Lifestyle
Federal Reserve will cut interest rates at some point, but no hurry, says Mester
CLEVELAND Federal Reserve Bank Loretta Mester on Wednesday said that she expects price pressures to ease further this year, allowing the Fed to reduce borrowing costs, but “we want...
US: Wall Street slips as dour earnings, chip stocks weigh
WALL Street’s main indexes fell in choppy trading on Wednesday with chip stocks among the top losers, while downbeat earnings reports from some industry majors, including insurer Travelers, added to the...
How war and Fed fund rates may impact your Singapore stock portfolio
EQUITY market research tells us that wars tend not to have lasting effects on stocks. The same goes for major geopolitical shocks. Initial overshoots correct themselves quickly, and investors...
Cordlife files police report against former employees for ‘potential wrongdoings’
CORDLIFE Group has filed a police report on Wednesday (Apr 17) against some of its former employees, following the preliminary findings of an internal investigation conducted by an external...
Jamie Dimon has a new vision for money in an AI world
JPMORGAN chief executive officer Jamie Dimon makes no secret that his firm is all-in on artificial intelligence. Now, the head of the world’s biggest bank is laying out his vision...
US dollar edges down but still close to 5½ month high; Fed, Middle East in focus
THE US dollar edged down but was near 5½-month highs on Wednesday (Apr 17) as Federal Reserve officials reiterated the rate-cutting cycle was on hold pending new economic data,...
Abbott beats quarterly profit estimates on strong medical device sales
ABBOTT Laboratories beat Wall Street estimates for quarterly profit on Wednesday (Apr 17) and raised the lower end of its forecast, as robust demand for medical procedures boosted sales...
Adidas shares surpass two-year high as ‘terrace’ sneaker trend boosts brand heat
SHARES in Adidas rose more than 8 per cent on Wednesday (Apr 17), hitting their highest level in over two years after the German sportswear giant on Tuesday reported...
