Lifestyle

Traders eye return to business as usual after cyber outage; issues remain
Traders eye return to business as usual after cyber outage; issues remain
Trading returned to normal on Friday (Jul 19) after a global technology outage hampered operations at financial firms from London to Singapore and New York, although a few residual...
Bitcoin hits 1-month high, revives talk of another record run
Bitcoin hits 1-month high, revives talk of another record run
BITCOIN surpassed US$67,000 for the first time in more than a month, reviving speculation that the largest cryptocurrency may soon make another run at record highs, amid optimism that...
Europe: Stoxx 600 logs weekly decline as tech, resources shares weigh
Europe: Stoxx 600 logs weekly decline as tech, resources shares weigh
European shares clocked weekly losses as a sell-off in technology shares, some downbeat earnings along with falling commodity-linked stocks weighed, ending a tumultuous week marked by a global tech...
Geely’s Zeekr mulls building EVs in Europe to avoid tariffs
Geely’s Zeekr mulls building EVs in Europe to avoid tariffs
ELECTRIC-VEHICLE maker Zeekr is considering making cars in European factories linked to its parent, the Chinese auto conglomerate Zhejiang Geely Holding Group, to avoid European Union tariffs and further...
US: Wall Street opens lower as selloff resumes
US: Wall Street opens lower as selloff resumes
WALL Street’s main indexes slipped at the open on Friday (Jul 19) as investors continued to move away from heavily weighted chip and megacap tech stocks, while assessing the...
LSEG data and services back up and running after outage
LSEG data and services back up and running after outage
LSEG Group’s data and services were back up and running on Friday (Jul 19) after suffering an outage earlier in the day that caused some disruption across financial markets. A...
Meta chief Zuckerberg declines to endorse Trump or Biden in elections
Meta chief Zuckerberg declines to endorse Trump or Biden in elections
MARK Zuckerberg said that former President Donald Trump’s immediate reaction after being shot was “badass” and inspiring, and helps explain his appeal to voters. “Seeing Donald Trump get up after...
China likely to maintain lending rates even as economy slows
China likely to maintain lending rates even as economy slows
CHINA is expected to leave benchmark lending rates unchanged on Jul 22, while more market participants project further monetary easing to aid the economy following weaker-than-expected second-quarter economic data,...
Trump welcomes China to build cars in US in departure from Biden
Trump welcomes China to build cars in US in departure from Biden
FORMER US president Donald Trump has reiterated an openness for Chinese automakers to build cars in the US as a way to boost the economy, signalling a potentially different...
Goldman’s top stock analyst is waiting for AI bubble to burst
Goldman’s top stock analyst is waiting for AI bubble to burst
OVER three decades on Wall Street, Jim Covello has learned how painful it can be to bet against an inflating tech stock bubble. The market has a way of...