Taylor Swift “Completely in Shock” After Stabbing Attack at Themed Event in England – E! Online

Taylor Swift “Completely in Shock” After Stabbing Attack at Themed Event in England – E! Online

Eight People Injured, Including Children, in Mass Stabbing at Taylor Swift-Themed Event Taylor Swift is speaking out amid a tragedy. After a horrific stabbing attack took place at a children’s Swift-themed dance workshop in Southport, England, which left three children dead and eight other individuals critically injured—five among them children—the 34-year-old is expressing her grief.…

Read More

PayPal lifts 2024 profit forecast as spending holds up, margins improve

PayPal lifts 2024 profit forecast as spending holds up, margins improve

PAYPAL on Tuesday (Jul 30) raised its forecast for full-year adjusted profit for the second time, betting on resilient consumer spending in the back-to-school and upcoming holiday shopping seasons, while cost-cutting measures improved margins. American consumers have remained remarkably hardy despite higher-for-longer interest rates burning a hole in their pockets. Even as rival payments firms…

Read More

STI slips 0.1% as investors hold their breath for Fed meeting

STI slips 0.1% as investors hold their breath for Fed meeting

SINGAPORE stocks closed slightly lower on Tuesday (Jul 30), as investors wait in anticipation of the start of the Federal Reserve’s two-day meeting. The Straits Times Index (STI) ended 0.1 per cent or 2.41 points lower at 3,441.77. Across the broader market, losers outnumbered gainers 302 to 231, with around 1.1 billion securities worth S$1.2…

Read More

Hundreds of China merchants join protest against Temu over fines

Hundreds of China merchants join protest against Temu over fines

HUNDREDS of merchants staged a rally at PDD Holdings’ offices in southern China this week, protesting what they called unfair penalties that Temu’s owner is increasingly levying. The suppliers, mainly smaller outfits that sell Chinese goods to Western shoppers via the fast-growing Temu platform, brandished placards and yelled slogans outside a Guangzhou company outpost on…

Read More

Japan’s Nomura triples profit in Q1 on wealth management gains

Japan’s Nomura triples profit in Q1 on wealth management gains

Nomura’s net profit in the April-June was 68.9 billion yen (S$597.2 million) versus 23.3 billion yen a year earlier Nomura Holdings, Japan’s largest brokerage and investment bank, reported a 195 per cent jump in first-quarter profit on Tuesday (Jul 30) as the rally in global markets and return of domestic inflation bolstered demand for its…

Read More

China bond mania smashes records, setting up showdown with PBOC

China bond mania smashes records, setting up showdown with PBOC

CHINA’S bond rally has hit unprecedented levels, prompting investors to ask whether the central bank will finally decide to squeeze out speculators or let the market run hot to help the economy. Government debt yields have sunk through fresh record lows, as investors bruised by sinking stocks, falling property prices and unappealing deposit rates flee…

Read More

Rakuten slides most since May on fintech reorganisation delay

Rakuten slides most since May on fintech reorganisation delay

RAKUTEN Group’s shares slid as much as 6.7 per cent in their biggest intraday drop since May on delays to the Tokyo-based online shopping mall operator’s plans to combine its fintech operations. A plan to reorganise Rakuten’s banking, securities, credit card and insurance businesses under one umbrella had fueled optimism around the debt-ridden company, which…

Read More