Leadership
SpaceX plans to send five uncrewed Starships to Mars in two years, Musk says
SPACEX plans to launch about five uncrewed Starship missions to Mars in two years, CEO Elon Musk said on Sunday (Sep 22).Earlier this month, Musk had said that the...
RBA set to extend rate pause as housing crisis props up prices
AUSTRALIA’S record household debt was a key factor in the Reserve Bank of Australia’s (RBA) cautious approach to tightening, and now housing is an important consideration in the RBA...
Fed is about to get validation for its jumbo rate cut
THE US Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s aggressive interest-rate cut and chair Jerome Powell’s view that...
Canadian dollar clings to weekly gain as retail sales beat estimates
THE Canadian dollar steadied against its US counterpart on Friday (Sep 20) as domestic data showed retail sales rising more than expected in July and despite the greenback notching...
Global money is chasing Indian stocks again as bull run extends
Overseas funds are piling money into Indian stocks, marking a strong return to the US$5 trillion market after election-related uncertainty earlier this year triggered a brief hiatus.At US$8.5 billion,...
Directors add to interests in property stocks
INSTITUTIONS were net buyers of Singapore stocks over the five trading sessions spanning Sep 13 to 19, with S$367 million of net institutional inflow, bringing total net inflows from...
Japan top FX diplomat says watching for any build-up of yen carry trades: NHK
Japan’s top currency diplomat Atsushi Mimura said authorities are “always watching markets” as a renewed build-up of yen carry trades could heighten market volatility, public broadcaster NHK quoted him...