Culture
For just US$1 million, wealthy investors can buy a stake in hedge fund Millennium
[NEW YORK] For just US$1 million, investors are being offered a slice of one of the world’s largest hedge fund firms.Goldman Sachs is offering clients a stake in Izzy...
Oil prices climb 2% to one-week high as Fed rate cut, Trump-Putin talks loom
[NEW YORK] Oil prices climbed about 2 per cent to a one-week high on Thursday after US President Donald Trump warned of “severe consequences” if his talks with Russian President...
Europe: Stocks close at two-month highs propelled by earnings, defence stocks
EUROPEAN shares closed at their highest level in more than two months on Thursday, with aerospace and defence stocks and financials providing the biggest boost as investors assessed a spate...
Citigroup considers custody and payment services for stablecoins, crypto ETFs
[NEW YORK] Citigroup is exploring providing stablecoin custody and other services, a top executive told Reuters, in a further sign sweeping policy changes in Washington are spurring major financial...
US: Stocks hold steady after wholesale prices jump
Published Fri, Aug 15, 2025 · 06:11 AM[NEW YORK] Wall Street stocks shook off early losses to finish essentially flat on Thursday as markets digested disappointing inflation data that complicates expectations...
HSBC plans major global expansion of office, staff surveillance, documents show
[LONDON] HSBC plans to step up surveillance of staff and buildings by adding more cameras and biometric access to its premises globally, internal documents seen by Reuters show, a...
UOL to acquire student accommodation property in UK for £43.5 million
[SINGAPORE] Property developer UOL is acquiring a complex of student residential halls from the University of Brighton in the United Kingdom for £43.5 million (S$75.6 million), marking its first...
Yanlord Land back in the black with H1 net profit of 379.2 million yuan
[SINGAPORE] Yanlord Land recorded a net profit of 379.2 million yuan (S$67.8 million) for the first half of 2025, reversing from a net loss of 486 million yuan in...
US: S&P 500, Nasdaq retreat from record rally after hot producer inflation data
Published Thu, Aug 14, 2025 · 09:48 PM[NEW YORK] The S&P 500 and the Nasdaq retreated from record highs on Thursday (Aug 14), after a hotter-than-expected producer prices report...
Ho Bee Land H1 net profit increases over four times to S$49.8 million
[SINGAPORE] Ho Bee Land recorded a net profit of S$49.8 million in the first half of the year, a more than 400 per cent increase from S$8.8 million in...
