Lifestyle
Oil settles higher as investors assess attacks on Russian energy facilities
[HOUSTON] Oil prices settled higher on Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries and of US President Donald Trump pressing Nato nations to halt Russian oil purchases....
Trump says companies should report earnings every six months
[WASHINGTON] President Donald Trump said companies should not be forced to deliver earnings reports on a quarterly basis, saying he preferred a six-month schedule he cast as saving businesses...
Whether it’s one rate cut or more, Fed’s Powell likely to act with caution as inflation stays high
US central bank expected to cut rates by 25 basis points to a range of between 4% and 4.25 % this weekA US Federal Reserve rate cut this week...
BYD’s US$45 billion stock wipeout raises doubts on China outlook
At the same time, rivals including Geely Automobile Holdings and Zhejiang Leapmotor Technology are gaining ground[HONG KONG] BYD faces pressure to restore investor confidence after a US$45 billion stock...
Yuan’s gradual advance may offer boost to emerging currencies
CHINA’S new-found tolerance for steady yuan appreciation looks set to re-accelerate a rally in emerging-market (EM) currencies, as investors brace themselves for lower US interest rates.Supporting such expectations is...
Peak number of private equity firms seen running zombie risk
A RECORD number of private equity firms will turn into so-called zombie funds this year, as they struggle to reel in new investor cash, according to Ian Charles, co-founder...