Culture

US: Stocks end at records, extending rally
[NEW YORK] Wall Street stocks finished at fresh records on Friday (Sep 19), extending a rally after the US Federal Reserve announced its first interest rate cut of 2025.All...

Agoda saga: Companies should not stop retrenched employees from getting union help, says MOM
Agoda recently laid off 50 Singapore staff, and said it would deny severance benefits if they reported the retrenchments to agencies or unions[SINGAPORE] Companies should not prevent their retrenched...

Singapore reviewing short seller claim against India’s Vedanta
The Singapore Police Force replied to Viceroy’s complaint, assigning it a reference number indicating it was reviewing the matter[LONDON] The Singapore Police Force (SPF) is reviewing a complaint by...

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...

Why Finding Your Tribe Is Essential for Personal Growth
At twenty-one, I faced a devastating medical prognosis. The doctor entered my hospital room, looked me in the eye, and delivered the crushing news: “You’ll probably never walk without...

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,...