Lifestyle
US: Wall St opens higher as prospects of September rate cut grow
Wall Street’s main indexes opened higher on Thursday (Aug 22), as investors were more hopeful the Federal Reserve would kick off its interest rate cut cycle next month, while...
Pound at new 13-month high, wage data nudges euro
BUSINESS activity data helped lift the pound to a new 13-month high against the US dollar on Thursday (Aug 22) and kept the euro just shy of a similar...
CapitaLand India Trust prices S$150 million notes at 3.7%
CAPITALAND India Trust’s (Clint) trustee-manager announced on Thursday (Aug 22) that it has priced S$150 million notes at 3.7 per cent per annum. The interest on the notes, which...
Chanel buys minority stake in cutting-edge Swiss watchmaker MB&F
Chanel is buying a minority stake in Swiss watch brand MB&F in a deal that will give the independent watchmaker financial security while boosting the French fashion brand’s standing...
Baidu reports flat Q2 revenue as China’s economic slowdown hits ad spending
SeaRCH engine giant Baidu reported flat quarterly revenue on Thursday, as a sluggish economy weighed on advertiser spending.
Revenue in the second quarter was 33.93 billion yuan (S$6.2 billion), compared...
Hong Kong crypto exchanges face challenges to get full licences
HONG Kong’s push for a digital-asset hub faces growing pains amid uncertainty over whether 11 crypto exchanges will all achieve full licences after earlier receiving initial approvals. The city’s...
Budget carrier AirAsia gets US$443 million private credit funding
BUDGET carrier AirAsia Bhd has secured a US$443 million dual-tranche private financing to use partly for refurbishing planes grounded during the pandemic, according to sources familiar with the matter.Private...
Chinese EV maker BYD eyes state incentives for Mexico plant
CHINESE electric vehicle (EV) maker BYD has narrowed its list of finalists for the location of a manufacturing plant in Mexico down to three states and is reviewing a...
