Lifestyle
Gold expected to scale new heights
Gold price recorded a new all-time high on May 20, 2024, trading above the previous high of US$2,431 an ounce recorded in mid-April this year. The precious metal broke...
Families of Uvalde school shooting victims sue Meta, Microsoft, gunmaker
Families of the victims of the 2022 elementary school shooting in Uvalde, Texas, filed two lawsuits on Friday (May 24) against Instagram’s parent company Meta, Activision Blizzard and its...
Saudi Arabia plans Aramco share sale as soon as June: sources
SAUDI Arabia is planning a multi-billion-US dollar share sale in energy giant Aramco as soon as June in what would be one of the region’s biggest stock deals, two...
US: Wall St opens higher after retreating on inflation jitters
The main US stock indexes opened higher on Friday (May 24), rebounding after Wall Street closed lower in the previous session on signs of persistent inflation that rekindled monetary...
Greenback holds firm as traders trim US rate cut bets
THE US dollar was set for its largest weekly rise in a month-and-a-half on Friday (May 24) as surprisingly strong US economic data has left markets on edge about...
US dollar slips on profit taking but upbeat outlook remains
THE US dollar slipped broadly on Friday (May 24) as traders booked profits after recent gains but the US currency remained well-placed for further advances, supported by strong US...
EV maker Lucid to cut workforce by 6%
LUCID Group said on Friday (May 24) it would reduce its workforce by 6 per cent, or around 400 employees, as the electric vehicle industry grapples with slower growth.
Shares...
Investors rush to grab piece of US$1.8 trillion UK pension sector
Hedge fund Davidson Kempner and asset manager M&G are racing to be among the first firms to inject capital to boost Britain’s US$1.77 trillion pension sector, industry sources say.In...
