Posts by Stephanie Irvin
What is Laopu Gold? Its stock soared 2,000% and now it’s opened a store in Marina Bay Sands
[SINGAPORE] Up-and-coming Chinese jewellery label Laopu Gold has made waves in the past year with both consumers and investors alike. There has been rapidly rising demand for its offerings – and a stock price that has soared more than 2,000 per cent since its blockbuster Hong Kong listing at an initial public offering price of HK$40.50…
Read MoreTrump’s trade deal pushes Garuda to learn to love 737 Max again
[JAKARTA] Five months after a Boeing 737 Max aircraft operated by Lion Air crashed into the Java Sea in 2018, Indonesian flag carrier Garuda Indonesia tried to cancel its remaining order for the same model. Now, the country is working to revive that deal as it seeks to forge favourable ties with US President Donald…
Read MoreHong Kong’s US$25 billion pile of soured debt spurs talks to form ‘bad bank’
[HONG KONG] The pile of non-performing loans (NPLs) at Hong Kong lenders has grown so large that some in the industry have discussed the creation of a “bad bank” to soak up the financial hub’s soured debt. The talks between some of the city’s biggest banks, described by sources familiar with the matter, have been…
Read MoreNew details in Air India crash probe shift focus to plane’s captain: WSJ
A COCKPIT recording of dialogue between the two pilots of the Air India flight that crashed last month indicates the captain cut the flow of fuel to the plane’s engines, the Wall Street Journal reported on Wednesday. The newspaper cited people familiar with US officials’ early assessment of evidence uncovered in the investigation into the…
Read MoreUS firms passing some cost hikes to consumers: Fed survey
[WASHINGTON] Many US firms passed along “at least a portion of cost increases” to consumers in recent weeks, as businesses faced higher prices linked to President Donald Trump’s tariffs, the Federal Reserve said on Wednesday. Businesses also expect costs to remain elevated, “increasing the likelihood that consumer prices will start to rise more rapidly by…
Read MoreThree-quarters of US teens use AI companions despite risks: study
[SAN FRANCISCO] Nearly three in four American teenagers have used AI companions, with more than half qualifying as regular users despite growing safety concerns about these virtual relationships, according to a new survey released Wednesday. AI companions – chatbots designed for personal conversations rather than simple task completion – are available on platforms like Character.AI,…
Read MoreUS: Stocks end higher, shrugging off Powell firing fears
[NEW YORK] Wall Street stocks finished higher on Wednesday, shrugging off a mid-session swoon after US President Donald Trump denied plans to fire Federal Reserve Chair Jerome Powell. Major indices had moved suddenly negative following reports that a dismissal could be imminent. But they recovered quickly once Trump ruled out firing Powell, for now. Trump, who has…
Read MoreUK fines Barclays US$56 million for lapses in financial crime control
It failed to evaluate money laundering risks while providing services to its clients Stunt & Co and WealthTek Published Wed, Jul 16, 2025 · 05:44 PM [LONDON] Britain’s financial regulator fined Barclays US$56 million on Wednesday (Jul 16) for failing to evaluate money laundering risks while providing services to its clients Stunt & Co and…
Read MoreWhy is Corporate Health Insurance Insufficient?
Corporate health insurance provides a safety net for an employee’s medical expenses, as outlined in the policy terms. However, in times of need, it might not be enough. A lack of customization and limited coverage in health insurance can cause a financial drain during medical emergencies. For these reasons, it is essential to be fully…
Read More10 Advantages of a Roof Replacement of Your Rental Properties
If you have a single-family home or a townhouse that you rent to tenants, it is essential to maintain the property. You might not be living under that roof, but there are great advantages to replacing the roof on your rental properties. Take a look at the ten advantages you’ll gain from a roof replacement…
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