Culture

US: Wall St posts tame gains at open
Published Wed, Sep 24, 2025 · 09:46 PM — Updated Wed, Sep 24, 2025 · 09:54 PM[NEW YORK] Wall Street’s main indexes opened modestly higher on Wednesday (Sep 24)...
Financial firms to feel outsized impact from Trump’s H-1B overhaul
[NEW YORK] The Trump administration’s overhaul of the H-1B system could have an outsized impact on the finance industry, which could face hiring challenges following the imposition of the...
As Fed and regional rates fall, Asia’s banks remain attractive yield plays: analysts
Loan growth and risk levels will impact capital availability for dividends in Asean[SINGAPORE] Even as the US Federal Reserve and central banks across Asia begin to cut policy rates,...
Disruptions drag on at Berlin airport after cyberattack
[BERLIN] Berlin airport is battling to restore its check-in and baggage handling systems after a cyberattack at the weekend, with further delays and cancellations possible on Wednesday (Sep 24),...
UBS boosts payouts for US wealth advisers amid intense hiring battle
The move comes after UBS lost several high-profile US wealth adviser teams to rivals or independence[NEW YORK] UBS Group is raising the payouts earned by its wealth advisers in...
Alibaba launches Qwen3-Max AI model with more than one trillion parameters
The company has announced plans to invest 380 billion yuan in artificial intelligence-related infrastructure over the next three years [BEIJING] Chinese e-commerce giant Alibaba announced on Wednesday (Sep 24)...
Australian central bank blasts ASX for trading settlement failures
[SYDNEY] The Australian Securities Exchange must make “foundational changes” to its governance, culture and risk management after last year’s trading settlement failure, the country’s central bank said on Wednesday.The...
Asia: Markets waver after Wall Street retreats from record
EQUITIES wavered on Wednesday following a down day on Wall Street, where worries about high valuations were compounded by mixed messaging from the Federal Reserve on its plans for...
Zijin Gold delays US$3.2 billion IPO as typhoon pummels Hong Kong
[HONG KONG] Zijin Gold International delayed its US$3.2 billion listing after Super Typhoon Ragasa slammed Hong Kong, bringing the city to a standstill and disrupting the company’s ability to...
Food Empire raises S$42.8 million from placement of 17 million treasury shares
The placement is expected to broaden the company’s investor base and position it for future growth opportunities [SINGAPORE] Food Empire raised around S$42.8 million in gross proceeds through the...
TikTok collected sensitive data on Canadian children, investigation finds
[OTTAWA] TikTok has agreed to improve its measures to keep children off its website and app after a Canadian investigation found its efforts to block children and protect personal...
Singapore businesses gear up for an uncertain 2026
Local firms are bracing for risks but see opportunities in digitalisation and green growthSINGAPORE companies head into 2026 under the shadow of geopolitical tensions, shifting tariffs and financial market...