Culture
Nasdaq 100 gains as weak labour data fuels rate-cut bets
THE Nasdaq 100 rose on Thursday (Sep 4), closing 218.17 points, or 0.93 per cent higher, at 23,633.01, as investors digested weaker-than-expected labour market data ahead of Friday’s closely...
Bank of America sees two US Fed rate cuts this year vs none before
[NEW YORK] Economists at Bank of America forecast two US Federal Reserve interest-rate cuts this year, in September and December, based on weak August employment data, scrapping what had...
Disney races to keep promises made in launch of ESPN online
[NEW YORK] Three weeks after ESPN launched an online version of its pay-TV network, parent Walt Disney is racing to cut deals with cable providers so viewers can see...
China joins big oil in opposition to Trump’s biofuel proposal
[NEW YORK] US oil refiners have found an unlikely ally in their opposition to US President Donald Trump’s proposed changes to biofuel policy: China.A plan to slash incentives for...
Russian gas sales to China would not harm US, energy secretary says
Since coming back to the office, Trump has not imposed direct sanctions on Russian energy entitiesPublished Sat, Sep 6, 2025 · 10:10 AM[WASHINGTON] Energy Secretary Chris Wright said on...
US SEC launches task force on securities fraud by foreign companies
[WASHINGTON] The US Securities and Exchange Commission (SEC) is setting up a new unit to focus on securities fraud by foreign companies, one of the first signals of the...
Trump says Hassett, Warsh and Waller are finalists for US Fed chair
The timetable for selecting a successor to Powell, whose term as chair expires in May, remains unclearPublished Sat, Sep 6, 2025 · 08:01 AM[WASHINGTON] US President Donald Trump said...
Oil prices settle down more than 2% after weak US jobs report
[HOUSTON] Oil prices fell on Friday (Sep 5) as a weak US jobs report dimmed the outlook for energy demand, while swelling supplies may grow further after Opec and...
Lululemon’s woes mount on weak demand, Trump trade policies
[Vancouver] Lululemon Athletica’s rough year continued as the once fast-growing apparel chain slashed its outlook on weakening demand and the Trump administration’s tougher trade policies.The retailer’s shares tumbled 20...
Tesla offers unprecedented US$1 trillion pay package to Musk
[WASHINGTON] Tesla proposed a new compensation agreement for chief executive officer Elon Musk potentially worth around US$1 trillion, a massive package without precedent in corporate America.The long-awaited proposal, designed...
