Lifestyle

Thai central bank chief warns against inflation target reset
Thai central bank chief warns against inflation target reset
June 18, 2024
THAILAND’S central bank governor warned that any move to raise the monetary authority’s inflation target may unanchor expectations and result in quickening price gains, which carries risks for economic...
Singapore-based Trafigura tops inaugural Fortune 500 ranking for S-E Asia
Singapore-based Trafigura tops inaugural Fortune 500 ranking for S-E Asia
June 18, 2024
COMMODITY trader Trafigura has come in first on the inaugural South-east Asian edition of the Fortune 500 list, a ranking of the largest companies by revenue. On Tuesday (Jun...
Australia will launch ‘holistic’ payments review under new remit
Australia will launch ‘holistic’ payments review under new remit
June 18, 2024
AUSTRALIA’S central bank is working with the government to modernise the country’s regulatory framework for retail payments, following which it will launch a “holistic review” of the sector, a...
US Surgeon General calls for social media warning labels to protect adolescents
US Surgeon General calls for social media warning labels to protect adolescents
June 17, 2024
US SURGEON General Vivek Murthy on Monday called for a warning label to be added to social media apps as a reminder that those platforms have caused harm to...
US: Nasdaq, S&P 500 close at new record highs
US: Nasdaq, S&P 500 close at new record highs
June 17, 2024
WALL Street stocks began the week on a strong note, with both the S&P 500 and Nasdaq finishing at fresh records spurred by continued enthusiasm over artificial intelligence.The tech-rich...
Apple to discontinue ‘buy now, pay later’ service in US as it plans new loan programme
Apple to discontinue ‘buy now, pay later’ service in US as it plans new loan programme
June 17, 2024
APPLE on Monday (Jun 17) said it will discontinue its “buy now, pay later” (BNPL) service in the United States as it launches a new loan programme.Users will be...
Serial Achieva seeks access to capital markets to grow regional IT distribution business 
Serial Achieva seeks access to capital markets to grow regional IT distribution business 
June 17, 2024
IN its bid to grow in South-east Asia, IT products and computer peripherals distributor Serial Achieva is seeking access to capital markets through a reverse takeover (RTO) transaction with...
Sabana Reit manager, trustee deny allegations that bond issuance impedes internalisation or is ‘highly abnormal’
Sabana Reit manager, trustee deny allegations that bond issuance impedes internalisation or is ‘highly abnormal’
June 17, 2024
THE manager and trustee of Sabana Industrial Real Estate Investment Trust (Sabana Reit) have hit back at claims that its upcoming sustainability-linked bond issuance could put the Reit in...
UBS begins major share buyback programme
UBS begins major share buyback programme
June 17, 2024
UBS has begun a share buyback programme announced earlier this year, and repurchased 44.8 million Swiss francs (S$67.9 million) worth of shares last week, the Swiss bank said on...
Foreign investors raise China onshore bond holdings in May
Foreign investors raise China onshore bond holdings in May
June 17, 2024
FOREIGN investors in May raised their holdings of China’s onshore yuan bonds for the ninth straight month, particularly in short-term debt instruments.Foreign institutions held 4.22 trillion yuan (S$786.8 billion)...