Lifestyle
Gold steadies as investors brace for US election and potential rate cuts
GOLD prices held steady on Monday (Nov 4), as investors prepared for a crucial week for the global economy, marked by the US presidential election and the likelihood of...
SPH Media cuts 10% of tech employees in restructuring move in bid to stay sustainable
THIRTY-FOUR or 10 per cent of SPH Media’s employees in its tech division across teams and ranks will be cut as the group aims to remain competitive and sustainable amid the...
Blackstone in advanced talks to acquire shopping centre owner Retail Opportunity: sources
BLACKSTONE is in advanced talks to acquire Retail Opportunity Investments Corp (Roic), which owns US shopping centres and has a market value of US$3.4 billion including debt, according to...
Chinese solar firms, ever-nimble, go further afield where US tariffs don’t reach
SOME of the biggest Chinese-owned solar factories in Vietnam are cutting production and laying off workers, spurred on by the expansion of United States trade tariffs targeting it and...
Australian lender Westpac sees solid credit demand in 2025, posts 3% annual profit fall
AUSTRALIA’S Westpac Banking on Monday (Nov 4) reported a fall in annual profit, and said it expects solid demand for housing and business credit in 2025 as the country’s...
Buffett keeps cutting Apple stake, with value down 60% this year
BERKSHIRE Hathaway’s continued sales of Apple shares in the third quarter left the conglomerate’s stake at a fraction of its size at the start of the year. Berkshire cut...
Asean gains in the near term amid US-China tensions, but beware of escalations: MAS’ Chia Der Jiun
A key risk is a rapid increase in protectionist policies, which will negatively impact global growth and inflation tariffs, the managing director warnsTHE South-east Asia region has benefited in...
Greenback rebounds against most major units after weak jobs data; traders eye US election
THE US dollar rose against the euro and rebounded against most major currencies on Friday (Nov 1) after traders digested data showing US job growth slowed sharply in October...
