Lifestyle
Singapore shares inch up at Wednesday’s open; STI up 0.1%
SINGAPORE stocks opened slightly stronger on Wednesday (Jul 17), tracking a rally on Wall Street after the Dow and S&P 500 notched fresh records.The Straits Times Index (STI) rose...
Miner BHP hits guidance with record iron ore production
BHP Group’s iron ore output climbed 6 per cent in the three months to the end of June, taking the global mining giant to a record 260 million tonnes...
Morgan Stanley traders, bankers top estimates as wealth lags
MORGAN Stanley’s traders joined the party across Wall Street in the second quarter even as the firm’s larger wealth business fell short of expectations.
The bank’s trading business posted the...
Microsoft’s hiring of former Inflection AI staff prompts UK probe
BRITAIN’S competition regulator has started a formal investigation into Microsoft’s hiring of some former staff of Inflection AI and its partnership with the startup, it said on Tuesday (Jul...
US dollar edges higher on yen after Tokyo’s likely intervention last week
THE US dollar regained some lost ground on the Japanese yen on Tuesday (Jul 16) even as traders remained wary of further intervention by Tokyo to prop up their...
BHP to temporarily suspend Western Australia nickel operations
It is reeling from a plunge in metal prices and an oversupply in the global marketAustralia’s BHP Group will temporarily suspend its Nickel West operations and West Musgrave project...
Bank Negara holds key rate as subsidy cuts pose inflation risks
Malaysia’s central bank kept its benchmark interest rate steady on Thursday (Jul 11), in line with market expectations, as it flagged an expected pickup in inflation over the second...
Japan’s Nikkei hits all-time high, tops 42,000 on Wall Street gains
Japan’s Nikkei share average surged to an all-time high on Thursday (Jul 11), crossing 42,000 points for the first time as an overnight rally in US stocks boosted investor...