Lifestyle
Gold prices flat ahead of US economic data
GOLD prices were flat in early Asian trade on Wednesday (Jul 24), with investors awaiting US economic data that could influence the Federal Reserve’s rate-cut timeline.Spot gold was little...
Elon Musk says plans for Mexico production will depend on US election
ELON Musk said Tesla will not invest further in its planned Mexico factory until after the United States election, citing too much political risk from Republican nominee Donald Trump’s...
Manulife US Reit urges unitholders to submit tax forms on time to reduce tax burden
UNITHOLDERS of Manulife US Real Estate Investment Trust (MUST) should submit US withholding tax documents on time to safeguard their interest, said the manager on Wednesday (Jul 24). It...
Cocoa declines as Lindt warns of global chocolate slowdown
COCOA fell in New York, paring some of Monday’s (Jul 22) big gain, as chocolate maker Lindt & Spruengli warned that the global chocolate market is facing pressure from...
Alphabet’s revenue boosted by cloud computing, search ads
GOOGLE parent Alphabet reported second-quarter revenue that beat analysts’ expectations, boosted by demand for cloud-computing services and advertising on its search engine.Sales, excluding partner payouts, were US$71.36 billion in...
GIC and Temasek face a tougher investing climate. What are they doing about it?
BOTH sovereign wealth fund GIC and state investor Temasek Holdings are key contributors to Singapore’s net investment returns, which is why their results are so closely scrutinised every year.GIC’s...
Visa prevented US$40 billion worth of fraudulent transactions in 2023
VISA prevented 80 million fraudulent transactions worth US$40 billion globally last year thanks to investments in technology including artificial intelligence (AI), a senior company figure said on Tuesday (Jul...
Best World raises stake in British beauty firm Pedal Pulses
Total purchase consideration of about S$5.5 million is not materially different from the one announced in April 2020BEST World International has raised its stake in British beauty company Pedal...