Lifestyle

China loosens grip on yuan with weakest fixing since November
China loosens grip on yuan with weakest fixing since November
CHINA set the yuan’s daily reference rate at its weakest since November in a sign policymakers are loosening their grip on the currency.The People’s Bank of China (PBOC) set...
Families of Boeing 737 MAX crash victims ask US to seek US billion fine
Families of Boeing 737 MAX crash victims ask US to seek US$24 billion fine
RELATIVES of the victims of two fatal Boeing 737 MAX crashes asked the Justice Department on Wednesday (Jun 19) to seek a fine against the planemaker of up to...
Bitcoin ETF lists on main Australian stock market for first time
Bitcoin ETF lists on main Australian stock market for first time
AN EXCHANGE-TRADED fund (ETF) investing in Bitcoin listed on Australia’s main stock market for the first time, adding to a wave of similar launches this year in the US...
Seatrium settles US million arbitration case with Awilco unit
Seatrium settles US$57 million arbitration case with Awilco unit
SEATRIUM’S wholly owned subsidiary, Seatrium New Energy, along with RigCo Holding, has entered into a settlement agreement with Awilco Drilling and two of its units. On Thursday (Jun 20),...
Seatrium settles US million arbitration case with Awilco unit
Stocks to watch: Seatrium, Wing Tai
THE following companies saw new developments that may affect trading of their securities on Thursday (Jun 20): Seatrium: Its wholly owned subsidiary, Seatrium New Energy, formerly known as Keppel Fels,...
Amazon invests 10 billion euros to expand cloud and logistics in Germany
Amazon invests 10 billion euros to expand cloud and logistics in Germany
AMAZON will invest 10 billion euros (S$14.5 billion) as demand for its cloud services and retail goods in Europe’s biggest economy keeps growing, the US technology and retail company...
Oil dips after hitting seven-week highs on demand hopes, war jitters
Oil dips after hitting seven-week highs on demand hopes, war jitters
OIL prices dipped on Wednesday (Jun 19) after hitting seven-week highs as summer demand optimism and concerns over escalating conflicts offset an industry report that said US crude inventories...
Dell, Super Micro providing server racks for xAI’s supercomputer
Dell, Super Micro providing server racks for xAI’s supercomputer
DELL Technologies and Super Micro Computer will provide server racks for the supercomputer that Elon Musk’s artificial intelligence startup xAI is building, the US businessman said on social media...
British bank NatWest to close Polish business, cutting 1,600 staff
British bank NatWest to close Polish business, cutting 1,600 staff
45 per cent of roles are gone for good and the remaining 55 per cent being transferred to the other two countries where equivalent jobs will be createdNatWest will...
Dollar struggles for direction, euro close to 1½ month low
Dollar struggles for direction, euro close to 1½ month low
The dollar struggled for direction on Wednesday (Jun 19) while the euro remained close to its recent lows on concerns that a new government in France could weaken fiscal...