Culture
Gold set for weekly drop; market awaits more US data for economic cues
GOLD prices were poised for a weekly fall on Friday (Dec 20) after the Federal Reserve’s verdict on its monetary policy-easing cycle noted…
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Culture
Culture
As TikTok runs out of options, this billionaire has a plan to save it
EVEN as TikTok faces a looming ban in the US, Chinese parent company ByteDance has made it clear it has no plans to sell the popular video…
Culture
FedEx to spin off its freight trucking business
FEDEX announced the much-anticipated spinoff of its freight trucking division on Thursday (Dec 19), as it restructures operations to focus…
Culture
UK car manufacturing hits 44-year low in November, industry data shows
UK CAR manufacturing hit its lowest November output since 1980, as the industry grapples with the shift to zero-emission vehicles and…
Culture
Cromwell E-Reit divests 2 office assets in Italy for 20.9 million euros
This increases the Reit’s exposure to the logistics and light industrial sector Cromwell European Real Estate Investment Trust (Cromwell…
Culture
Stocks to watch: CDLHT, Cromwell E-Reit, CLI, Clas, IReit Global, Elite UK Reit
THE following companies saw new developments that may affect the trading of their securities on Friday (Dec 20): CDL Hospitality Trusts…
Culture
China’s ‘old shop’ jeweller bucks slowdown with 437% stock rally
IF ANYTHING glitters in China’s otherwise dour retail jewellery landscape, chances are it just might be from Laopu Gold. The Bejing-based…
Culture
Losses from crypto hacks jump to US$2.2 billion in 2024: report
FUNDS stolen by hacking cryptocurrency platforms surged 21 per cent from a year ago to US$2.2 billion in 2024, a report from blockchain…
Culture
Europe: Stoxx 600 clocks worst day in more than a month after Fed’s hawkish signal
EUROPEAN stocks fell on Thursday (Dec 19), with the benchmark Stoxx recording its biggest single-day drop since early November as…
Culture
US: Stocks end flat as rebound effort losses steam
WALL Street stocks finished little changed on Thursday (Dec 19) as Treasury bond yields climbed further in the wake of a Federal Reserve…
Culture
US: Wall St jumps at open after selloff on Fed rate cut caution
WALL Street’s main indexes broadly rose at the open on Thursday (Dec 19), a day after the Federal Reserve’s projections of…
Culture
Gift Guide: My Wist List! - Southern Curls & Pearls
Hotel Lobby Candle // Bow Drop Pearl Earrings // Veuve Clicquot Champagne // Faux Fur Coat // Polo Ralph Lauren Crewneck // Bistro Tile…
Culture
Gift Guide: For Newlyweds - Southern Curls & Pearls
The Newlywed Table Cookbook // Slip Pure Silk Sleep Mask // Bespoke Embroidered Coasters // Monogrammed Wine Bowl // Personalized Ring Box…
Culture
IReit Global inks lease agreement with second hospitality company in less than a month
EUROPE-focused real estate investment trust IReit Global has signed a 20-year agreement with hospitality operator Stayery, which will be…
Culture
Gift Guide: Last Minute - Southern Curls & Pearls
Victoria’s Secret Pajamas // Stanley Quencher // Bow Earrings // Pink Bow Candle Holder // Scalloped Basket Set Of 2 // OUAI Melrose Place…
Culture
Saudi Global Ports, co-owned by PSA, taps banks for up to US$1 billion IPO
STATE-backed Saudi Global Ports has picked banks including Goldman Sachs Group and HSBC Holdings to help arrange a planned Riyadh initial…
Culture
Saudi Global Ports, co-owned by PSA, taps banks for up to US$1 billion IPO: sources
STATE-backed Saudi Global Ports has picked banks including Goldman Sachs Group and HSBC Holdings to help arrange a planned Riyadh initial…
Culture
Disappointment over Spotify’s flat year-end wrap is a warning that AI is not everything
Several listeners have taken to social media to complain about how unrelatable and underwhelming this year’s edition was THERE was much…
Culture
Behind a potential Honda and Nissan tie-up, the existential threat posed by Chinese EVs
SOME unions are born of necessity, others from convenience. In the case of Honda and Nissan’s potential merger, it is mostly defensive as…
Culture
S-Reits fall despite US Fed’s 25-basis-point rate cut
SINGAPORE-LISTED real estate investment trusts (S-Reits) were a sea of red on Thursday (Dec 19) afternoon, even after the US Federal…
Culture
S-Reits fall despite Fed’s 25-basis-point rate cut
SINGAPORE-LISTED real estate investment trusts (S-Reits) were a sea of red on Thursday (Dec 19) afternoon, even after the US Federal…
Culture
Companies that spent billions on M&A are now selling for peanuts
COMPANIES that spent billions on poorly timed acquisitions in recent years are now offloading those assets at knockdown prices. Alibaba…
Culture
Analysts optimistic on Asian equity, bonds despite US Fed signalling fewer rate cuts
Bond investors will benefit from less volatility due to shifting rate expectations, they say ALTHOUGH the “hawkish” projection of interest…
Culture
Analysts optimistic on Asian equity, bonds even as US Fed signals fewer rate cuts
Bond investors will benefit from less volatility due to shifting rate expectations, they say ALTHOUGH the “hawkish” projection of interest…