Posts by Riah Marton
US dollar eases after hitting highest in two weeks, US job data looms
THE US dollar edged down on Monday (Sep 2) but remained within striking distance of its highest level in almost two weeks as investors’ focus moved to a US jobs report due at the end of this week. US payrolls, due on Friday, will be crucial after Federal Reserve chair Jerome Powell pivoted from a…
Read MoreUK North Sea oil lobby warns of investment slump due to tax increase
THE United Kingdom’s new tax system for North Sea oil and gas could lead to an investment slump of more than 80 per cent, an industry lobby group said. Offshore Energies UK (OEUK) said on Monday (Sep 2) that changes by the new government could mean capital spending on UK projects falls to £2.3 billion…
Read MoreFood Innovators Holdings lodges preliminary document for Catalist IPO
RESTAURANT operator Food Innovators Holdings (FIH) has lodged a preliminary prospectus for a Catalist listing on the Singapore Exchange. FIH, which has more than a decade of experience in the Japanese food and beverage (F&B) industry, now runs two business divisions – leasing and subleasing, and a food-retail business. Its leasing and subleasing division leases…
Read MoreChina heiress takes over Wahaha beverage empire after power struggle
CHINESE beverage heiress Kelly Zong Fuli has been appointed as chairman of Hangzhou Wahaha Group, the beverage giant founded by her father, according to business registration information. Zong was listed as chairman, general manager and legal representative for Hangzhou-based Wahaha in the latest update of its business registration profile, according to corporate information platform Tianyancha. …
Read MoreLove in the Big City: Story, Casts, Premiere, Preview, Spoilers, Streaming Details, and More
Love in the Big City is an upcoming K-drama, which will take viewers through the life of a young writer named Go Young. It is scheduled to premiere on TVING in October. With just a month left for the release, the production team has shared details about the upcoming mini-series, including the story, casts, premiere,…
Read MoreDon’t Speed Past Keanu Reeves and Alexandra Grant’s Excellent Love Story – E! Online
Keanu Reeves & Girlfriend Alexandra Grant Are Having a Blast on Their High-Speed Date! We’re still not sure if those were squeals of delight or howls of mourning when it became clear that Keanu Reeves was off the market. But whichever reaction you identify with, finding out that the super-private actor had been love-pilled courtesy…
Read MoreSouth Korea to cut forex stabilisation fund by a record in 2025
South Korea will cut the size of its foreign exchange stabilisation fund by more than 30 per cent next year, a record amount, though the government says that’s still sufficient to defend the won. The move comes after the South Korean currency fell 3.7 per cent versus the US dollar year-to-date through the end of…
Read MoreM1 to ramp up solar panel installation as part of new sustainability initiatives
MOBILE network operator M1 plans to add solar panels to 10 more of its base transceiver stations (BTS) sites in 2025, announced the Keppel subsidiary on Monday (Sep 2), after doing the same for eight such sites across Singapore to date. M1 estimates that its move has reduced each BTS site’s electricity consumption by 20…
Read MoreAsia: Markets diverge as China woes offset US rate hopes
ASIAN markets were mixed on Monday (Sep 2), with optimism over an expected US interest rate cut offset by worries over the Chinese economy following the release of more disappointing data. Figures on Friday showed the US Federal Reserve’s favoured gauge of inflation – personal consumption expenditures index – fell in line with forecasts in…
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