Lifestyle
US: Wall Street advances as traders’ bets rise for bigger Fed rate cut
Wall Street’s main indexes closed higher on Friday (Sep 13) as investors honed in on the chance of a bigger interest rate cut by the Federal Reserve next week,...
HSBC in talks to sell South African unit to FirstRand
HSBC Holdings is in talks to sell its South African corporate banking unit to FirstRand’s Rand Merchant Bank, people with knowledge of the matter said, as the UK lender...
US to boost scrutiny on tax-free imports over China worries
THE United States government said on Friday (Sep 13) it will work to curb the “overuse and abuse” of a mechanism allowing lower-value imports to enter the country duty...
Chinese EV giant BYD ramps up hiring as Beijing prioritises employment
BYD has significantly ramped up hiring, increasing its workforce to more than 900,000 people as at Friday (Sep 13), a senior manager said, making the Chinese electric vehicle giant...
STI closes at yet another high; ends the week up 3.1%
The index is up 10 per cent this year, putting it on track for its best year since 2017THE Straits Times Index (STI) ended Friday (Sep 13) at 3,562.65...
Indonesia sees growing rate cut bets ahead of meeting next week
An increasing number of economists see a chance that Indonesia’s central bank could lower its policy rate as early as next week, sooner than the fourth quarter timeline that...
China demand slump weighs on Moutai in trade before fall holiday
The liquor maker’s counter, which has slipped about 25% this year, is setting the company up for its worst annual performance since 2013SHARES of Kweichow Moutai were set for...
Boeing workers going on strike after 96% vote for walkout
BOEING’S US West Coast factory workers will walk off the job after 96 per cent voted on Thursday (Sep 12) in favour of a strike, halting production of the...
