Culture
Coffee drinkers face new jolt as tariffs fuel price hike
Companies are indicating that price hikes may have to follow suit if levies remain in place Consumers already shelling out more for their…
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Culture
Culture
Asia: Markets mixed after Nvidia earnings
N markets were mixed on Thursday after AI powerhouse Nvidia’s quarterly earnings beat expectations but its shares slipped over worries…
Culture
ANZ bankers learn about job losses after e-mail error: report
The Melbourne-based bank is in the midst of a major restructure under new chief executive officer Nuno Matos Some ANZ Group Holdings…
Culture
Temasek unit, Nexus ink deal to acquire stakes in Post Advisory
Post Advisory Group has reached a deal with Nexus Capital Management and a Temasek Holdings subsidiary that will reshape the ownership…
Culture
Bank of Japan’s Nakagawa says uncertainties remain high over impact of US tariff policy
Bank of Japan board member Junko Nakagawa said on Thursday that uncertainties remain high over US tariff policies and their impact on the…
Culture
Thai Airways may halt flight expansion plans on aircraft shortages
Thai Airways International may delay its flight and route expansion plans because the nation’s flag carrier has been unable to acquire…
Culture
Starbucks’ Malaysia operator posts record loss on Gaza conflict
Berjaya Food’s net loss has more than tripled to RM292 million for the financial year The operator of Starbucks in Malaysia saw its net…
Culture
Gold holds ground as investors await US data for more Fed cues
Gold prices remained stable on Thursday (Aug 28), as market participants awaited US economic data due this week that could help shed…
Culture
Bank of Korea holds for now, lays ground for rate cut after Fed
The Bank of Korea (BOK) paved the way for a possible interest rate cut after an expected move by the Federal Reserve next month, while…
Culture
Most Gen Zs lack retirement plans and overlook insurance: Prudential Singapore
While it is never too late, or early, to start planning for retirement, about seven in 10 Gen Zs in the Republic aged 16 to 28 said they…
Culture
Stocks to watch: CapitaLand Investment, CapitaLand Ascott Trust, Singapore Paincare
The following companies saw new developments that may affect trading of their securities on Thursday (Aug 28): CapitaLand Investment…
Culture
Chinese carmakers resist Beijing’s call to end brutal price war
China’s campaign to stamp out a ferocious electric vehicle (EV) price war seems to be having a limited effect, with all of the nation’s…
Culture
Australia’s Lynas posts over 90% fall in annual profit; to raise A$750 million
RALIA’S Lynas Rare Earths posted a more than 90 per cent fall in its full-year profit on Thursday, hurt by depreciation from its…
Culture
Google to invest additional US$9 billion in Virginia data centres
Alphabet’s Google is investing an additional US$9 billion in Virginia till 2026 to enhance cloud and artificial intelligence (AI)…
Culture
Air New Zealand full-year profit falls 15%, sees weakness ahead
The airline has been hamstrung by groundings due to extra maintenance on Pratt & Whitney and Rolls-Royce engines worldwide, and at one…
Culture
YouTube reaches short-term extension with Fox to prevent disruption
UBE and Fox said on Wednesday they have reached a short-term agreement that will keep Fox News, Fox Sports and other Fox channels…
Culture
Qantas’ annual profit rises 15%
RALIAN carrier Qantas Airways reported a 15 per cent rise in full-year underlying profit on Thursday, driven by robust travel demand…
Culture
Qantas posts second-highest annual profit on robust travel demand
AUSTRALIAN carrier Qantas Airways on Thursday posted its second-best annual underlying earnings and announced the highest full-year…
Culture
AI’s disruption of law firms could hold lessons for the broader business community
LIKE the rest of the developed world, Singapore is grappling with increasing graduate unemployment. In July, the government announced that…
Culture
Ex-Fed chief Yellen says Trump bid to oust US governor Cook ‘dangerous’
US PRESIDENT Donald Trump’s move to oust Federal Reserve Governor Lisa Cook marks a direct attempt to politicise the central bank and is…
Culture
Nvidia forecast shows decelerating growth after two-year boom
Nvidia, the world’s most valuable publicly traded company, gave a tepid revenue forecast for the current period, signalling that growth is…
Culture
Oil edges up on US crude stocks drop, impact of US tariffs on India
Oil prices settled higher on Wednesday (Aug 27) after data showed a larger-than-expected drop in US crude inventories and as investors…
Culture
Europe: Stoxx 600 closes higher, focus shifts to Nvidia results
Europe’s Stoxx 600 recovered slightly on Wednesday (Aug 27) after a sell-off in the previous session, as investors eyed political risks in…
Culture
US: Stocks advance as markets gird for Nvidia results
Wall Street’s major indexes eked out gains on Wednesday as markets braced for AI chip giant Nvidia’s financial results -- while awaiting…