Lifestyle
US bank profits jump but watchdog warns of stress
THE US banking industry recorded higher profits in the second quarter of 2024, but the Federal Deposit Insurance Corporation (FDIC) on Thursday (Sep 5) identified several lingering areas of...
UK retailer John Lewis to bring back 100-year-old price pledge
British department store John Lewis is reintroducing its 100-year-old “Never Knowingly Undersold” promise to customers on Monday (Sep 9), two years after it dropped it, hoping a revamped version...
US dollar sags as traders up their bets on jumbo US rate cuts
THE US dollar touched one-month lows against the yen and was under pressure against other major currencies on Thursday (Sep 5) as growing concern over the US economic outlook...
Tourist-focused Island Hospital will enhance IHH Healthcare’s attractiveness to higher-paying foreign patients: analysts
Island Hospital is complementary to IHH’s existing Penang hospitals and yields immediate commercial synergies, say analystsINTEGRATED healthcare provider IHH Healthcare’s RM3.9 billion (S$1.17 billion) acquisition of Penang’s Island Hospital...
Morgan Stanley quietly walks away from plastics financing goal
MORGAN Stanley no longer has an explicit financing goal to tackle plastic pollution, as the Wall Street bank quietly shelves an earlier target.
In its latest ESG report, published on...
Jack Ma-backed Ant makes inroads on AI to pave tech growth
JACK Ma-backed Ant Group rolled out a package of artificial intelligence services, as the company seeks new avenues of growth following a multiyear government crackdown.
The fintech company said...
SP Group makes its largest solar investment in China with 240-MWp project
To date, the company has secured 1.45 gigawatt of solar projects across 18 provinces and municipalities in the countrySINGAPORE’S SP Group has deployed a 240 megawatt-peak agrivoltaic project in...
JPMorgan abandons recommendation to buy China stocks ahead of US election
JPMORGAN Chase abandoned its buy recommendation for Chinese stocks, citing heightened volatility around the upcoming US elections in addition to growth headwinds and tepid policy support. China was downgraded...
