Culture

US: Wall Street opens higher as Fed meeting week begins; Tesla climbs
[NEW YORK] Wall Street indexes opened slightly higher on Monday (Sep 15), setting the stage for a week dominated by the Federal Reserve’s policy meeting, while Tesla shares gained...
Trump says companies should report earnings every six months
[WASHINGTON] President Donald Trump said companies should not be forced to deliver earnings reports on a quarterly basis, saying he preferred a six-month schedule he cast as saving businesses...
Whether it’s one rate cut or more, Fed’s Powell likely to act with caution as inflation stays high
US central bank expected to cut rates by 25 basis points to a range of between 4% and 4.25 % this weekA US Federal Reserve rate cut this week...
SIA Group’s passenger traffic up 5.4% in August
Passenger traffic is at 13.6 billion for the month, compared with 12.9 billion in the corresponding period last year[SINGAPORE] Passenger traffic for the two carriers under the Singapore Airlines...
STI edges down 0.1% on Monday, bucking regional trend
Across the broader market, advancers outnumber decliners 319 to 240 after 1.7 billion shares worth S$1.4 billion change hands[SINGAPORE] The Straits Times Index (STI) inched lower on Monday (Aug...
StanChart Singapore’s H1 profit climbs 12.4% to nearly S$1 billion
The rise in earnings comes amid a boost in fee and commission income, as well as forex income[SINGAPORE] Standard Chartered (StanChart) Singapore’s net profit climbed 12.4 per cent year...
China says preliminary probe shows Nvidia violated anti-monopoly law
CHINA’S market regulator on Monday (Sep 15) said that a preliminary investigation had found that US chip giant Nvidia had violated the country’s anti-monopoly law.The brief statement from the...
‘Implications go far beyond SGX’ should Singapore’s best companies choose to list overseas: Koh Boon Hwee
[SINGAPORE] The Republic needs “an ambitious and broad vision” for its capital markets, as well as a policy framework that will help realise that vision – or risk far-reaching...
Sydney Airport unveils terminal expansion to meet passenger jump
[CANBERRA] Sydney Airport, Australia biggest aviation hub, proposed a long-term overhaul of domestic and international terminal operations to cope with an expected 75 per cent increase in passengers in...
ST Engineering to hire over 300 technicians and engineers as it doubles engine MRO capacity
[SINGAPORE] ST Engineering on Monday (Sep 15) announced that it will hire more than 300 technicians and engineers to staff its new engine maintenance, repair and overhaul (MRO) facility.The...
Soaring bullion prices threaten to dull India’s festive gold sparkle
[NEW DELHI, Sept 15 (Reuters) - Gold demand in India this festive season is expected to be weaker than last year, as record-high prices are likely to curb jewellery...
Citi names banking veteran Lee Lung-Nien as new Singapore country officer and banking head
He will step into the new role on Oct 6, and is the first Singaporean to hold the post in 50 years [SINGAPORE] Citi has appointed Lee Lung-Nien as...