Lifestyle
Elon Musk’s X to close San Francisco office, relocate workers
ELON Musk’s X, the social network formerly known as Twitter, will close its San Francisco office, ending the company’s presence in the city where it was founded in 2006.Chief...
SVB bankruptcy plan approved, but US$2 billion FDIC fight lingers
A JUDGE approved SVB Financial Group’s restructuring deal but dealt the company a setback in its fight with federal regulators to recover about US$2 billion it had at its...
Hatten Land files application for judicial management; trading in shares suspended
REAL estate developer Hatten Land on Monday (Aug 5) filed an application to the general division of Singapore’s High Court to be placed under judicial management. In a bourse...
Schwab, Fidelity, other online brokerages face disruption on frenetic trading day
ONLINE services at brokerages Charles Schwab and Fidelity Investments faced an outage on Monday (Aug 5), frustrating investors looking to trade on a day when many dumped anything risky...
Magnificent Seven set to shed US$900 billion in value, led by Apple, Nvidia
APPLE and Nvidia led a sell-off in technology stocks on Monday (Aug 5) as US recession fears and Berkshire Hathaway’s decision to cut its stake in the iPhone maker...
Lendlease Global Commercial Reit posts 21.2% lower DPU for H2 of S$0.0177
THE manager of Lendlease Global Commercial Reit (LReit) posted a distribution per unit (DPU) of S$0.0177 for the second half of financial year 2024 (FY2024) ended Jun 30, down...
CSE Global bags new Q2 orders worth S$204.4 million
The new orders bring its first-half order intake to S$390.6 million, edging down 0.1 per cent from S$391 million in H1 FY2023SYSTEMS integrator CSE Global on Monday (Aug 5)...
JPMorgan asset cools on China bond frenzy as curve flattens
A RELENTLESS rally in Chinese bonds has at least one global investor taking pause as yields continue to plumb record lows.JPMorgan Asset Management is taking a break from pursuing...
