Lifestyle
Fed on hold leaves Wall Street asking what it will take to cut interest rates
[NEW YORK] With US Federal Reserve officials signalling an extended hold on interest rates, investors and economists will look to chair Jerome Powell this week for clues on what...
A ‘village’ where Alzheimer’s patients move about freely: Perennial’s new care model in China
[XI’AN] Near the scenic Qinling mountains of Xi’an is a life-sized replica of a typical Chinese town. It features residential blocks, a post office, grocery store, florist and playground....
Taiwan imposes technology export controls on Huawei, SMIC
Taiwan has blacklisted Huawei Technologies and Semiconductor Manufacturing International Corp (SMIC), dealing another major blow to the two companies spearheading China’s efforts to develop cutting-edge AI chip technologies.Taiwan’s International...
US dollar’s tepid rebound reinforces questions around haven role
The US dollar’s muted rally against major peers after Israel’s strikes on Iran reinforced the impression that the greenback’s role as a global haven currency is fading.A Bloomberg gauge...
The low-cost carriers that have taken to Singapore skies
[SINGAPORE] News of the impending shutdown of Jetstar Asia, with the loss of more than 500 jobs, has sent shockwaves through the aviation sector.Comments on social media site Reddit...
DBS, OCBC, UOB lead weekly buyback consideration tally
[SINGAPORE] Over the five trading sessions from Jun 6 to 12, institutions were net sellers of Singapore stocks with net institutional outflow of S$80 million, following the S$32 million...
Debt to decarbonisation: challenges for Nippon Steel
[TOKYO] Nippon Steel on Saturday (Jun 14) touted a “historic partnership” with US Steel after US President Donald Trump approved a multi-billion-dollar merger.But the Japanese giant faces numerous headwinds...
Musk pins Tesla’s comeback on robotaxis after retreat from feud
TESLA already had a lot riding on its highly anticipated robotaxi launch long before Elon Musk decided to swing a wrecking ball through his alliance with US President Donald Trump – and...