Lifestyle
China defends manufacturing push, says world needs more EVs
CHINA’S manufacturing capacity is helping the world fight climate change and contain inflation, said Vice Finance Minister Liao Min, pushing back against US Treasury Secretary Janet Yellen’s latest criticism...
Apple Intelligence to miss initial launch of upcoming iOS 18 overhaul
APPLE’s upcoming artificial intelligence (AI) features will arrive later than anticipated, missing the initial launch of its upcoming iPhone and iPad software overhauls but giving the company more time...
Australia rate-hike debate set to crescendo with inflation data
DEBATE over whether Australia’s central bank needs to deliver a late-cycle policy tightening is likely to be resolved with the release of quarterly inflation data this week – and...
More project finance needed to decarbonise transport, materials sectors: Citi
MORE project finance is needed to transition “hard-to-abate” sectors – such as steel and cement production, aviation and shipping – towards clean energy, said a report by banking group...
Maintaining balance sheet strengths as S-Reits average 39% gearing
WITH almost full certainty that the Federal Reserve will cut interest rates this September (based on CME Fed Watch Tool showing a 100 per cent probability as of Jul...
US: Wall St opens strong as megacaps recover; inflation data in focus
Wall Street’s main indexes opened higher on Friday (Jul 26), with the Nasdaq taking the lead as most megacap tech and chip stocks recovered from the week’s pummelling and...
SIA Engineering net profit rises 23% to S$33.2 million in Q1 on healthy MRO demand
AIRCRAFT maintenance provider SIA Engineering Company (SIAEC) reported a net profit of S$33.2 million for its first quarter ended Jun 30. This was up 23 per cent from S$27...
The Bank of England gets a positive hint about rate cuts from service prices
SOME of the United Kingdom price indicators the Bank of England (BOE) is watching closely for signs of lingering inflation are flashing a green light for interest-rate reductions as...
