raising six billion...
Brand Building: The Foundation of Marketing Success
When we decided to partner Hawke Media with STS, we recognized an untapped opportunity in the brand development space. Great marketing isn’t just about clever campaigns or strategic advertising—it...
Rivian to cut 600 jobs as loss of EV tax credit hits demand: source
[IRVINE, California] Rivian Automotive will lay off employees as the electric-vehicle maker contends with weakening demand following the expiry of key US tax credits that had supported sales, a...
Standard Chartered issues payment demand to mm2 Asia units over S$905,000 debt
[SINGAPORE] Standard Chartered has issued letters of demand to two associated companies of entertainment group mm2 Asia, seeking repayment of S$905,582.87 by Thursday (Oct 23).The letters, dated Oct 16,...
US: Wall Street opens flat as Tesla, IBM results underwhelm
[NEW YORK] Wall Street opened flat on Thursday (Oct 23) as lacklustre earnings from Tesla and IBM dampened investor mood, while brewing trade tensions between the US and China...
