Culture
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...
Asia: Stocks swing as traders bide time ahead of US rate decision
ASIAN stock markets were mixed on Wednesday as investors bided their time ahead of an expected US interest rate cut later in the day.Traders took a breather from the...
Oil settles over 1% higher as Ukraine drone attacks target Russian supply
[NEW YORK] Oil prices rose over a dollar a barrel on Tuesday, as traders weighed the possibility that Russian supplies may be disrupted by Ukrainian drone attacks on its ports and...
US: Wall Street opens higher on rate cut expectations
[NEW YORK] Wall Street’s main indexes opened higher on Tuesday (Sep 16) as investors priced in expected interest rate cuts from the Federal Reserve on Wednesday, while digesting stronger-than-expected...
Musk answers Tesla’s pay proposal with US$1 billion stock buy
ELON Musk responded to an unprecedented pay proposal from Tesla’s board by buying about US$1 billion worth of shares, sending the stock soaring in premarket trading.The billionaire bought the...
Australian pension funds to expand use of forex hedging as size grows
[SYDNEY] Australian pension funds will have to expand the use of foreign exchange hedging as the sector is likely to grow in size to become the second-largest globally with...
Trump administration orders Delta, Aeromexico to end joint venture by Jan 1
[WASHINGTON] The Trump administration said late on Monday it was ordering Delta Air Lines and Aeromexico to unwind a joint venture by Jan 1 that let the carriers coordinate...
US: Wall Street opens higher as Fed meeting week begins; Tesla climbs
[NEW YORK] Wall Street indexes opened slightly higher on Monday (Sep 15), setting the stage for a week dominated by the Federal Reserve’s policy meeting, while Tesla shares gained...
Trump says companies should report earnings every six months
[WASHINGTON] President Donald Trump said companies should not be forced to deliver earnings reports on a quarterly basis, saying he preferred a six-month schedule he cast as saving businesses...
STI edges down 0.1% on Monday, bucking regional trend
Across the broader market, advancers outnumber decliners 319 to 240 after 1.7 billion shares worth S$1.4 billion change hands[SINGAPORE] The Straits Times Index (STI) inched lower on Monday (Aug...
