Culture
Bank of Japan keeps interest rates unchanged at 0.5 per cent, decides to start selling ETFs
[TOKYO] The Bank of Japan (BOJ) kept interest rates steady on Friday (Sep 19) but decided to start selling its holdings of risky assets, taking another step forward in...
US: Wall St opens higher after Fed indicates more rate cuts
[NEW YORK] Wall Street’s main indexes opened higher on Thursday (Sep 18), a day after the US central bank delivered a quarter-point interest rate cut, while chipmaker Intel climbed...
Nvidia invests US$5 billion in Intel, plans to co-design chips
[SANTA CLARA, CALIFORNIA] Nvidia Corp agreed to invest US$5 billion in Intel and said the two will co-develop chips for PCs and data centres, a surprise move to help prop...
Sunway Group to buy Hongkong Land’s property arm MCL Land for S$738.7 million
[SINGAPORE] Real estate group Hongkong Land Holdings will sell its Singapore and Malaysian property arm MCL Land to Malaysia’s Sunway Group for S$738.7 million, the companies said on Thursday (Sep...
Asia: Markets fluctuate after Fed cuts interest rates
EQUITIES wavered in Asia on Thursday after the Federal Reserve lowered interest rates but left investors wondering how many more cuts were in the pipeline despite boss Jerome Powell...
China banks amped up 72 trillion yuan bond bet just as market peaked
It comes at a risky time as the nation’s bond market is about to wipe out this year’s advance[BEIJING] Just as China’s long bull run for bonds is fading,...
Attracting Quality Customers Requires Quality Content
I’ve noticed a disturbing trend in the entrepreneurial space that needs addressing. Too many “business gurus” are creating shallow content designed to attract unsophisticated customers. Their formula is predictable:...
Manchester United posts sixth year of net loss, forecasts revenue dip
MANCHESTER United reported an annual net loss for the sixth consecutive year on Wednesday (Sep 17) and forecast lower revenue for the fiscal year, highlighting the club’s ongoing financial...
STI continues to slide on Wednesday, down 0.3%
Across the broader market, decliners outnumber advancers 286 to 285 after 2.3 billion shares worth S$1.4 billion change hands[SINGAPORE] The Straits Times Index (STI) closed down on Wednesday (Sep...
OCBC aims to provide social loans to 10,000 women entrepreneurs by 2030, up from 2,000 now
The programme in Indonesia, Singapore, Hong Kong and Malaysia offers financing to women-led startups within their first two years of incorporation[SINGAPORE] OCBC has set a target of providing social...
