Technology
HSBC, Standard Chartered press Sunak to ease clampdown on China business
RISHI Sunak’s government faces pressure from banks including HSBC Holdings and Standard Chartered, as well as other major companies in the United Kingdom, to tone down proposed restrictions on...
Biden determined to keep US Steel in US hands: White House
PRESIDENT Joe Biden remains determined to make sure US Steel Corp remains in American hands, the White House said on Thursday.“The president remains determined to make sure that US Steel stays in American...
Oil holds near one-week high on rising demand hopes after China, US data
OIL prices held near a one-week high on Thursday as data from China and the US that signalled demand in the world’s two biggest crude-consuming nations could climb offset weak...
Angela Gosser, A Kentucky Woman Goes on Shooting Spree, Kills Husband and Sister, Injures Brother Before Being Shot Dead
A horrifying tragedy struck Kentucky when Angela Gosser, aged 56, unleashed a shooting rampage that claimed multiple lives, including her own. The sequence of events unfolded on a fateful...
US junk-rated firms refinanced US$270 billion debt in 2024, JPMorgan says
US HIGH-YIELD rated corporate debt borrowers have refinanced almost US$270 billion in bonds and loans this year and are on pace to beat 2023’s US$334 billion, according to a...
Kimly H1 net profit dips 6.1% to S$17.5 million
COFFEESHOP operator Kimly : 1D0 0% posted a 6.1 per cent drop in net profit to S$17.5 million for its first financial half year ended Mar 31, from S$18.7...
PwC cuts 60 Canadian jobs, bracing for economic slowdown
PricewaterhouseCoopers, the global accounting firm, eliminated 60 jobs in Canada as the company braces for the fallout from the nation’s economic slowdown, according to people familiar with the situation.The...
India projects biggest power shortfall in 14 years
India is projecting its biggest power shortfall in 14 years in June after a slump in hydropower generation, its government told Reuters, and is racing to avoid outages by...
