Culture
US: Dow hits fresh record after Fed chair signals possible rate cut
Published Sat, Aug 23, 2025 · 06:17 AM[NEW YORK] Wall Street rallied on Friday (Aug 22) after US Federal Reserve chair Jerome Powell opened the door to lowering interest...
Europe: Shares close at five-month highs after Powell hints at September rate cut
[BENGALURU] European shares closed at their highest level in more than five months on Friday (Aug 22) after US Federal Reserve chair Jerome Powell pointed to a possible September...
Raffles Education receives letter of demand for 33.7 million yuan from Chinese company
The group believes that the claim, which relates to a 2021 equity transfer, is ‘without merit’[SINGAPORE] Raffles Education has received a letter of demand claiming that it is liable...
Former ALog Trust chief Karen Lee to lead Sabana Reit’s internal manager
The Reit’s trustee also names two new directors to the board of the internal manager[SINGAPORE] Karen Lee, who previously helmed Ara Logos Logistics Trust (ALog Trust), is expected to...
TikTok UK shifts to AI moderation, hundreds of jobs at risk
[LONDON] Social media platform TikTok announced on Friday (Aug 22) it will restructure its UK trust and safety operations, putting several hundred jobs at risk as it shifts to...
US: Wall Street opens higher as Powell’s speech looms large
Published Fri, Aug 22, 2025 · 09:43 PM[NEW YORK] Wall Street’s main indexes opened higher on Friday as investors awaited Federal Reserve Chair Jerome Powell’s Jackson Hole Symposium speech...
Creative narrows H2 loss to US$4.4 million, but US tariff threat weighs on revenue
[SINGAPORE] Creative Technology posted a US$4.4 million net loss for the six months ended June, narrowed from the year-ago US$6.8 million loss, as costs fell with lay-offs.The loss includes...
Chinese surgical robot maker Edge Medical said to file for Hong Kong IPO
The company is looking to raise about US$150 million to US$200 million as soon as this yearPublished Fri, Aug 22, 2025 · 07:02 PM[HONG KONG] Chinese surgical robot firm...
Temasek-backed Chinese surgical robot maker Edge Medical said to file for Hong Kong IPO
The company is looking to raise about US$150 million to US$200 million as soon as this yearPublished Fri, Aug 22, 2025 · 07:02 PM[HONG KONG] Chinese surgical robot firm...
STI rises 0.5%, tracking regional indices
Across the broader market, gainers beat losers 330 to 176 after 1.4 billion securities worth S$1.3 billion change hands[SINGAPORE] Shares in the Republic rose on Friday (Aug 22), tracking...
