Lifestyle

Intel CEO Lip-Bu Tan streamlines leadership team, names new technology chief: memo
Intel CEO Lip-Bu Tan streamlines leadership team, names new technology chief: memo
The company has also promoted networking chip chief Sachin Katti to be chief technology officer and artificial intelligence chief, according to the memoPublished Fri, Apr 18, 2025 · 08:48...
Trump moves to levy Chinese vessels in shipping shakeup
Trump moves to levy Chinese vessels in shipping shakeup
The proposal follows a months-long investigation ordered by Trump administration into whether Chinese shipbuilding threatens US national securityPublished Fri, Apr 18, 2025 · 07:30 AM[NEW YORK] The Trump administration...
US Fed proposes averaging large bank stress test results to reduce volatility
US Fed proposes averaging large bank stress test results to reduce volatility
[WASHINGTON] The US Federal Reserve kicked off a sweeping effort to overhaul its annual stress tests of large banks on Thursday (Apr 17), proposing to average results over two...
Maximize Business Savings: How to Get the Best Interest Rates on Deposits
As a business owner, you’re always looking for ways to grow your revenue, but what about optimizing the money you’ve already earned? While cutting costs and increasing sales are...
US dollar benefits from selling exhaustion, ECB cuts rates
US dollar benefits from selling exhaustion, ECB cuts rates
[NEW YORK] THE US dollar rallied on Thursday (Apr 17) after its recent weakness across peer currencies appeared exhausted for the time being, while the euro weakened slightly after...
AmEx profit rises on resilient card spending
AmEx profit rises on resilient card spending
Provisions for credit losses were US$1.2 billion in the quarter, compared with US$1.3 billion a year earlierPublished Thu, Apr 17, 2025 · 09:11 PM[NEW YORK] American Express reported a...
ECB cuts rates again to help economy weather erratic US trade policy
ECB cuts rates again to help economy weather erratic US trade policy
[FRANKFURT] The European Central Bank cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up an already struggling eurozone economy that...
Singapore shares settle higher on Thursday; STI extends rally, up 1.6%
Singapore shares settle higher on Thursday; STI extends rally, up 1.6%
The benchmark index’s gains mirror major regional indices, such as the Kospi, which rose 0.9%[SINGAPORE] The Straits Times Index (STI) continued to rally on Thursday (Apr 17), tracking regional...
Tariff-fuelled volatility killing private equity optimism as deal flows squeezed
Tariff-fuelled volatility killing private equity optimism as deal flows squeezed
[SINGAPORE] In just three months, private equity markets’ initial optimism for a busier year has largely dissipated. Instead, the turmoil unleashed on global financial markets by President Donald Trump’s...
Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows
Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows
[PARIS] France’s Hermes will fully shift the burden of tariffs in the US to its wealthy clientele, the company said on Thursday (Apr 17), as it posted first-quarter sales...