Lifestyle
Boeing’s space and defense chief exits in new CEO’s first executive move
Boeing said on Friday (Sep 20) the head of its troubled space and defense unit is leaving the company immediately, in the first management change under new chief executive...
Oil ends week higher as investors take stock of Fed rate cuts
Oil prices settled lower on Friday (Sep 20) but recorded a second straight week of gains, garnering support from a US interest rate cut and a dip in US...
US dollar firms against yen after BOJ cautious tone over rate hikes
THE US dollar strengthened against the yen on Friday (Sep 20) after the Bank of Japan left interest rates unchanged and indicated that it was not in a hurry...
Fed’s relaxed bank-capital plan faces bipartisan FDIC pushback
A PLAN to dial back US regulators’ landmark bank-capital proposal is running into a wall of resistance at the Federal Deposit Insurance Corp (FDIC).At least three of five FDIC...
US: Wall St slips at open as investors pause after rate-cut driven surge
Wall Street’s main indexes opened slightly lower on Friday (Sep 20) as investors held back after a jump in the previous session that was sparked by an oversized interest...
Marsh, Tokio Marine Kiln launch port disruption insurance amid shipping chaos
BROKER Marsh and Lloyd’s underwriter Tokio Marine Kiln (TMK) have set up business interruption insurance for ports to provide cover against growing trade disruption risks such as threats to...
India’s Solar Energy to invest 180 billion rupees in renewables by 2030, mulls IPO
STATE-OWNED Solar Energy Corporation of India (SECI) on Friday (Sep 20) pledged to invest 180 billion rupees (S$2.9 billion) in equity for renewable capacity expansion by 2030, and announced...