Business
Sudan rebels at war with army hit back at US over genocide claims
Sudan's rebel paramilitary group battling the nation's armed forces in a deadly civil war has slammed the United States' decision to issue…
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Business
Business
Fu Yu’s largest shareholder requisitions EGM to oust directors amid poor performance
FU YU’S largest shareholder has called for an extraordinary general meeting (EGM) to remove two directors amid dropping shareholder value…
Business
Clip of vandalised mosque in India falsely linked to attack against minorities in Bangladesh
Minorities in Sunni Muslim-majority Bangladesh have encountered a string of attacks after long-time autocratic leader Sheikh Hasina was…
Business
PBOC says it will temporarily halt buying of government bonds
CHINA’S central bank said it will temporarily halt its buying of government bonds, after the benchmark yield slid to a record low this…
Business
PBOC halts bond buying to defend yuan as economic gloom worsens
CHINA’S central bank said it will suspend buying government bonds, its latest attempt to temper investor bets on weak economic growth that…
Business
Singapore banks reverse midweek gains on Friday, dragging STI down 1.6%
SINGAPORE equities fell on Friday (Jan 10), driven by losses in the banks and other Straits Times Index (STI) counters. The benchmark…
Business
Manulife US Reit to post FY2024 loss as its portfolio value falls 9.3%; divestment talks continue
THE portfolio value of Manulife US Real Estate Investment Trust (MUST) as at Dec 31, 2024 fell 9.3 per cent or US$116.6 million to US$1.1…
Business
Wall Street bonuses to jump by double digits at big banks
ATOP Wall Street’s largest investment banks, executives are locking in plans to award traders and dealmakers their biggest bonus increases…
Business
The '$' Behind Starting Your Own Company: Real Costs Revealed
Starting a business sounds like a dream, right? But let’s be real, it’s not just about having a cool idea and running with it. There’s a…
Business
Millennium hedge fund spinoff Modular expands to Hong Kong
MILLENNIUM Management spinoff Modular Asset Management plans to expand to Hong Kong, the latest hedge fund arrival as the city tries to…
Business
Stocks to watch: Sats, Hotel Properties, Manulife US Reit
THE following companies saw new developments that may affect trading of their securities on Friday (Jan 10): Sats: The company and its…
Business
Fed officials signal interest rates likely on hold for a while
SEVERAL Federal Reserve officials confirmed on Thursday (Jan 9) that the US central bank will likely hold interest rates at current levels…
Business
Uniqlo operator posts higher Q1 profit despite sluggish China results
THE operator of the Uniqlo global clothing chain reported first quarter results on Thursday (Jan 9) that trailed analyst forecasts as a…
Business
Europe: Markets rise as mining, healthcare surge amid bond market jitters
EUROPEAN markets ended on Thursday (Jan 9) on a high note, driven by a rally in healthcare and mining sectors, despite uncertainties over…
Business
The wayang of board evaluations
WELCOME to the new year. As we enter another corporate reporting season, the ritualistic dance of board evaluations takes centre stage.…
Business
You wasted $771 sitting in traffic last year
The average driver lost $771 in time and productivity due to traffic jams in 2024, a transportation analyst at INRIX told Newsweek. Why It…
Business
Blockbuster Yankees Trade Idea Would Send $37 Million Pitcher Back To Rival
Share ✓ Link copied to clipboard! The New York Yankees are reportedly trying to trade starting pitcher Marcus Stroman this offseason and…
Business
Enron Is Back. And It Wants to Sell You a Nuclear Reactor.
First came the news that Enron was back. Yes, Enron — the energy company whose profits were built on long-term fraud and which ended up…
Business
2-GW Gas-Fired Plant With GE Vernova Turbines Now Online in China
GE Vernova and Harbin Electric said a 2-GW natural gas-fired power plant has entered commercial operation in China, providing power to…
Business
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
There was a moment in late September when mortgage rates, after a monthslong decline, appeared poised to drop low enough to bring would-be…
Business
U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
For more than a year, U.S. Steel pursued an ambitious solution to its mounting challenges. Once a symbol of American industrial might, it…
Business
Park City Strike Ends With Increase in Wages for Ski Patrollers
Ski patrollers at Park City Mountain in Utah triumphantly returned to the slopes on Thursday, after ending a nearly two-week strike over…
Business
Can Low Unemployment Last Under Trump?
For a time, not too long ago, it was the central question animating economic forecasts and bets laid by investors in financial markets:…
Business
Pete Alonso Now Predicted to Go Back to New York Mets on Short-Term Deal
Free agent New York Mets slugger Pete Alonso has seen his first foray into the open market fall flat, at least so far, with 34 days…