Lifestyle
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...
Trump allies are working on plans to privatise Fannie and Freddie: WSJ
ALLIES of Republican US presidential candidate Donald Trump and bankers have been discussing plans on ending US government control of the mortgage-finance firms Fannie Mae and Freddie Mac if...
Malaysia says its tech boom will withstand US election ripples
MALAYSIA’S goal of boosting investments in its growing technology exports sector is unlikely to be affected by the results of the US election, according to Trade and Industry Minister...
Gold hits successive record highs ahead of expected Fed rate cut
Gold rose to a record high, building on a surge of nearly 2 per cent on Thursday, as the dollar extended declines ahead of a widely expected Federal Reserve...
Gold prices hover near record peak with weekly gains in sight
GOLD prices hovered near an all-time high on Friday (Sep 13), and poised for a weekly gain due to a weaker US dollar, while investors focused on US economic...
Second Chance loses free float; offeror to exercise right of compulsory acquisition
THE offerors of Second Chance Properties – chief executive Mohamed Salleh and his family – will be making a compulsory acquisition of all the shares of the company. As at...
Adobe forecasts downbeat quarterly earnings on cautious tech spending
PHOTOSHOP maker Adobe forecast fourth-quarter earnings below analysts’ estimates on Thursday (Sep 12), signalling stiff competition and soft demand for its AI-integrated editing tools amid challenging economic conditions.Shares of...