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Discussions on potential acquisition interest still ongoing, says TalkMed
Discussions on potential acquisition interest still ongoing, says TalkMed
DISCUSSIONS on the potential acquisition of a stake in TalkMed Group are still in the preliminary stages, the healthcare services provider said on Thursday (Sep 19). “There is no...
EU warns Apple to open up iPhone operating system
EU warns Apple to open up iPhone operating system
THE European Union warned Apple to open up its highly guarded iPhone and iPad operating systems to rival technologies, or risk significant fines under its flagship digital antitrust rules....
Mercedes-Benz, Porsche choose Singapore for high-profile global debuts
Mercedes-Benz, Porsche choose Singapore for high-profile global debuts
Such unveilings – rare outside the US, Europe and China – attest to the Republic’s growing status as a regional platform A LIMITED-EDITION Mercedes-Benz sports car made its global debut...
China yuan closes at near 16-month high on rising stimulus hope
China yuan closes at near 16-month high on rising stimulus hope
CHINA’S yuan recovered all intraday losses on Thursday (Sep 19) to close near a 16-month high against the US dollar, underpinned by rising market expectations that Federal Reserve’s easing...
BofA now expects Fed to go for 75-bp cut in Q4 after bumper rate reduction
BofA now expects Fed to go for 75-bp cut in Q4 after bumper rate reduction
BofA Global Research raised its forecast for the Federal Reserve’s anticipated interest rate cuts for the remainder of this year to 75 basis points, after the US central bank...
Hong Kong probe finds Cathay Airbus defect could cause ‘extensive’ damage
Hong Kong probe finds Cathay Airbus defect could cause ‘extensive’ damage
An engine defect in the Airbus A350 plane that led to the cancellation of dozens of Cathay Pacific flights in early September could have escalated into “extensive damage”, according...
Vietnam removes pre-funding rule for foreigner investors in bid for market upgrade
Vietnam removes pre-funding rule for foreigner investors in bid for market upgrade
VIETNAM will remove a requirement for full pre-funding on equity transactions of foreign investors from Nov 2, its finance ministry said, the country’s latest effort to boost the chances...
Market fundamentals limit rate cut support to commodity prices; gold set to inch higher: analysts
Market fundamentals limit rate cut support to commodity prices; gold set to inch higher: analysts
On the oil market, rate cuts would only indirectly affect the prices as it secures the US economy’s soft landingTHE commodity sector in general will be supported by the...
Quick takes on US Federal Reserve’s half-point cut 
Quick takes on US Federal Reserve’s half-point cut 
THE US Federal Reserve has cut rates by 50 basis points (bps), a move aimed at boosting a cooling job market while continuing to push down on inflation.Fed chair...
SK Hynix shares tumble on double downgrade at Morgan Stanley
SK Hynix shares tumble on double downgrade at Morgan Stanley
SHARES of SK Hynix plunged, leading peers lower, after Morgan Stanley cut its rating on the Korean memory chipmaker two notches citing its fading pricing power.The stock dropped as...