Lifestyle
US stocks get hit as war jitters fuel rush to bonds
THE financial world was roiled by a flare-up in geopolitical risks that sent stocks sliding – while spurring a flight to the safest corners of the market such as...
US regional banks dramatically step up loans to oil, gas and coal
A GROUP of US regional banks is ratcheting up lending to oil, gas and coal clients, grabbing market share as bigger European rivals back away.The list of banks includes...
3 key global macro drivers for the remainder of 2024
INDUSTRY trends from advance gross domestic product (GDP) estimates appear to indicate that Singapore’s economic growth is becoming more broad-based.Singapore’s economy began 2024 on firmer note with GDP growing...
Blackstone leads US$2 billion private loan for data centre firm
BLACKSTONE led a roughly US$2 billion financing package to Park Place Technologies to refinance the company’s debt and to fund a payout to its private equity owners, said people...
Qantas diverts Australia-London flight to avoid Iran airspace
QANTAS Airways has temporarily rerouted its direct service from Perth to London as it seeks to avoid airspace in the Middle East amid fears that Iran is planning an...
Georgieva selected for second term as IMF managing director
THE International Monetary Fund’s executive board on Friday selected Bulgarian economist Kristalina Georgieva to serve as managing director for a second five-year term, starting on Oct 1 this year,...
Apple loses bid to throw out UK lawsuit over App Store fees
APPLE’S bid to dismiss a lawsuit valued at nearly US$1 billion was rejected on Friday (Apr 12), with a judge ruling it must face allegations it charged more than...
India’s TCS profits rise on AI, cloud contracts
INDIAN IT giant Tata Consultancy Services saw March quarter profits above analyst expectations, with growth in cloud computing and artificial intelligence projects, the company reported on Friday (Apr 12).The...
