Culture

Trump signs stablecoin law as crypto industry aims for mainstream adoption
[WASHINGTON] US President Donald Trump on Friday signed a law to create a regulatory regime for dollar-pegged cryptocurrencies known as stablecoins, a milestone that could pave the way for...
Blackstone drops out of consortium bid for TikTok US: source
PRIVATE equity giant Blackstone has withdrawn from a consortium seeking to invest in TikTok’s US operations, a source familiar with the matter told Reuters on Friday.The latest change came...
G20 finance chiefs back central bank independence in first communique since October
[DURBAN, South Africa] Finance chiefs from the Group of 20 countries stressed the importance of central bank independence while pledging to boost cooperation in a communique they issued on...
Oil steadies as mixed US economic and tariff news offset new Russia sanctions
[NEW YORK] Crude oil futures were little changed on Friday on mixed US economic and tariff news and worries about oil supplies following the European Union’s latest sanctions against Russia for its war...
Europe: Shares end flat as markets assess earnings flurry
EUROPEAN shares were unchanged on Friday, as losses in heavyweight healthcare shares were countered by an advance in oil and gas stocks, closing out a busy week filled with corporate...
US: Stocks mixed as indexes struggle to retain record highs
Published Sat, Jul 19, 2025 · 06:09 AM[NEW YORK] Wall Street stocks closed mixed on Friday, with the S&P 500 and Nasdaq struggling to log significant gains as investors awaited further...
US: Wall Street opens higher as investors weigh data, earnings
Published Fri, Jul 18, 2025 · 09:43 PM[NEW YORK] Wall Street opened higher on Friday (Jul 18), with investors weighing a week of mixed economic signals and earnings reports,...
Porsche plans more cost cuts to counter tariffs, China slump
It will start negotiations on additional reductions in the second half of this yearPublished Fri, Jul 18, 2025 · 09:39 PM[Stuttgart] Porsche warned its employees to brace for further...
Lum Chang Creations’ public offer of 1 million shares 47.3 times oversubscribed
[SINGAPORE] Lum Chang Creations (LCC) has drawn strong investor interest for its initial public offering (IPO), with one million offer shares about 47.3 times oversubscribed by retail investors. By...
Garuda new 737 plane’s higher rent may strain finances further
[JAKARTA] Garuda is paying twice as much to lease its latest Boeing 737 Max jet than it does for the older 737 planes in its fleet, another potential blow...
UOB awarded S$17.7m in civil suit against Lippo Marina Collection over inflated housing loans
[SINGAPORE] UOB has been awarded S$17.7 million in claims against Indonesian developer Lippo Marina Collection (LMC) and two property agents, Goh Buck Lim and Aurellia Ho, in a long-running...
Singapore shares end week on high; STI up 0.7%
Across the broader market, advancers outnumber decliners 430 to 147, after 2.2 billion securities worth S$1.6 billion change hands[SINGAPORE] The benchmark Straits Times Index (STI) capped a week-long rally...